The Panic Cycle for the week after the 21st's implies that it is possible to see another high above the 21st's, although not necessarily. In either case, it still looks like we should drop. How is everyone else playing this? I'm thinking monthly put options at least around 100 points out on SPX to be purchased on Monday. Shorter dated ones can be bought but you gotta remember the theta issue. Even so, cheap biweekly options can become much more than a tenbagger.
The high on Monday the 21st should be it since time is up. The panic cycle means it should move in both directions probably a reaction high on Monday the 28th and then down again. The SPX put sounds like a good trade. Regarding the skeptics just remember we need someone on the other side to trade against if you think its a good time to buy someone else has to think its a good time to sell. So we don't want everyone following this model. Armstrong cycles/model goes against what the government wants you to believe which is that they are in control and if Martin becomes too popular he may be targeted again by the deep state and then its all over. |
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We exceeded Friday's high on this Monday turning point. Therefore, I am thinking we go red tomorrow.
Come on Bikefront please at least do your homework before posting such nonsense. Armstrong clearly said for the close of Friday the 12th that a closing above 25044(which was a minor weekly bullish reversal) today should imply a bounce into Monday for 2 days and then back down. Yes I know but then he also said that Monday is a turning point. It didn't make a low. He also said "It we bounce and just exceed Friday's high, then the risk will be of a decline into the end of the week." Honestly, it would have been better if he had not even mentioned that part because it added ambiguity to the original forecast. I thought he might have been referring to declining for the rest of the week. Anyway, I think Wednesday is supposed to be the high for the week, because the Nasdaq and S and P 500 has them as turning points. Words can be tricky sometimes, I unfortunately thought the same thing. But I think in hindsight that new blog posts do not necessarily nullify old ones. I think for the Dow the resistance for Wednesday could be the the weekly bearish reversal we previously elected at 25754 |
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We exceeded Friday's high on this Monday turning point. Therefore, I am thinking we go red tomorrow.
Come on Bikefront please at least do your homework before posting such nonsense. Armstrong clearly said for the close of Friday the 12th that a closing above 25044(which was a minor weekly bullish reversal) today should imply a bounce into Monday for 2 days and then back down. |
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Got the Monday high. Tomorrow is a Panic Cycle so its possible that it can be a Tuesday intraday high. Looking for places to short
70% of the time a panic cycle is an outside reversal or capitulation 30% of the time a panic cycle is a fast one way move. The next level of resistance on the daily channel price targets for the Dow is at 26926 area which could be a good place to short the market. So far the daily array has been very accurate even though as Armstrong has said The Reversal System is the only game in town. If we exceed the September high we should move higher into year end. The trader service should come out this month or early November I am certain because Armstrong has said it is in the final stages and will be live well in advance of the WEC which is being held on November the 16th. |
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I wonder if using the strongest targets exclusively will yield superior results? I also see that, even if the arrays we're wrong, Armstrong's posts update as things go even before hand, which helps avoid some potentially wrong things. I acknowledge that, even without the February volatility call, many of his forecasts were correct this year in the volatility. For example, a Direction change in one of the weeks of June. The market had been sideways for a couple of weeks up till then, so it warned that the breakout would happen that time, which did. There's also a Euro forecast which can be a 'big trade', says Armstrong. I'll try and post that one later today so we can analyze it.
The higher the bars the higher the probability of success when using the array. I also don't think you should be posting things from Armstrong's PRIVATE blog we should have a forum just as soon as the trader service comes out. Regarding the big trade if the monthly reversal is elected you get a big GAP to the next reversal with no support in between and its as simple as that. |
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Has anyone tried to work out whats going to happen the next few months with gold, the pound and EURUSD? Armstrong posted the arrays of all three and I am hoping we can start a discussion about what everyones thoughts are on where price will go. Here is my a summary and what I think will happen. Gold elected a monthly bearish and august was a turning point with the next in November. For September there is a directional change, high volatility and a Panic cycle! so it looks like gold is in for a ride! Also, according to the weekly turning points Socrates sometimes posts, 03-09 and 17-09 are important turning points, (Iīm not sure if they are correct since they are provided sporadically) In any case im thinking maybe next week will be the low intra day or closing and then a big move up. Pound is similar, elected monthly bearish and august was a turning point with October likely the next one. September is also has a directional change, high volatility and again a panic cycle! Armtsrong wrote "When we look at the British pound, we also see a bounce and here the Monthly Bearish Reversal is 13027. A closing above this number today will also suggest that the pound should rally against the dollar into October". Price closed below this level so this implies there wont be a rally? will price just consolidate for now as the both the pound and the USD lose value? And lastly the EURUSD, august was also a turning point until ideally october, september also has a small panic cycle. Armsrong also wrote that a close above the bearish monthly reversal of 1.1550 would imply a rally because there was a monthly bullish at 1.1429 which we have now elected at 1.40-1.45% away so we may have a 1% rule in play. According to the weekly turning points 20-08 was one and the next is 03-09. The 20-08 turning point was spot on as highest close, this week made a intraday high and closed making nice bearish pin bar. So putting all this together I am expecting the EURUSD will move lower next week and atleast touching the elected bullish reversal at 1.1429 making a intraday or weekly low close and then turn back up the week of 10-09. I could of course be completely wrong  . any thoughts? I agree with everything except for the Gold turning point the one you are referring to was posted on the 20th August. This is the latest Gold Array(27th Aug) posted which points to 9/10 and not 9/3 as a turning point which lines up with the gold benchmark due the week of 9/10. "Centering on time using the Array, prospective Weekly targets on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 8/27, 9/3, 9/10, 9/17, 9/24, 10/8, 10/15, 10/22 and 10/29. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Despite everything, the primary targets are, 8/27, 9/10, 9/24, 10/15 and 10/29. The two main targets to pay attention to are Mon. Sep. 10, 2018 and Mon. Sep. 24, 2018. The strongest target in the Weekly array is the week of September 10th for a turning point ahead. It does appear we have a choppy period starting 8/27 until 9/24 with each target producing the opposite direction for that 5-week period. " "Our Benchmarks in the precious metals are reaching a convergence and are fixed for the weeks of 9/3 in silver followed by the gold target due the week of 9/10. Up to now, we were declining in this market since the last high was made the week of June 11th at 131300 for 9 weeks. We have been consolidating since the week of August 13th. " |
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Looking at the Array, the key Weekly targets on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/13, 8/27, 9/3, 9/10, 9/17, 9/24. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Notwithstanding, the most important targets are, 7/30, 8/27, 9/10 and 9/24. The two main targets to pay attention to are Mon. Jul. 30, 2018 and Mon. Aug. 27, 2018. The strongest target in the Weekly array is the week of August 27th for a turning point ahead. It does appear we have a choppy period starting 8/27 until 9/24 with each target producing the opposite direction for that 5-week period. There are Weekly Directional Change targets from 7/16 to 7/30 suggesting a choppy coiling period for 3 weeks.
That's what Socrates wrote by itself in the summary. I've never seen it do that before, very interesting. As it is, tomorrow (8/1) looks like a volatile period on the arrays.
I have also never seen them before on socrates. I saw it last night and they seemed to be there for all subscriptions I wanted to take a closer look today but they have since been removed. I did not see them for oil, gold, etc. Only for NASDAQ, Dow Jones, and SP500. It also mentioned the rare superposition thing which Armstrong wrote about recently. Socrates is stepping things up, it seems. Today is supposed to be a volatile day according to the arrays, by the way, and yesterday was an important target. Hoping we can fill the gap to the downside and follow through with more selling. I managed to get the weekly targets in gold and oil if you were interested. ( I have others If you need) Gold Nearest Futures The primary Weekly targets in the Array on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/6, 8/13, 8/20, 8/27, 9/3, 9/10, 9/24 and 10/1. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Nonetheless, the main targets are, 7/30, 8/13, 8/27, 9/10 and 10/1. The two main targets to pay attention to are Mon. Aug. 13, 2018 and Mon. Aug. 27, 2018. The strongest target in the Weekly array is the week of August 13th for a turning point ahead. It does appear we have a choppy period starting 7/30 until 9/10 with each target producing the opposite direction for that 7-week period. There are Weekly Directional Change targets from 7/23 to 7/30 warning of a potential choppy swing period for these few weeks. Crude Oil Futures The primary Weekly targets in the Array on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/27, 9/3, 9/17, 9/24. There is a likelihood of a decline moving into 7/30 with the opposite trend thereafter into the week of August 27th. The strongest target in the Weekly array is the week of July 30th for a turning point ahead. It does appear we have a choppy period starting 8/27 until 9/3 with each target producing the opposite direction for that 2-week period. We also see a choppy period between 9/17 until 9/24 with each target producing the opposite direction for that 2-week period. We have Weekly Directional Change targets due the weeks of 7/16, and 10/1. Regarding why the reversals tend to change so often I believe this quote from Armstrong should help. " Reversal points are generated each time a market or economic statistic produces a new isolated high or low, either on an intraday or closing basis. It has to be an isolated high or low, they are not generated if it was just an inside day. If you are making a new high, let's say for 7 days in a row, it will generate, assuming each day is the high it will generate a series of reversals, They will be negated if you make another new high the next day and then the next day, once that high is in place then they become permanent. They don't become permanent until you get the high or low." Regarding the Dow Jones daily array I thought today would be the low based on the array but it has inverted finding support at the 25086 level which was previous resistance. I think moving forward the week of 8/6 should produce a low since the July high should hold what are your thoughts moving forward on the daily and weekly array I think we are currently very close to resistance at 25520 and we probably move down into next week. I see. That makes sense. Next week does show high volatility and to be more specific, it looks like Monday is the turning point with the next couple of days afterwards showing high volatility and lower composites. So Wednesday can be a short term low. Thanks for the turning points, I guess it will be choppy for the next few weeks. Also what you said about the changing reversals makes sense to. I also saw this on the GBPUSD Socrates report. RARE SUPER POSITION EVENT We have actually elected four Weekly Bearish Reversals on the close and this suggests we should still press lower at this time. Havenīt seen a post like this before either. Gumbi, do you have the turning points for GBPUSD? I saw they were there but I dident save them because I thought the new turning points were a new permanent new feature of Socrates. Sure thing no problem. There was a RARE SUPER POSITION EVENT for the NASDAQ as well AS OF THE CLOSE OF Fri. Aug. 3 "We have actually elected four Weekly Bullish Reversals on the close and this implies we should still press higher at this moment. " British Pound Spot The key Weekly targets in time in the Array on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/6, 8/13, 8/20, 9/3, 9/10 and 10/1. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. All the same, the key targets are, 7/30, 8/13, 9/3 and 10/1. The two main targets to pay attention to are Mon. Jul. 30, 2018 and Mon. Aug. 13, 2018. The strongest target in the Weekly array is the week of July 30th for a turning point ahead. It does appear we have a choppy period starting 7/30 until 8/20 with each target producing the opposite direction for that 4-week period. We also see a choppy period between 9/3 until 9/10 with each target producing the opposite direction for that 2-week period. We have a Weekly Directional Change target due the week of 7/23. This also lines up with a Panic Cycle on this target so there could be an outside reversal or just a sharp move in one direction. When these two line up, sometimes the Panic Cycle can affect the next target. I think this month should produce a low with a turning point in September probably a high occurring the week of 9/3 in September based on the monthly and weekly arrays for the pound which hopefully you have. EUR/USD Centering on time using the Array, prospective Weekly targets on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/23, 7/30, 8/6, 8/13, 8/20, 8/27, 9/3, 9/10, 9/17, 9/24 and 10/1. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Despite everything, the primary targets are, 7/23, 8/6, 8/20, 9/3, 9/17 and 10/1. The two main targets to pay attention to are Mon. Jul. 23, 2018 and Mon. Aug. 6, 2018. The strongest target in the Weekly array is the week of July 23rd for a turning point ahead. We have a Weekly Directional Change target due the week of 7/16. This coincides with a turning point so in this case we can see at least an intraday event or a turning point based on the close. I think today is a great opportunity to short the Dow Jones as long as we do not exceed the July high and hopefully close below resistance on a closing basis at 25520. |
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Looking at the Array, the key Weekly targets on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/13, 8/27, 9/3, 9/10, 9/17, 9/24. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Notwithstanding, the most important targets are, 7/30, 8/27, 9/10 and 9/24. The two main targets to pay attention to are Mon. Jul. 30, 2018 and Mon. Aug. 27, 2018. The strongest target in the Weekly array is the week of August 27th for a turning point ahead. It does appear we have a choppy period starting 8/27 until 9/24 with each target producing the opposite direction for that 5-week period. There are Weekly Directional Change targets from 7/16 to 7/30 suggesting a choppy coiling period for 3 weeks.
That's what Socrates wrote by itself in the summary. I've never seen it do that before, very interesting. As it is, tomorrow (8/1) looks like a volatile period on the arrays.
I have also never seen them before on socrates. I saw it last night and they seemed to be there for all subscriptions I wanted to take a closer look today but they have since been removed. I did not see them for oil, gold, etc. Only for NASDAQ, Dow Jones, and SP500. It also mentioned the rare superposition thing which Armstrong wrote about recently. Socrates is stepping things up, it seems. Today is supposed to be a volatile day according to the arrays, by the way, and yesterday was an important target. Hoping we can fill the gap to the downside and follow through with more selling. I managed to get the weekly targets in gold and oil if you were interested. ( I have others If you need) Gold Nearest Futures The primary Weekly targets in the Array on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/6, 8/13, 8/20, 8/27, 9/3, 9/10, 9/24 and 10/1. Keep in mind that each target will normally produce the opposite event except during a Cycle Inversion, which is indicated when two targets produce the same type of event. Nonetheless, the main targets are, 7/30, 8/13, 8/27, 9/10 and 10/1. The two main targets to pay attention to are Mon. Aug. 13, 2018 and Mon. Aug. 27, 2018. The strongest target in the Weekly array is the week of August 13th for a turning point ahead. It does appear we have a choppy period starting 7/30 until 9/10 with each target producing the opposite direction for that 7-week period. There are Weekly Directional Change targets from 7/23 to 7/30 warning of a potential choppy swing period for these few weeks. Crude Oil Futures The primary Weekly targets in the Array on the Turning Point Model, defined as highs or lows on an intraday or closing basis, are the weeks of 7/30, 8/27, 9/3, 9/17, 9/24. There is a likelihood of a decline moving into 7/30 with the opposite trend thereafter into the week of August 27th. The strongest target in the Weekly array is the week of July 30th for a turning point ahead. It does appear we have a choppy period starting 8/27 until 9/3 with each target producing the opposite direction for that 2-week period. We also see a choppy period between 9/17 until 9/24 with each target producing the opposite direction for that 2-week period. We have Weekly Directional Change targets due the weeks of 7/16, and 10/1. Regarding why the reversals tend to change so often I believe this quote from Armstrong should help. " Reversal points are generated each time a market or economic statistic produces a new isolated high or low, either on an intraday or closing basis. It has to be an isolated high or low, they are not generated if it was just an inside day. If you are making a new high, let's say for 7 days in a row, it will generate, assuming each day is the high it will generate a series of reversals, They will be negated if you make another new high the next day and then the next day, once that high is in place then they become permanent. They don't become permanent until you get the high or low." Regarding the Dow Jones daily array I thought today would be the low based on the array but it has inverted finding support at the 25086 level which was previous resistance. I think moving forward the week of 8/6 should produce a low since the July high should hold what are your thoughts moving forward on the daily and weekly array I think we are currently very close to resistance at 25520 and we probably move down into next week. |
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