So … Is it going to be a Bear or a Bull for 2016?

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The moment of truth is upon us. FTSE has managed to stay above 6,000 for more than a few days and most importantly Dow Jones ( DJIA) possibly/perhaps/maybe is to approach and cross 17,000. DJIA 17,000 is my indicator with which I judge whether major world markets will entre a bull trend or back down and see the markets correct more than they already have. Once and if we cross 17,000 Dow, we have an even more important number to hit, cross and stay above … And the number is 17,400. A sustained manoeuvring above 17,400 is a definite indication for me that we have entered a bull market which will last at least for the year, with a very possible target of 20,000 DJIA by the end of the year. Above 17,400 I will go all in, on S&P , DJIA , DAX, Nikkei and other major markets. The bullishness above that level will also pull up FTSE as reluctant as it may be acting .

Next week or so are absolutely crucial to watch, it is worth watching and tapping fingers for direction … Caution is still king, since, whenever we feel comfortable about a direction , they simply switch and go the exact opposite direction, this is indeed how they take our money, it is a pre-determined game, they are privy to it and we are not … and did I say all major markets are fixed? Indeed they are … fixed to the last digit … These are all games … Clever Games.

Good luck

All in my humble opinion and no investment advice intended.

Andre Minassian

www.clevergamesuk.com

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Comments

  1. Jeff B. says:

    Thank you for the article Andre, always look forward to your thoughts.
    Personally I would love a bull market as unlikely as it may seem.

    kind regards
    Jeff

  2. captain says:

    Yes, we will see DJIA 17,000 or there abouts. Not convinced we’ll see new highs any time soon.

  3. Amin saleem says:

    Fantastic advise as always

  4. Andre says:

    Thank you Jeff, It maybe that DOW 20,000 is back on the cards, first need to cross 17,400

    Andre

  5. Andre says:

    Thank you Amin for your kind words.

    Andre

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