Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


DOW & The Decline

Share

Lobo
Moderator
Moderator

Posts : 17900
Thanked : 879
Join date : 2013-01-12

DOW & The Decline

Post by Lobo on Thu 07 Jan 2016, 3:00 pm

DOW & The Decline



Posted on January 7, 2016 by Martin Armstrong


The US share market has fallen following the problems in China. We elected the Daily Bearish Reversal at 16933 level and this warned of a test of the next important support zone. A daily closing below 15980 will warn that we may in fact penetrate last year’s low and pull off a Sling-Shot Move.  We previously warned: “We have initial support forming at the 16886 level and a weekly closing below that will confirm a continued decline. Our daily models warn of important support starting at 16930.”
Our Panic Cycles began to turn up this week moving into next week. If we penetrate last year’s low of 15370, then we may see a drop to retest the major support area in the 12875-13100 area. We should break the market FIRST and this appears to be setting up for the extension beyond 2017. A monthly closing below 16013 will signal the market should crack and then we will be set this up for a really wild rise.

This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.

    Current date/time is Mon 05 Dec 2016, 8:56 pm