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Using Reversals

S&P500 Futures QUESTION: Hi ! … In assessing a Sling Shot Move vs Phase Transition, you mentioned that “The key will be decided by the Monthly...

The Euro & 2017 — The Beginning of the End

The closing for the euro at 10869 provided the long-term Yearly Bearish Reversal that we have cited throughout the year: “We have Yearly Bearish Reversals at...

Crude Bullish or Bearish?

We had THREE Yearly Bearish Reversals in crude: the first was $41, the next $35 and $32, but then there was also $25. We achieved the first one but not $35. This...

Slingshot vs. Phase Transition – WHEN?

QUESTION: Marty, Thank you for the WEC. The more I reflect on my notes the more I begin to understand you really opened my eyes to see the world much differently....

Do the Reserves of a Nation Matter Anymore?

The goldbugs spun the tail that China was going to save them by making gold $50,000-$100,000 an ounce because money, in their minds, has to be tangible. However,...

Dow & the Trend For Now

Back on November 13, 2015, we reported: “The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit,...

Market Talk — January 8, 2016

As you would have expected, all eyes were on Shanghai as the stock market opened with no limit restrictions imposed. It was not to be the session from hell that...

Dow Correction November High

The high for November was 17977.8, not 17210.43. I quoted the low instead of the high. See, we humans do make mistakes. Socrates was correct. That is why people...

Looking for Sanity in an Insane World

Why has China become so important? Largely because global investors are in this transition mode and do not understand how or why the foundation of everything is...