The intraday high was established on January 6th in the Dow at 19.999.63. We elected a Daily Bearish Reversal the very next day, which warned that we are moving lower in a cautionary move leading into the inauguration. The rumors of boycotts to assassination attempts are abound. Many are worried that Trump will be killed before […]
The Dow made a new high on Friday, but we failed to closed above the 2016 high. We still see the next major resistance level in the 21000-23000 area. A Phase Transition is only likely exceeding that level. Gold has bounced but the resistance stands at 1197 level with support at 1130 zone. The lowest […]
Private Blog Update for Year-End Closing Dow – Euro – Gold
QUESTION: As a small retail investor, what would Marty suggest to invest in if in fact we break the 23000 level on the DOW and we do in fact get the phase transition that he is talking about? Furthermore, what would he use to profit from it? Shares in particular stocks, futures contracts or options in […]
All that matters is what you believe. Despite all the leftist protests yelling Trump is not their president, University of Michigan, which tracks consumer confidence, has reported that we have reached a new 13 year high. If we remove California, Trump won the popular vote in the Nation. The consumer sentiment index reached a record high […]
We are pushing up against the next resistance level. We need to close above 19970 to imply we will break through the 20k level. It does not yet appear to be ready to burst through the 21K level. Nevertheless, the next main target is still in the 23k level. That is what we have to […]
The 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 […]
