The leading story for the sell-off has been Wall Street’s shock by the mounting worries over instability in China and emerging markets. The tumultuous decline has sent investors clamoring to race into safe-haven assets amid the confusion. Why anyone missed this is really befuddling since China’s share market peaked in 2007 and the rally […]

“Wild” is an understatement to describe today’s equity market moves. Some say the Chinese are at fault for their unexpected move in currency, but whatever the reason for the increased volatility, you can be sure they will increase margin requirements, which will add to the volatility and further the decline in liquidity. All Asian equity […]

Our models show a gap in the Reversals, which is what you look for in a panic move. We warned, “A closing below 16680 would warn of a drop to the 15500 area.” This was the GAP. So far, the Dow fell to 15370.33 on our target for this week as the Panic Cycle. We ran our […]

A false move is measured from the high, not current time. Therefore, a FALSE MOVE would be two to three months from the May high in the Dow, which means an August low. That can be on a closing basis with an intraday in September and a rally for the close, or it is just an August […]

QUESTION: A false move? I don’t follow.. If as you say the European money that’s been buying US stocks is now heading back to Europe, who will be the new buyers of US stocks? ANSWER: A False Move is an event that must shake the tree to get everyone out of their longs, causing many to then short. […]

The first possible time target coming out of the 2009 low was 2015.75 for the Dow to reach a Phase Transition and then a crash and burn. We stated in 2011 that the market was off to new highs, and Barrons even covered that forecast more as a curiosity. We have constantly warned that the Phase Transition was not confirmed yet. Indeed, the Phase […]

QUESTION: Dear Mr. Armstrong, Thank you for all your writings. I may not understand them all, but certainly appreciate what you are doing to inform those of us you care what is happening in this world economy. Question: With the dow tanking, is this considered the FALSE move you wrote about previously. That in essence […]

The share markets collapsed and so far the May high looks to have been correct. The decline into this period is having the precise correlated response necessary to create the peak in government for this turn in the ECM – the final rush to quality. The S&P 500 cash previously elected just one Weekly Bearish […]

  The Dow has been dropping sharply ever since it elected the first two Weekly Bearish Reversals at 17732 and 17510. The next key Weekly Bearish Reversals to pay attention to today are 16910 and 16680. A closing below both would signal a sharp decline into next week; holding may warn of a temp low […]

Unquestionably, the overwhelming majority of “analysts” are predicting “a stock market crash for the fall of 2015”. Most predictions are centered on our target date, plus or minus a few days. We are in a period where the central banks are against the wall and are indeed defenseless against any market implosion. But are we […]