Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
dibley8899
on 21/01/2020, 08:53:35 UTC
Well so far at least the opening of this week based on FUTURES looks like DOWN HARD to me.  So I have to tip my hat off to armstrong for this week, it looks like he is going to be right about this panic cycle week.  Need to give credit where credit is due, not many traders can say ahead of time or weeks ahead of time when a panic cycle WEEK is going to occur.

The markets are overbought short term and need to fill the gap below their recent up moves, add in divergences due to being stretched and that probably more importantly the Chinese are on holiday which knocks out a bunch of countries and they probably cashed out last Friday then you have the recipe to drop a bit.  Also the US holiday so you have a lack of buyers for momentum gives those happy bankers chance to wash out some speculators positions.

Hopefully you can see the difference for the reason they are down and not something to do with "Special" Marty. If what your saying is true then why did I miss a 2000points 1 month move in eurchf and currently still 4000points away from forecast target from 6 years ago.

Special Indeed........