Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Strike Eagle 26
on 18/04/2019, 13:20:31 UTC
Thank for quick reply.

I posted a link to a document from
https://www.armstrongeconomics.com/models/
Models & Methodologies Second Edition (recommended)


Can you be more specific with a text quote?

I checked https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/
and I don't see how is reversal election implying high or low.

Its right at the end...

"The election of a Reversal normally indicates that the expected high or low that should unfold could take place in as short a time span as 1 to 3 units of time, be it daily, weekly, monthly or quarterly. Therefore, a low might develop the very next day following the election of a Daily Bearish Reversal or within the next few days. The same is true for all price activity levels."
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/

in the Models & Methodologies Second Edition (recommended) pdf its on page 28. "The election of a reversal normally indicated that the expected high or low that should
unfold could take place in as short a time span as 1 to 3 units of time (i.e. daily, weekly,
monthly, or quarterly).