⭐ Merited by Traxo (3)
oooops. markets are hitting new all time highs, but marty said we are in for 20% correction now.... the ecm date was a great call, but it may have only been a one week correction.... ooops
Visualization:
Sources:
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/special-update-this-weekend-for-pro-level-on-socrates/
Quote
Posted Jan 16, 2020 by Martin Armstrong
As we have reached the turning point for the conclusion of this 8.6-year wave, there is so much going on even politically it is mind-blowing. Everything from Impeachment of Trump which may bring a surprise, European army, constitutional change in Russia, riots in Iran, a new record high in the US share market, the bounce in gold, to so many other aspects, not the least of which may be the end of negative interest rates, the field is so crowded because this is indeed a very important turning point.
As we have reached the turning point for the conclusion of this 8.6-year wave, there is so much going on even politically it is mind-blowing. Everything from Impeachment of Trump which may bring a surprise, European army, constitutional change in Russia, riots in Iran, a new record high in the US share market, the bounce in gold, to so many other aspects, not the least of which may be the end of negative interest rates, the field is so crowded because this is indeed a very important turning point.
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/ecm-day-is-here/
Quote
Posted Jan 18, 2020 by Martin Armstrong
The questions we must now address are has the stock market reached a temporary high? Will we face the abolishment of money in favor of electronic to prevent bank runs? Will governments seize cryptocurrencies and force the money to be transferred to their own cryptocurrency?
Will climate now turn bittering cold as the next solar cycle which also begins here in 2020 results in food shortages and a rise in commodities?
The questions we must now address are has the stock market reached a temporary high? Will we face the abolishment of money in favor of electronic to prevent bank runs? Will governments seize cryptocurrencies and force the money to be transferred to their own cryptocurrency?
Will climate now turn bittering cold as the next solar cycle which also begins here in 2020 results in food shortages and a rise in commodities?
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/the-dow-the-economic-confidence-model/
Quote
Posted Feb 2, 2020 by Martin Armstrong
COMMENT: Marty, I have to laugh. Only those who have followed you more 20 years understand you have discovered the hidden order behind the facade. Fantastic call on this turn in the ECM. Once again to the very day in the Dow. And people do not think your model is real? They must be idiots who also worship Greta.
All the best
CR
REPLY: I know. They cannot get their head around the fact that the Economic Confidence Model has pinpointed so many events in markets to geopolitical events to the very day. This proves BEYOND a shadow of a doubt that there is a hidden order behind the chaos.
COMMENT: Marty, I have to laugh. Only those who have followed you more 20 years understand you have discovered the hidden order behind the facade. Fantastic call on this turn in the ECM. Once again to the very day in the Dow. And people do not think your model is real? They must be idiots who also worship Greta.
All the best
CR
REPLY: I know. They cannot get their head around the fact that the Economic Confidence Model has pinpointed so many events in markets to geopolitical events to the very day. This proves BEYOND a shadow of a doubt that there is a hidden order behind the chaos.
BUT on the 2nd Feb on his private blog: "we did close the week below the 28,375 level, which implies we do have a correction in progress"