Jesus...even though I said for the past couple of months the ‘bottom’ would be 7,000...wish I was wrong.
5500 by the end of the year
Bottom is falling out. Dropped another 40 points since I snapped that chart.
My gut feeling is that we’re headed for 4000. This is seriously not good. And it’s only a matter of time before the bond market collapses, and takes the US Government with it.