funny but we didn't elect a yearly bearish reversal on the S&P 500 at the end of 2018. Armstrong never said no new highs only no new highs on a sustainable basis and the rally we are in currently in is not sustainable according to the energy model on the monthly level as well.
Armstrong is calling for quite a significant pullback going into 2021 if we do in fact make a high in January 2020 in line with the ECM.
Gumbi, read the 2018 end of year report. It was so bearish (on the DOW). 11 months later and we are 18% higher...
You completely missed the rally. I started the year very short but gladly I recognized MA is a clown and I bought US Treasury and bond procies early in the year.
Martin Armstrong has no clue, he is a complete amateur.