The euro closed for June on the cash feed at 11095, which was just a hair under the May low of 11098. This is not a Reversal, but merely a technical indication of weakness. Support during July lies at the 10880-10810 area, and resistance begins at 11220 and 11440 with the major technical resistance way […]
Attorney General Loretta Lynch met privately with Bill Clinton on the tarmac in Phoenix. The claim is he just happened to see her plane and hopped on board to speak only about his grandchildren. In “The Forecaster,” Oliver Brown appeared who had been in charge of the law library in the New York prison. I […]
QUESTION: Mr. Armstrong; Have you ever met or advised Hillary Clinton? ANSWER: No. I was asked to meet with Bill when he was first elected in Arkansas after he invited hundreds of people for a dog and pony show. I declined. There is nothing I could advise Hillary on, for it is never about the country; […]
QUESTION: Marty; You do realize you correctly forecast the takeover boom and the reversal in trend in 1985 followed by the peak of Japan to the day and the fall of communism with your 1989.95 peak in the ECM. Then with 1998.55 you forecast the collapse of Russia and were named hedge fund manager of […]
COMMENT: The manipulations of S&P indicate that these clowns’ output should be printed on absorbent paper. The point is exactly that this company and its directors have changed their rating based on anticipated events, and, given on the exact day as the Tory party’s leaders are being chosen, precisely in order to increase pressure on Britain’s […]
COMMENT: Mr. Armstrong; I voted for remain. Contrary to the post of a very biased Brit, there is a “rift” and the person who arrogantly wrote to you clearly lives in another world. I have changed my mind and would vote to leave. What you simply wrote that Merkel made the decision on refugees by […]
The Global Market Watch (GMW) is only an advisory tool. It is not something to trade on by itself. It is merely a system designed to be an alert. We were articulating this in the verbiage under “Pattern Recognition,” but it led to more confusion since it can be opposite of other models simply because it is purely pattern based. […]
With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]
The “remain” crowd thinks this is all over in Britain because Boris Johnson will not seek the PM position in the Tories, and this appears to be setting up for Theresa May to take the PM position. One reader wrote a rather nasty comment: “Your supposed ‘revolt’ will never materialize, as the English themselves are quietly […]
