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Ah yes another MA prediction has fallen short. 2019 was a consolidation year... No new highs, no lower lows. Yet here we are - all-time highs across the board.
Could you please provide the URL where Martin Armstrong predicted this. Many thanks. I also see that the CAC-40 French stock market has a new high. He predicted a turning point recently, see
https://www.armstrongeconomics.com/future-forecasts/forecasting-turning-points/but I haven't found the original message where he predicted that this would be THE high as I remember.
He's been calling it for most of this year so a dig through blog posts will uncover numerous comments.
A selection is below from the posts that I received while having the Pro subscription so not all links may be publicly accessible.
1st April 2019 The Share Market Outloo (Yes - Outloo - that was his typo)
While we DO NOT yet see new highs unfolding above 2018 until we enter 2020, what does emerge here is that we appear to be building a much high base during this period of a downward cycle.
https://ask-socrates.com/Blog/Article/5ca180547bc98d092c1efdad2nd April 2019 The Dow - Euro - Capital FlowsWe can see that our Energy models on the Weekly Level continue to make new record high even though the Dow has not made new high above that of 2018. This model alone is confirming we are going to make new historical high beyond 2020
https://ask-socrates.com/Blog/Article/5ca2c76e1dd9531104b93d3014th May 2019 Dow for May 14, 2019That this is still a consolidation period and it is not likely to change until we enter 2020.
https://ask-socrates.com/Blog/Article/5cdaaead1dd95316c8c07acb15th May 2019 Dow for May 15th, 2019Once more, we do not yet see a major correction of 40% as most seem to be calling. We are consolidating ideally for 2 years from the 2018 high into 2020 before any breakout unfolds.
https://ask-socrates.com/Blog/Article/5cdbb8de7bc98d0e00ad55876th June 2019 The Dow into JulyOnce again, we do not see a breakout to the upside until the ECM turns and likewise, we do not see a major crash.
https://ask-socrates.com/Blog/Article/5cf922077bc98d1474efd2d0