Quote from: Gumbi on July 06, 2019, 05:57:44 PM

Quote from: DanB1 on July 06, 2019, 07:12:30 AM

Quote from: Gumbi on July 05, 2019, 09:59:51 PM

DanB1 a live trade as promised I have entered a short position on the Dow at 26900 looking to exit around the 26550 area

Please allow for private messages to be sent to you

Okay, thanks. Thought you were gone:)

So, entered the trade because a bullish reversal was not elected? Or a bearish was elected? Or the array's showed a turning point?
Can you please you explain? The thing is that it's not about this specific trade. It's about showing that you can trade according to the reversals and arrays and that it works and it's a repeatable process.

If you can let us know here on the blog.
Looking forward to it!

We failed to elect a key weekly bullish reversal but the main reason for the entry is because Armstrong has stuck his neck out here and said we needed to close this week above 26951.82 to imply a further advance. Also the 1st of July has been a turning point with the next showing up as the 8th and normally one turning point is followed by the opposite event on the next, on the energy model we are seeing the market making new intraday highs while the energy models are declining which indicates this rally is not sustainable. On the weekly energy model we are seeing the energy peak before the price high which indicates we may be forming a temporary high. The energy model is very important to understand and helps you to identify when the market is over-bought or over-sold.

Th exit point is the most immediate daily bearish reversal which lies at 26536.32 but we have crash mode technical support at 26617 which may also offer support.

@Gumbi, someone with the Pro subscription told me that Socrates did NOT say that there were turning points on July 1st, and July 8th. Please provide proof. Both days are in the PAST, and so there is no harm of providing such.

Then, the great Armstrong's or Socrate's turning points are NOT turning. The following are DIA (with 5th column as the daily closing price) from Yahoo:

Jul 09, 2019   266.72   268.12   266.69   267.87   267.87   1,395,691
Jul 08, 2019   267.90   268.43   267.47   268.06   268.06   1,423,400
Jul 05, 2019   268.71   269.48   267.32   269.27   269.27   2,157,000
Jul 03, 2019   268.34   269.60   268.28   269.56   269.56   1,262,900
Jul 02, 2019   266.84   267.73   266.14   267.66   267.66   2,775,300
Jul 01, 2019   268.45   268.75   266.00   266.97   266.97   3,970,200
Jun 28, 2019   265.94   266.26   265.07   265.85   265.85   2,176,200

July 1st 2019 is NOT a local minimum, nor a local maximum, or rather the usual definition of TURNING POINT.

So let's see if July 9th 2019 is a turning point tomorrow. It will be one if market close up tomorrow. If July 9th 2019 becomes a turning point, Armstrong has a record of 1 hit out of 2. That is 50% chance of getting it right. I can flip a coin for that.

Sorry, I needed to re-edit my post. It should have been July 8th as a turning point according to Gumbi/Armstrong. And again, July 8th was NOT a local minimum, nor a local maximum.

So Armstrong/Socrates has a record of ZERO out of 2.

I have checked Armstrong's timing array MANY times, and it simply does NOT WORK.