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16680 Clarification in Dow
Posted on August 24, 2015 by Martin Armstrong
That is a Monthly Bearish at 16680, not a Daily. Penetrating that intraday merely meant we were blowing through to the main Monthly Bearish Reversal lying at the 15550. So a daily closing below that number today has no impact. On our model, this is like the 1987 Crash moving to the same points within relative space and time.
This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.
http://www.armstrongeconomics.com/archives/36444
Posted on August 24, 2015 by Martin Armstrong
That is a Monthly Bearish at 16680, not a Daily. Penetrating that intraday merely meant we were blowing through to the main Monthly Bearish Reversal lying at the 15550. So a daily closing below that number today has no impact. On our model, this is like the 1987 Crash moving to the same points within relative space and time.
This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.
http://www.armstrongeconomics.com/archives/36444
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