Today will be the close for the week and this will be an important indicator. A closing in gold below 1237.50 will warn of weakness. We have important technical...
While the markets have cheered the public admission that the central banks have completely failed in their quantitative easing and they will now buy more for...
QUESTION: Hi Mr. Armstrong, Some of your readers, me included, wonder how the Dow is going to get to 23,000 or more, especially as we go through an economic...
We did not elect any bullish reversals. March remains our Directional Change target and the Dow could not close above 16934 for February. Looking ahead, we see the...
The markets have been churning back and forth. The trading range for key support and resistance in the Dow resides at 17406 and 16215. A closing outside that range...
QUESTION: Mr. Armstrong, since the S&P did break last year’s low, does that qualify for a slingshot if the Dow does not? Thank You for all you do GW...
Last week we had a Panic Cycle in gold and a Directional Change. Both performed on target. As we have stated previously, the Directional Change can be, by...
We have two Weekly Bearish Reversals in play today. The first is a key level at 15994 and the second is short-term at 15942. Certainly, a closing beneath both will...
Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in...
