Tuesday, November 8, 2016

Numbers to watch for the monthly close

"Our models show more of a reaction than a change changer. Just watch the 160150 level in the 30-year bond futures. A monthly closing below that level will signal the Bond Bubble has burst. In the Dow Jones Industrials, the number to watch will be a monthly closing below 17330. These are the numbers to pay attention to that would signal a change in trend mid-term. Meanwhile, a closing in gold on a monthly basis below 1242 will also signal a change in trend to the downside is likely."

From Armstrong Economics


  1. wow I didn't thought it will go up like this..
    what are your thoughts about tomorrow ?

    1. depends who wins! The move will probably be bigger if Trump wins (downward) upward if hillary wins.