Showing 123 Results for sling shot
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Showing 123 Results for sling shot
Search instead for sling shot
November 7, 2015
The Dow has been electing Daily Bullish Reversals since the start of October. Given the fact that the DAX did break last year’s low on the ECM target and turned up, we may be looking at the breakout to the upside next year for the phase transition. Our original forecast for the peak in share […]
November 3, 2015
Yes, there were ONLY two possible patterns (instead of countless): (1) the slingshot where you penetrate the previous year’s low and then blast to new highs, or (2) you base until the Gold Benchmarks and then enter the Phase Transition. Either way, new highs were ahead. There was no indication of a crash to some 50% to 90% […]
November 2, 2015
The Dow closed neutral on our indicators for the month-end of October. We have held support below and bumping against resistance. There are only two possible patterns: (1) a slingshot move that penetrates last year’s low and swings to new highs in a blast to the upside, or (2) we simply base and then enter […]
October 16, 2015
The Dow held the 15500 number on the Weekly level and then held 16280 level. Our models warn that a slingshot becomes possible taking out the August low. On the upside, we still have the major resistance at 17760 and it will take a weekly closing above that level to suggest a breakout back to […]
October 15, 2015
QUESTION: Mr. Armstrong; I have been in the industry for more than 30 years. There is nobody who has called the shots better than you and your numbers are absolutely amazing. You said the ECM should make at least a temporary low in the Dow and that it did. It bottomed the day before which […]
October 11, 2015
COMMENT #1: I have watched the plagiarism going on around your work where people are clearly stealing everything from you and then claiming to have the same track record and then trying to cover it up claiming they use Dewey and Kondratiff yet attempt to come up with a specific date as your model […]
October 2, 2015
The jobs number came in sharply lower than expected. U.S. employers have not been hiring over the last two months and wages fell in September. With the 2015.75 turning point, we should begin to see declining economic numbers; a closing on the Dow below 15970 today will warn of a retest of the August low. […]
September 24, 2015
The Global Market Watch picked the May high and the August 24 low in the U.S. share market. It is warning that we may have a temporary high in 2015. If we penetrate the August 24 low, then we may indeed fall to the 13000-14000 area leading to a slingshot move back to new highs. […]
September 23, 2015
Whenever I warn of anything using the word “CRASH”, the newspapers immediately report it as a forecast for a crash in the stock market. This demonstrates that there is no consideration that government can also crash and burn — the perfect example of 100% confidence. Yes, if this week simply closes on the Dow below 16280, then […]
September 1, 2015
The failure of the Dow to close above 17007 confirms that we are not yet ready to take off to the upside. We needed a closing ABOVE 17007 to firm up the market to state definitively that the August low will hold and new highs are ahead. We needed a minimum closing ABOVE 16632 to firm up short-term support. The […]