All posts in " Dow Jones "
Markets – When the Dust Settles
November 9, 2016The Euro soared to 113 and then crashed and burned to the 109 level. The Dow exceeded yesterday’s high but has not penetrated the previous day’s low. Gold had its reaction up to 1340 and fell back under 1300. Let’s get this much straight. Our computer is NOT showing a major change in trend because […]
Dow Jones With A Trump Victory
November 9, 2016Our computer projected a reaction rather than a change in trend. In the Dow Jones Industrial cash Index, the major support lies down at 17330 area. The technical support lies at 17283 for next week as well. Many will expect the reaction to a Trump victory to be the same as BREXIT. Our computer is […]
The Markets Heading into Election
November 4, 2016As we move into the elections and the polls narrow with Trump gaining, the power that be will try to push the US share market down to create the image that a Trump victory will be devastating just as they did in Britain. The number to watch in the Dow for today’s closing is 17713. […]
Stock Market Crash & Gold Rally?
November 2, 2016QUESTION: Mr. Armstrong; So many people keep calling for a stock market crash. At the same time, it has hung on to the 18000 level in the Dow for dear life. Do you see such a devastating crash as even possible? PJ ANSWER: No possible way. Retail participation is at near record lows. It has […]
Dow Looking Forward for Week of 10/17/2016
October 17, 2016Apparently, there are a lot of people calling for a crash in the stock market as usual claiming it looks just like 1987. Sorry, there is nothing of that magnitude showing up at this time. We did elect one Weekly Bearish Reversal back at 18368. However, the main bank of support lies at 17710 followed […]
Private Blog Update for the Closing of September
September 28, 2016Private Blog Update for the Closing of September Dow & Gold
Can the Dow Crash with Little Retail Participation?
September 18, 2016QUESTION: Hi Martin, thank you for your great work with Socrates and especially for presenting the Indicators for us whom are still outside of the Trader Level. I have some question about the recent sell off in the DOW. True, it was really time for a correction/drop. But the retail investors are still […]
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