Stocks Will Rally to a Major Top

Posted by SafeHaven via Peter Grandich

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We believe stocks are making a final rally to a major top, a top for the centuries, and a Grand Supercycle degree Bear Market will start upon this rally’s completion. There is a Jaws of Death pattern in stocks that has been forming for two decades. It is very close to completion, needing one more rally, a strong rally, that takes prices to the top of the pattern’s upper boundary. Then, after reaching that height, a Bear Market for the ages will begin, something that will be greater than the Bear Market of 2007 to 2009, and greater than the Great Depression of the 1930’s. Below we show this Jaws of Death stock market pattern.

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