Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
DigiLab
on 26/04/2019, 23:34:31 UTC
@bikefront
"If the candle has a lot of volume but not a lot of price movement, this implies a reversal, as it necessarily means that the opposite position is being taken. Think about it. If a stock declines by 0.10% and has a volume of 10,000, but later has a decline of the 0.09% and a volume of 20,000 in that candle, this means there was more buyer mixed in than before. More big boys are entering. This can be seen on all timeframes, but it is super easy to see on the 5 min candle."
Golden, Thank You.

@trulycoined
Thank You for sharing MA private blog, golden as well. Now, hmmm?? Directional change can be within the trend (bull taking it higher, bear taking it lower). I'm not really following DOW in details, but one thing is certain, lots of volatility. One to assume that would come from the chaos which awaits in front. Looking at the bigger picture (US economy only one performing, e.g. today's GDP), there is no real other place for the money to go, as per Armstrong.
He says "between now and the next Monetary Crisis Cycle.", which means USD higher. So, money will go to USD, will go to DOW, even to US Treasuries, and when SHTF, Gold.