August 7th – ECM

2011-Post

The August 7th turning point is starting to be picked up on our weekly models in many markets. The bounce so far out of the week of 5/20 is flat so far. This tends to warn what will not bounce reverses hard. So we may still be looking at new lows in the metals for June and new highs in the Dow as European politicians still are doing everything possible but look in the mirror. These people are destroying Western Civilization with their old ideas that no longer apply.

As we move closer, we will update on these markets as they begin to line up like duckling following their mother.