Bikefront Quote "I agree that the low was called near perfectly, and I traded that one, but remember that the call for a high in February was also made and it didn't pan out. "

 February was in fact a turning point because we did form a temporary high with a retest of support. Armstrong said on his private blog  on Thursday 28 Feb

 " As suspected, the Dow elected two Weekly Bullish Reversals last week which gave us the pop. We did not elect the 4th and the market pulled back to avoid the Monthly Bullish Reversal. This is all consistent with the view that we are still consolidating and February can remain as a temporary high with a retest of support. March appear volatile so be on guard for retest of the support"