These Top Market Barometers Are All Pointing to the Same Thing…

13 | By Shah Gilani

I don’t like to say “I told you so,” but…

In the summer of 2008, I told my hedge fund clients to sell everything ahead of the greatest economic crisis since the Great Depression.

And on March 27, 2009, I predicted in a front-page article the “oncoming and unexpected bull stampede” before one of the longest bull markets in history.

And in December 2015, in front of a national TV audience, I told viewers to “sell everything in January” before the markets lost an estimated $8 trillion in the worst start to a new year ever.

Now, I’m going to tell you something else, so listen up.

I’m watching three crucial “barometers” right now, and they’re giving me a clear picture of the economy’s immediate future. And it’s not good.

Here’s what’s coming…

This Is the Dow’s “Magic” Number

2 | By Wall Street Insights and Indictments Staff

The Dow’s fallen roughly 1,000 points so far in 2016. Will it drop another 1,000? Will we get the full 20% correction that Shah’s been predicting?

According to Shah, the Dow has to stabilize and consolidate at 16,500 – that’s the magic number right now.

If it doesn’t, things are going to get much worse before they get better…

Shah also weighed in on Chipotle Mexican Grill Inc. (NYSE:CMG), which just posted the worst quarterly numbers in its history. The stock opened at $459.11, down from its high of $758 per share in August 2015.

So is it time to buy? Or does the stock have farther to fall?

Click here for the full video.

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