Posted Jun 5, 2018 by Martin Armstrong
QUESTION: Hi Martin
Was curious if you could address what Socrates has popped up on the last report….of a “Knee Jerk Low” this quarter. Is this a possibility that we should be on guard for?
A very thankful follower of your work!!
C
Was curious if you could address what Socrates has popped up on the last report….of a “Knee Jerk Low” this quarter. Is this a possibility that we should be on guard for?
A very thankful follower of your work!!
C
ANSWER: The terminology I have developed is unique and it comes from actually studying market behavior. I have explained that reaction is limited to the time period of three or less. Move beyond 3 years and you are changing trend. The Knee-Jerk events can be highs or lows. They refect choppy markets. They are confined to one unit of time. Here is Singapore share index. Note that there were three back-to-back Knee-Jerk reactions. This is what the Global Market Watch is forecasting. Not necessarily a change in trend, just a choppy move normally in the opposite direction.
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