Showing 123 Results for sling shot
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Showing 123 Results for sling shot
Search instead for sling shot
February 11, 2016
TIP #1: The number one reason people lose money is because their opinion moves with the trend. They see gold up and assume it will never end or the Dow down and the end of the world is here. This is part of the Slingshot Move. We must move to extremes in all markets and […]
February 9, 2016
The year 2015 was 13 years up from the 2002 low in the stock market following the DOT.COM bubble. That low was rather significant for many markets have yet to exceed that 2000 nominal high, such as in France. This has warned, as was the case in gold from 2011, that a correction became possible. […]
January 9, 2016
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 warns of lower lows here in 2016, but it does not imply $12. Typically, when you trade BELOW a Yearly Bearish like $35 and […]
January 8, 2016
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, waiting for everything to align. A closing today below 17785 will signal that this is not ready to breakout and a retest of support is […]
January 7, 2016
QUESTION: Marty; At the conference you stated that 2016 should be the major turning point in deflation. Do you still see this concluding for the first quarter? Thanks HG ANSWER: The monthly array in the Dow published back in July appears to be working on target. November was the reaction high where the Dow reached 17977.8 […]
January 7, 2016
The U.S. share market has fallen following the problems in China. We elected the Daily Bearish Reversal at the 16933 level and this warned of a test of the next important support zone. A daily closing below 15980 will warn that we may in fact penetrate last year’s low and pull off a slingshot move. […]
January 4, 2016
The ISM purchasing managers’ index for the manufacturing sector in December 2015 in the USA has plummeted to its lowest level since June of 2009. This warns that the U.S. economy is entering a recession that is in line with the forecast of the ECM and the rise in the dollar. However, keep in mind […]
January 1, 2016
As we close 2015 and begin a new year, the markets generally closed flat to neutral with a warning that as we approach the political year from hell (2017) that this is by no means going to be a walk through the park. We are more likely than not going to see some trends conclude […]
December 31, 2015
QUESTION : Mr. Armstrong, I’ve heard you refer to “the false move”, and have witnessed it myself. I know there is no conspiracy to ruin my day nor deter me from trading. I was just curious, what causes this? Thank you, H PS-Merry Christmas! ANSWER: The real energy within a market is always to trap the […]
December 19, 2015
QUESTION: Mr. Armstrong, at the conference you said the US share market would continue to move sideways and there will be no breakout to the upside until 2016. After Fridays action I assume this is still on target. Where is support this time? Curious ANSWER: The key support lies down at 16887. We need a weekly closing […]