MA now says we could make new highs and rally further into 2022 as soon as the DOW takes out last Friday's high.
Always waiting on the sidelines for the next move. If we go up further he could just say that the trust in banks has become so low that people are forced into the stock market.
Source?
He has access to the Private Blog for a while.
But oh, first he says the shit is going down into the ECM 2020 "business cycle low", then Armstrong claims it will do the opposite after the ECM 2020 turning point ("correcting 20% into Q1 2021"), then calls the high this week, and now suddenly further upside into 2022 if the high on the Dow is taking out this week? This guy is more confusing than the whole Trade War we had. He's even more reactive than a first time trader. Of course, Marty will claim he was right by playing both sides every time he feels like. Depends on which schizophrenic personality is in control at that time I guess...
Yes, I have access. I just wanted to know what he would say now around this "important" ECM date.
And I always try to look at it with an open mind. No matter if he was wrong in the past on reversals, could he be right on an ECM turning?
If he would have claimed a big high last Friday in the DOW untill Q1/Q2 2021, and if that happens, then that would be a big call as we have been rallying non stop for years.
But now what he says is basically that if we go down - we go down, and if we go up - we go up.
So the reversals and array's are not working (as showed on this blog) and now also his ECM turning can go both ways.