He also nailed the 2017 low (to date) which coincided with the trump election.
We got close to this price but then bounced, and from there formed a trendline.
UPDATE: Got the image working
Now for some arrays from Armstrong economics! (primarily we look at the top line)
April was indeed a turning point as arrayed. It was a high. Usually turning points are for the close, but sometimes not. May is not a peak on the aggregate line, but the bar is not small, in fact, it's bigger than November and January's blue bars. Also, it's a panic cycle and volatility spike, so it's hard to read what the array is saying for May.
Fortunately, we also have a weekly Array! Let's check it out
The highest weekly close was for that of the week of 10-Apr. Indeed the chart was right. Nothing happened 24-Apr. 1-May was indeed a big spike in volatility, leading into 8-May, a turning point. So I believe this indicates we have turned up as of this week, which produced a turning point low.
This low looks big and could last for 3+ weeks!
The gold silver ratio looks like it's moving in the direction of silver!
I'm going long silver!
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