Revisting the recent ECM turning point. I have plotted out the ECM turning points using the red bullseye. That alone was close to the recent top. Thos that are calling BS on Armstrong, i think the longer term forecasts are better than the near term. Yes, some errors in commentary and with the arrays but this is helpful nonetheless. Also, add in the declining energy recently and failure to elect bullish reversals near the high was a clear sign to short. I did not take the trade as I am waiting for a low to form as early as June or maybe July. The next ECM turning point is in Jan 2020 at which point I believe gold will bottom and US equities will break out to new highs. Curious how others see the arrays and ECM turning points at this point in time?
Thanks