RE: RunningAlpha.com issues Critical Crash Warning with Dire Consequences for Canadian Portfolio Managers and Retail Investors ( Level 10 Signal issued by RunningAlpha.com — last time signal was so strong was on the eve of the Great September Crash of 2008 ).
Say Hello to revisiting the USA Style Crash of 2008, not in USA, but this time for Canada. While secular bear market confirmation occurred on June 19th at the weekly closing value of 4512.92, the 4144 level is critical crash trigger for DJ Wilshire Canada Index ( currently resting at: 4178.52 as of July 21st, 2015 close ). When this level is breached to the downside, a sudden and persistent bear market with dramatic expression and follow-through ( based on DJ Wilshire Canada Market Index ) is imminent.
For details on where the Loonie is heading in 2016 and beyond, and what this means for Policymakers and the Canadian Economy, access Running Alpha’s most up-to-date premium research report at the top of our Blog.
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