People Take One Look At This Chart And Conclude Stocks Are Due For A Big Plunge

For those of you who are into patterns, this chart may be a bit jarring. It comes from an excellent presentation on the state of the markets published by JP Morgan Funds’ David Kelly.

From the looks of it, we’re due for a big downward move in the stock market.¬† Last week, experts like¬†John Mauldin and Vitaly Katsenelson have forecasted that a downward move is coming for the current secular bear or sideways market.

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stock inflection points

Photo: JP Morgan Funds

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