On Friday we elected the Weekly Bullish Reversal at 38.40. Crude pulled back for two days marginally to try to retest the previous reversal at 32.40. We have now...
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...
The U.S. stock market closed more than 1.5% up on Wednesday after posting a three-day gain that was helped by some recovery in oil prices and encouraging...
The euro continues its fall and the likelihood of reaching 116 is starting to dwindle. Even the British Telegraph has come out and stated that the bail-in plan for...
Gold fell back to 1191 and then rallied back to the 1216 area. Gold appears to be setting up to extend the counter-trend reaction into the first week of March. With...
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...
