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 […]

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 […]

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 […]

  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 […]

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. […]

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. […]

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 […]

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 […]

The DOW recovered for the close of August, holding key support and last year’s low. Make no mistake about it, we now need to hold last week’s low in order to see the Dow continue to advance into 2017. A breach of that low will warn of a slingshot type move setting up. That would […]

QUESTION: Marty; This is what you explained at the last WEC. The risk of a false move on the yearly level. Correct? ANSWER: Yes, it is always fractal. A Yearly False Move is rare, and it becomes the biggest possible slingshot to the upside. The Dow made a Yearly FALSE MOVE on a number of occasions. For […]