yes another wrong call by Armstrong.  saying that Taiwan topped.  It looks like it is going to break up to new highs.  The more bearish armstrong gets, the higher this market goes.

I have to admit that I have been brainwashed by Armstrongs content.   I still like some of his knowlege and calls... however he seems to have gone off the deep end with his conspiracy theories.

He kept insisting that we would retest the March lows and crash back down there....  then he said the nasdaq would only go half way down and not full retest....

then he says now that we may either go UP into 2022 or DOWN into 2022.   He cannot make up his mind.

His endless negative postings about the end of the world and Klaus schwab has affected me really bad..... some of it may be true, but he is starting to sound paranoid delusional.

This is what I am trying to figure out in the current market.  When we go for March retest and with what format or speed, or do we just keep going up

What I try to do is match my technical signals to possible outcomes and in some cases try to match them against what armstrong has been saying.

He has said we are in for the wildest volatility in 300 years.    I have to intrepret that to mean that the VIX will go back up all the way and take out its recod all time high.

He also said that Nasdaq will turn back down in June and that it could retest the low.

The question is... what type of price action will we get that tests the March low ?  with what speed, format or structure.


IF this entire rally has only been a counter trend rally, then one has to consider we could get a massive crash down that is fast and retest the March lows.  We just had a lunar eclipse this past weekend.  There was also one on October 7, 1987.  Right before a massive plunge down and crash.

There are a couple other eclipses this month and apparently we never had so many in one month in 2000 years.   We also have mercury retrograde June 18th....   The february and March crash was a mercury retrograde leg down.

I wish Armstrong would just go out and say it..... a CRASH.

on the monthly NDX100 chart versus RSI there is a CLASS C Bearish divergence.   That makes the case that we can see a massive crash down that has persistence and sustained down moves.

There was also a put buyer of $2 million in 255 July 3 SPY puts.

Daily level for DJIA says "possible critical high"


last but not least the US Dollar is showing a 2 month bullish crab pattern and looks set for a massive northward rally.  There is a very strong inverse correlation between sp500 and us dollar.

That might lead to a massive crash in sp500 if we see the US Dollar go into orbit.

IN summary we need to be prepared for the possibility that we see a massive 4 week crash down into end of JUNE.







Armstrong is still calling this a false rally and a retest of the march low is still in play, the timing may be off but this information is invaluable. most people have jumped back into the market thinking we are off to new highs.

oooops. markets are hitting new all time highs, but marty said we are in for 20% correction now....  the ecm date was a great call, but it may have only been a one week correction.... ooops

Well so far at least the opening of this week based on FUTURES looks like DOWN HARD to me.  So I have to tip my hat off to armstrong for this week, it looks like he is going to be right about this panic cycle week.  Need to give credit where credit is due, not many traders can say ahead of time or weeks ahead of time when a panic cycle WEEK is going to occur.

Well this market better tank down HARD next week or his entire reputation is on the line

That is the ultimate business model. If you are wrong, you are right,  and if you are right you are right... lols

Ok so the trade is hold long until Friday morning or afternoon, then switch and buy some puts for the panic cycle WEEK that Marty says starts week of January 20th

On the private blog

Someone asks if real estate , stocks and gold And bonds are all going DOWN  into at least first quarter 2021 and his answer is ......  YES .  

I guess on the assumption that we peak January 18 , 2020

Talk about a total meltdown ! He is posting like crazy on the private blog saying he can't sleep etc



And the culprit will be the repo crisis .  Armstrong going all on on this one !  Someone print this out and see if this prediction cones true!

Armstrong is really going "all in" on his hyping of the repo crisis and then issuing a report and stating that there will be "projected losses for institutions I have laid out will range from 40% to 60% of assets"

And then the "mother of all financial crisis"

And that it will make 2008 look like a walk in the park in comparision.

He definitely going all in with these statements.  But why? just to help sell his reports?  I think he has enough money already.  No need to push the envelope and hype just to sell more reports..

Hey guys I have to admit that I am totally confused as to exactly what armstrong is predicting next few years

He is on record as saying that the broad market will keep going much much higher because the money that comes out of bonds will have to go somewhere and that only place is equities

But then for the next 3 years he is saying bonds are going to totally crash worst since 1931

https://www.armstrongeconomics.com/international-news/rule-of-law/custodial-risk-in-new-york-city/

So you are saying equities will just keep cruising higher as bond markets default and collapse ?  In 1929 they sure didn't

But then he is also saying that the January 18th 2020 cycle turning point might INVERT and instead be a HIGH for equities

He also saying that the negative yielding debt is a time bomb that is going to explode worse than 2008.  2008 mortgage backed securities was a tiny fraction of what's coming

https://youtu.be/SYvE9L_KZ9w

So what exactly is the forecast from him. Totally confused

Well for spx500 I see armstrongs Socrates it is saying

For the daily "entering crash mode" and for the weekly "losing momentum"

Will be interesting to see if that plays out this week

I mean here we are in the most famous month for volatility or downside price potential

I have noticed that Armstrongs TIMING of his conferences are usually associated with big moves in the stock market.   So next week we may start to see a mini crash in the DJIA... it looks just like 1929 peak in October

armstrong saying a close in djia fo september below 26905 in order for it to retest the lows....

but we closed at 26917.....    a lousy 12 points,.... isnt there some wiggle room in this model ?

Armstrong has said now many many  many times that he sees no sign of a "major" crash in the stock market both in this public and private blog and in interviews all around the web.

So here we are between end of Sept and October when many crashes happen.

If we actually do get a crash I wonder what he will say ?



I guess it depends on what exact a 'major crash' is ?   10, 15, 20, 25, 35 % ?? in 10 days or less ??

So armstrong in his latest member blog post is offering a new 1500 per year subscription to track the DJIA which will include "video ongoing updates as needed for the next year".

And he saying that if August bar does not exceed July then a risk of a "decline into the fall"

Sounds like by him offering this new membership he is expecting a sharp move down in DJIA into 2020, and maybe this is the long talked about slingshot !!!  which would be the buy of the centurY ?

latest Armstrong interview:

https://youtu.be/AFrNf5VSfPs

SPX breaking new highs today.  Wait a second, Marty said no new highs until after January 2020.  He been saying that for months now. Oops.