Martin Armstrong Discussion

[sidhujag]

my posts are being deleted so I will not even bother with roach and his counter factual claims of somehow saying PMs are a better form of money than crypto. Perhaps gold.bugs better off doing an NFT to get a cross of both worlds.. im helping a few do this. Atleast the smart ones see the light at the end of the tunnel.

Crypto is more easily exchanged at lower cost especially on the very smallest transaction size.    I dont see they must oppose each other, gold could back usage of money while crypto exists as a kind of casino chip currency.   They dont really oppose each other until people talking about keeping the casino chip in their pocket forever.   Gold obviously has the upper hand on the forever argument as its zero maintenance.

Speaking of gold, we might just see Armstrong's forecast of sub 1k gold in our lifetimes. Current major points include 1310, 1289, 1257, 1238, 1214, and 1141. Arrays shoring more volatility in the coming weeks, but overall it is bearish. Perhaps LEAP GLD puts on spikes can provide a simple and risk defined method of profiting from gold's decline.

I dont think we'll see sub 1000 now as we have already broken the multi year downtrend.   That would be a strange occurrence, to halt such a long chain of price falling each year.    Partly recover and then fall onto a new lower low.    Gold has no diminishment of circumstances to act that way, the case for gold has been the same every year of my life despite technology I really dont see it has been changed.   It stands relative to human nature, the ongoing instability of politics and the encroachment of economics and plain business by that weakening effect of centralised government.   Both BTC and gold have good reason now more then before to rise and to have greater utility in this period of dollar debt and any possible ending to that ever increasing load on the world reserves.

Gold's weakness is mainly due to a rising dollar. Other nations, which have taken on debt in dollars, weaken as the dollar rises as well (due to interest payments in a strengthening currency). As the dollar continues to rise, gold should continue to decline.

also because crypto is now here. Gold will always be secondary to crypto

[1714233078]

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[Thekees]

According to Armstrong's blog, a key date for the week is today, followed by Monday/Tuesday. This means that today should be the high. He said that this week presents the risk of the July high and we can retest support. Hang on to your hats!

That sucked, i guess the 18th was just minor turning point.  Marty still says a July high is possible but yesterday we closed above the daily downtrend with the next daily bullish reversal at 25403. According to the arrays this week should close lower making a intra week high, this week does have a lot of volatility so it could happen. At what point do can we know if there will be a retest of support or not, when it closes above the 25800 weekly he keeps mentioning or if this week closes lower than last weeks?

[sidhujag]

According to Armstrong's blog, a key date for the week is today, followed by Monday/Tuesday. This means that today should be the high. He said that this week presents the risk of the July high and we can retest support. Hang on to your hats!

That sucked, i guess the 18th was just minor turning point.  Marty still says a July high is possible but yesterday we closed above the daily downtrend with the next daily bullish reversal at 25403. According to the arrays this week should close lower making a intra week high, this week does have a lot of volatility so it could happen. At what point do can we know if there will be a retest of support or not, when it closes above the 25800 weekly he keeps mentioning or if this week closes lower than last weeks?

you should disregard anyone giving turning dates or times to the day.. its a fraud.. always look for longer term analysis which is combined with some sort of intuition either algorithmically or through experience that you cant buy. his previous calls that were short term always failed that ive seen.

[criptix]

Dat facebook megacrash.

[STT]

Gold's weakness is mainly due to a rising dollar. Other nations, which have taken on debt in dollars, weaken as the dollar rises as well (due to interest payments in a strengthening currency). As the dollar continues to rise, gold should continue to decline.

I agree on the Dollar index, it took its biggest fall for many years in the first months of this year but overall has recovered some in 2018.   Where as in 2017 the Dollar index peaked at year start and fell for the rest of the year, that greatly helped the story for Bitcoin and encouraging wider usage I think.

However the point I will disagree on is dollar continuing to rise long term.   If we measure dollar in the every day cost to a working man, prices are rising and dollar is becoming worth less.   The dollar index is measured relative to Yen, Euro and many currencies with large deficits and with money supply biased to debt.    If interest rates can rise above inflation the value of FIAT currencies does not continue to decline then Gold could see a greater pullback but I dont see this as a reasonable forecast right now.

All the major currencies to the dollar index are running fiscal deficits and also trading deficits in many cases, the difference being made up in both cases by the holding of debt.  The unwinding of this situation will result in the lower value of those currencies, that underlines the likely appreciation of gold or even Bitcoin which holds a fixed known supply.   The ongoing problem with Dollar and EURO is they are self biased to politics which is not productive, the lower growth results in greater debt most likely placed as an unfair burden on the entire country not just the areas failing.  My point is that the weakness is not seen in gold value, the softer of the two is the dollar standard hence gold price rises further

[Thekees]

He said the 18th was a high and Monday or Tuesday would be the low, on a daily timeframe. That did turn out to be correct. What I think he may be wrong on (we need to wait till Friday's close if it closes lower than last week) is the weekly timeframe where last week was supposed to be the high but the market ended up going higher unless I'm misinterpreting something. With today's new post, he says volatility turns up next week and choppiness in the coming weeks. 7/31 is the main target; I am thinking this can provide the final high for this month. (The 27th and 31st are 2 turning points on the daily level). 26620 is the Monthly Bullish Reversal. He says that, unless it is elected this month, the July high should be temporary. Weeks of 8/6 and 9/3 should see sharply higher volatility, he says. Also, for later on, "The Downtrend Line would now need to provide future support and if that unfolds for the balance of this quarter, then we may see the Dow simply run away to the upside." What I don't get is why his Weekly Bullish Reversal number was different than the one in ask-socrates.

It would be ideal if price could reach and then reject the 25800 level next week, as you said preferably the 31st, which is also a panic cycle. It does not look like the dow can reach the 26620 in 3 days so I am expecting the July high but im waiting till the 31st to get in.

Socrates posts all the reversals, minor, intermediate and major, it just does not differentiate. I have been drawing them in for few months now and sometimes a reversal will be elected and then Armstrong will comment after the fact about a minor reversal being elected. I don´t delete the levels but sometimes even if no new reversal has been elected socrates will change the reversal given. I don´t know if it has then generated a new one or something else happened that reduced the relevance of the first reversal. What did supprise me is that in the link you gave to the imgur article written by a reddit user , it says that when socrates changes the reversal numbers the old reversal numbers are invalidated. What I read from Armstrong website is that once in place reversals remain valid until elected.

BTW when then hell is the trader version coming out? I think its now 2.5 year delayed. He said there will be a form where some experienced user will help and answer questions instead of us trying figure it out on our own. Its kinda stupid the only place I can find to discuss his stuff is on a bitcoin forum, where are all the other users?

[realr0ach]

Its kinda stupid the only place I can find to discuss his stuff is on a bitcoin forum, where are all the other users?

Most people who aren't clueless know places like the US aren't capitalist, but are more like communism with a central bank administered by Jewish Marxists with markets entirely centrally controlled by the ESF.  If you know there is no sort of free market whatsoever, and everything is centrally controlled, it makes whatever Armstrong is babbling about complete bullshit.  Just like anyone who refuses to go near the Jewish question and touch upon just who the people are that are running these extortion rackets also full of shit.

[Thekees]

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.

[STT]

Most people who aren't clueless know places like the US aren't capitalist, but are more like communism with a central bank

Dont know about any one group in control, I dont especially doubt democracy but its true that capitalism is not really in operation while prices are so widely controlled.  A central bank of this nature was a stated objective of the initial communist USSR apparently, its related to a socialism type thinking more then competitive capitalism would not allow such fixing of interest rates and especially QE is not a product of a free system

[Gumbi]

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.

[Thekees]

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.

Haven´t 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.

[cdcjk]

I have not heard before about this particular man but it feels good that we are having so strong players on our side, when the biggest investors In The World are saying that cryptocurrency is not worthy to invest in...

[Vdh135]

What do these models mean for real estate prices in California? Will they continue to go up until 2017.9?

[Gumbi]

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.

Haven´t 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.

[Thekees]

Thanks Gumbi! very helpful.




Looks like there will be a cycle inversion for the Dow as it has just about touched the July high level. Maybe this will be the return to the run away market.

[Thekees]

The Dow has broken the so according to Martins last post this means we have a cycle inversion, lets see if it can elect the reversal at 258000, if so it will be the confirmation to go long.

I do have a question about the cycle inversion and how it works. Take for example a turning point that is a high close or an intraday high, does that mean that if price penetrates the high of this turning point candle there is a cycle inversion unfolding which will last till the next turning point? Is this how it works?

So for example the GBPUSD Turning points Gumbi posted were the key targets are, 7/30, 8/13, 9/3. Now since 7/30 was a bearish bar it should have been the low but now since the low has been penetrated price should continue lower until 8/13?

Also does electing a reversal or rejecting a reversal change the odds of a cycle inversion? A weekly bearish was elected on the turning point of 7/30 at 1.31010, price has continued to move lower and has penetrated the next reversal at 1.29830 so its another confirmation of a cycle inversion, I think.

Armstrong has talked about selling off a bullish reversal when there was a turning point in the array and price could not reach it. In WEC video on vimeo they explain this a little one of the speakers, a German guy says keeps saying things like, time was up so the market had to turn. So what I think he meant is that price couldn't reach and elect the next reversal before the major turning point so it had to go lower, but they don´t say much about cycle inversions.

What do you think?

Would be good to know if we can sort of anticipate these inversions.

 

[David bente]

Frankly, I think Germans will withdraw from the eurozone and let the euro collapse before they let Deutsche Bank collapse.

[Traxo]

Subject: You forgot Bitcoin, as it also broke up above downtrend after July 12

https://www.armstrongeconomics.com/future-forecasts/ecm/ecm-the-cycle-inversion/

You forgot Bitcoin. Bitcoin has also broken above the downtrend line same as for the US dollar and Canadian dollar.

This is yet another confirmation for you that Bitcoin is becoming a world reserve currency.

Continue to ignore this Martin at your peril.

Looks like there will be a cycle inversion for the Dow as it has just about touched the July high level. Maybe this will be the return to the run away market.

Looks like Martin’s SLINGSHOT is in play.

But Bitcoin was also the only other major asset that also broke up through downtrend line after July 12. Looks like Bitcoin will be mooning again into 2020/21 around the next halving.

[hv_]

Frankly, I think Germans will withdraw from the eurozone and let the euro collapse before they let Deutsche Bank collapse.

Germany does profit from a weak EUR. More than a fiat dept loss to banks is worth, and printing and dilluting helps finally to minimize fiat losses.

On the other side they will own half Greece and Italy in physical aspects...

[STT]

Italy and Greek bonds are not backed by physical assets and its possible both governments would block the large scale purchase of land and physical assets with FIAT currency.     This is a current problem for China with its large bond holdings, they have been blocked a few times on billion dollar level asset purchases.  Its not much use having currency when politics over rules its base use and undermines its worth long term

Frankly, I think Germans will withdraw from the eurozone and let the euro collapse before they let Deutsche Bank collapse.

Deutsche Bank is a private bank, why would government care especially unless that bank is also a backer of government debt perhaps and the bonds held would be sold into market by creditors and so raise national rates.   That avenue is a viable reason why I guess