Phase Transition v Plateau Move

QUESTION: Martin,
I am looking forward to attending the WEC next week in Orlando.
I have a question about the ECM, stock market alignment, and a phase transition.
I noticed that in a blog in 2014 you noted that a phase transition is usually 52 to 59 weeks. I also noted that the U.S. stock market was out of alignment with the ECM for 3 segments, up until last October 2016, when it took off, finally re-aligning with the ECM.
I am wondering if, with the ECM turning down on 11/24-11/15/17, if the U.S. stock market could potentially follow the ECM down into 2020?
Was the last 52 weeks the phase transition you were looking for?
I know you have been forecasting much higher highs than 23,700. Does the (ultimate) phase transition need to occur 2018-2020 or could it be delayed?
Many thanks for all you do.
BT

ANSWER: We have most likely extended the entire process when we passed the 97-month mark last April. The entire Roaring ’20s was only a 97-month bull market.  That means we can move to the second type of Vertical Market which I call the Plateau Move. This is dealt with in detail in the report on How to Trade a Vertical Market. We will also be focusing on this at the WEC.

Latest Posts

North Korea and Russia Join Forces

If there is one country that the West and Japan fear more than Russia, it is North Korea. Dictator Kim Jong-Un repeatedly threatens nuclear warfare, but that is his last [...]
Read more

Will Macron Start War to Retain Power?

The Rassemblement National (RN), which the press calls the far-right in France, has become the ant-war party with hopes of displacing Macron as prime minister after France’s upcoming parliamentary. In [...]
Read more