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Crash guru warns the Dow could plunge to 14,800 — a sign could come this week

March 14, 2017 by Michael Whitman

From Yahoo:

It’s already been a big year for the Dow industrials, which have stretched a near-decade-long bull market to historic heights.

But if the technical stars collide, as one chartist predicts, the blue-chip gauge could soon plunge by more than 6,000 points to 14,800. That’s nearly 30% lower, based on Monday’s close.

Sandy Jadeja, chief market strategist at Master Trading Strategies, claims several predicted stock market crashes to his name — all of them called days, or even weeks, in advance. (He told CNBC viewers, for example, that the August 2015 “Flash Crash” was coming 18 days before it hit.) He’s also made prescient calls on gold and crude oil.

And he’s extremely concerned about what this year could bring for investors.

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