The week of the 27th was a low on a closing basis, we should now rally into the week of the 11th which is also a directional change so we can make a intraday high and then turn down.. week of the 18th is a panic cycle. There is no panic cycle this month, but we do have a Turning point in June.

Directional changes usually indicate a change in direction but can also be a fast one way move.
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Hello Gumby

I am not very fluent in Armstrongese. What I'm getting from the above is that Armstrong is saying the most likely scenario is we
go up into next week and then turn down. (as stated). Can you clarify "week of 18th is a panic cycle. There is no panic cycle this month,
but we do have a Turning point in June"

So the week of 18th is a panic cycle week but the month of May is not a panic cycle month??