Thursday, September 15, 2016

The Stock market for 9-16-16

Based on information from Martin Armstrong,


Today looks like a 1 day high (also point for Mannarino for calling this in a video yesterday)  While Evolution was bearish yesterday, it doesn't mean the market can't go up one day.
Martin Armstrong has today as a turning point, which I take to mean a high, after yesterdays turning point was a low, and the one for Monday was a high. 


I think the S&P will hit an intraday high, and close below that, which will leave the CMO and the UO downward.  When the market is shifting this fast, I think pivot points loose some credibility. 


the 16th is an eclipse date.  Is that worth anything? 





There is expected by several to be a major down day on the 23rd.  I give that a lot of credibility, but will use evolution as it gets near.  At the moment the S&P is bearish WEEKLY, and the close of this week is very likely to give another sell signal.  Since the 23rd is next week, this gives it more credibility. 

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