Daily Stock Market Update. June 4th, 2014. InvestWithAlex.com

An up day with the Dow Jones up 15 points (+0.09%) and the Nasdaq up 18 points (+0.41%).

Since the market continues to flat line, let’s take a quick look at index divergences and their meaning. While most major indices are up for the year (S&P +4.3%, Nasdaq +1.8%, Dow +0.9%), this doesn’t tell the whole story.

While the S&P and the Dow have re-confirmed their bullish trends, the Nasdaq has failed to do so. Just a matter of time? Maybe or maybe the Nasdaq is the leading indicator in this bearish setup. As I have mentioned a few days ago, the Nasdaq is likely in a process of building the right shoulder of a fairly large Head-And-Shoulders trading pattern. Making the Nasdaq the most important index to watch over the next few months. Assuming that you would like to get it right.

This is further confirmed by my mathematical and timing work. Again, my work shows a severe bear market between 2014-2017. When it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning which way it will break and when, please CLICK HERE

(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. June 4th, 2014 InvestWithAlex.com

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