The latest from the greatest cycles guy ever– Martin Armstrong.
He is saying the DOW will either do a slingshot move higher (just like the late 90’s Nasdaq that doubled in 18 months) or it will go through a phase transition and go much higher. Either way we are going higher.
The slingshot will only be set up if we go below last year’s low (15370) which hasn’t happened yet.
Now if we don’t get a Slingshot we will get a Phase transition. He calls it a Phase transition because its the same thing that happens when you boil water at a constant heat. At some point the liquid turns very rapidly into gas in what is called a Phase Transition.
The markets mimic physics in this way.
We are looking at Feb or March being the possible low in the general markets.