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


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

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


Neno

I can be reached by phone or text 8am-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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    DOW & The Decline

    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

    DOW & The Decline Empty DOW & The Decline

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

    DOW & The Decline



    Posted on January 7, 2016 by Martin Armstrong

    DOW & The Decline DJIND-D-1-6-2016
    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 Thu 28 Mar 2024, 6:23 am