Allegedly the monetary crisis will begin next year? When is the target 38,000-42,000 be hit per Armstrong? What does he expect after hitting this third target (38,000-42,000)?
Thanks in Advance!
I don't know when Armstrong thinks the dow will hit 40k or so, but I think his next major pi cycle date in 2020 would be likely. I have done some work on my oscillator showing a likely peak then. armstrong expects the whole monetary system to crash and burn eventually, no later than 2032.95 , then the breakup of the Usa will unfold with europe already gone.
second chart is Armstrong's and was created in 1979! It predicted the 2009 would be the start of the phase transition, so he seems to have predicted the banking crisis of 2008-2009. 2017 is showing up on his chart as a peak but I don't think the dow can go up to 40k in 5 months.
Edited by Russ, 06 August 2017 - 05:52 PM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstronghttp://marketvisions.blogspot.com/