@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765,
the market should decline into the the week of the 18th.
The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So should you short the market? Or should you just wait until something happens and then proclaim Martin was right again in hindsight? How does this verbiage even help traders make a definitive trade?
Martin proclaims the ECM is accurate to the date, but yet his forecasts are wishy washy with no definitive action to take and are written in a way to make him look right in hindsight.
If you think the above information is not helpful then you are not a trader. You can short the market against the next daily bullish reversal(24765) the array forecasts turning points and the reversals will determine the direction going into them. The array does not say whether the turning point will be a high or a low, that is why you have to use both the array and reversals together. Armstrong cannot foresee what reversal will be elected or not elected, what
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