Johnnie Ellington II August 24, 2015 at 7:13am · A False move is measured from the high, not current time.

Johnnie Ellington II

August 24, 2015 at 7:13am · 

A False move is measured from the high, not current time. Therefore, a FALSE MOVE would be 2 to 3 months from the May high in the Dow and that means an August low. That can be on a closing basis with an intraday in September and a rally for the close. Or it is just an August intraday low.

CAUTION, this does not apply to the NASDAQ. The Dow led the way up out of the 2009 low. Then the S&P 500 took the lead. Finally, NASDAQ took the lead and made its high in July. Therefore, if we get the perfect FALSE MOVE, then we should see the low in August for the Dow and most likely the S&P 500. However, the NASDAQ could make new lows in September. If that happens yet the August low holds in the Dow, then we are indeed more-likely-than not staging a FALSE MOVE.

The real focus for this particular ECM turning point is the bond market and the bubble in government. This decline we warned about from the May high was NECESSARY to scare capital causing it to rush back to government paper at negative interest rates. That will complete the bubble for this wave.

It seems IF you use the word “CRASH” and everyone assumes you mean the share markets. NO! This time it is GOVERNMENT. This is being reflected in politics as well. CONFIDENCE in career politicians is collapsing and those in politics and the press are beside themselves. The Press is trying so hard to stop Trump to ensure the establishment prevails and we get screwed with no change as usual. Interesting polls show Trump is bringing in the youth and Bush is just not electable by the under 35 crowd. The same is unfolding in the Democratic camp. The youth could care less that Hillary is a woman. That is for the older feminists who would vote for a woman regardless what she says or does. They are not pleased either with Trump’s wife who is 24 years younger. She would make probably the most beautiful first lady in history.

This target 2016 in politics is anything but politics as usual on a global scale. The old career politicians have overstayed their welcome – it is time to get out of town! This is all about the ECM and 2015.75 should be the PEAK in government – not stock markets. Everything is connected. This not just about the stock market and gold. There is a lot more of the table here and people are oblivious to the global trend these days.