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SnP outlook - $1580 target by June 2020

SnP outlook - $1580 target by June 2020

If March monthly candle closes this tuesday below ~$2800 which it looks highly likely, the market I believe will dump rather quickly to ~$1600 before we start the formation of a bull trap later this year. But if that scenario occurs, then the bull trap could rally to say 50-61.8% levels which are basically around where we are now so let that sink in whether to exit all stocks and bonds.

I am accumulating gold and mostly silver on the dips. The risk-parity trade breakdown has proven stocks and bonds to move in correlated fashion so no standard portfolio is safe.

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