So dow is at 28645 right now, so a high meaning what exactly? At what level should we look at, weekly, monthly or yearly? So if the price of dow closes around the same level as it is today, on the end week of the ECM, would that mean that it didnt elect the high so the requirement of shorting it would not be necessary, and the ECM would still be correct?
Problem is at what level do we define a highest weekly closing, I mean this is the first weekly closing in that year, 2020, do we also consider the year 2019 weekly closings?
@trulycoinednonymousCoder
"The forecast is that it will either go up or it will go down"
That is a complete misunderstanding by AnonymousCoder as I said in a previous post quite clearly.
"There can be no excuse that is impossible. If we see a high in line with the ECM the market has to go down or the ECM will be proven to be completely false."
He also cannot answer to the monthly bearish in his disaster reversal post specifically the Dow not including the 21600 monthly bearish reversal.
Oh ok, I see. Sorry about that. So how can I right now see and identify a high on that week if it occurs to evaluate what you say is correct. On that week of 2020.05, guess it is the 13'th January from that week to the end, from that ECM date, 0.05 x 365.
Yes exactly the week of the 13th, so the close of the 17th Jan will most likely produce the highest weekly closing with a drop thereafter.