The Dow & The Correction
Posted on August 12, 2015 by Martin Armstrong
The support on our weekly models lies at 17253 and 17068. Weekly closings beneath this numbers will confirm there is a correction in progress. Keep in mind that a decline in the share market should send capital into a final spin with the rush to a flight to quality creating the last peak in government. This is the bubble in government for this turn in the ECM and thereafter, we will see a very confusing and interesting future.
Keep in mind that during such events, there is no sector that is left untouched. Everyone will suffer for there is no safe-harbor for capital during such monumental periods of confusion.
So as we move for the closing this week, pay attention to these numbers.