Dow Jones Crash, in Countdown stage

First Wave Game

Markets are playing a first round game of pushing down rates, creating a huge bond bubble as  it tries to keep the other bubble, stocks in place.

This Bubble Break will be huge

It will include both stocks and bonds, Gold will be the only refuge. The dollar at the moment is holding down gold, but a new Brexit Referendum that is surely coming. will push the pound and Euro sharply higher, and the dollar down. For stocks, the first support level of substance is the February 2016 monthly high of 1970 on the S&P.

Watch the Fracture Chart

The fracture line is bouncing up against the 0.100 breakout line, the line it fractured on 12/18/18, right before the FED panic and the swoon of lower interest rates that followed.