Since its a quarterly bearish reversal it is a long term sell signal so the market can rally in the short term and that is exactly what happened...
What a nonsense! You can't even margin trade, AND you can't know WHEN you will profit of that signal then (and apparently not even how much profit you expect). Thus you are back to square one. Can you define "short-term" and "long-term"?
Again I ask you to provide clear terminology and quotations when trying to refute something. Anything else is waste of bandwidth and time.
"The election of a Reversal normally indicates that the expected high or low that should unfold could take place in as short a time span as 1 to 3 units of time, be it daily, weekly, monthly or
quarterly. Therefore, a low might develop the very next day following the election of a Daily Bearish Reversal or within the next few days. The same is true for all price activity levels."
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/ is a charlatan, and he spent 11 years in jail for a reason.
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