But if the technical stars collide, as one chartist predicts, the blue-chip gauge could soon plunge by more than 6, points to 14, Sandy Jadeja, chief market strategist at Master Trading Strategiesclaims several predicted stock market crashes to his name — all of them called days, or even weeks, in advance.

Timelines are at the heart of his predictions, which he bases on repeating cycles in the market that are connected to specific times. He sees as littered with pitfalls for the Dow DJIA, The chart shows how the DJIA is edging ever closer to that higher green line and his target range.

Once it hits that level, investors need to look for a weekly fall in the index, according to Jadeja, and then do something specific:. You have to wait for a break of the low of that weekly bar, and put a stop above the high. One level down would take the DJIA to 18, while moving two full levels lower would bring it to the aforementioned 14, level.

These green lines are based on units of time and move forward step by step.

Wall Street Crash of - Wikipedia

Jadeja is a frequent subject of media interviews and counts Robert Kiyosaki as a fan. He suggests visualizing a trip to a 7-Eleven: Then a lunchtime rush, then late-afternoon rush, then evening rush. So when and how did that method pay off for Jadeja? On July 31,the chart specialist went on CNBC and warned of a major volatile move to come between Aug.

He also flagged another period to be careful of — Sept. He then went back on CNBC on Aug. A nearly point plunge hit the Dow industrials on Sept.

That was the date that the Dow began to tumble, shaving 1, points over 11 trading days. Again, Jadeja said those moves were the stock market plunge by looking at repeating cycles. This chart shows market movements, which happen in aftermarket stock price infra those big blue bands.

The technical strategist said investors can use forex jkl system to trade any instrument they like, as long as they can go short such as with a futures contract, or bearish put options on an index or short exchange-traded funds.

A put option is a type of derivative that confers an owner the right to sell an asset high probability forex breakout trades an agreed upon price and date.

Stocks are in the midst of a seven-year cycle that only comes around every 84 years, according to the chartist. Check out that year chart here on Business Insider.

Stock market crash - Wikipedia

Barbara Kollmeyer is an editor for MarketWatch in Madrid. Follow her on Twitter bkollmeyer.

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My MarketWatch Watchlist Alerts Games Log In. Crash guru warns the Dow could plunge to 14, — a sign could come this week. By Barbara Kollmeyer Markets reporter. More analysis on the stock market: We Want to Hear from You Join the conversation Comment. MarketWatch Site Index Topics Help Feedback Newsroom Roster Media Archive Premium Products Mobile. Dow Jones Network WSJ.

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