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Thursday, May 13, 2021 10:16:14 AM
By: Marty Armstrong | May 13, 2021
The Dow came down hard, but it has not yet broken the upward trend. The NASDAQ has shown the tremendous difference between domestic and international capital movements. When I developed Capital Flow Analysis and central banks around the world wanted the info especially after China announced it was using Capital Flow Analysis, behind the curtain the respect for Socrates grew in leaps and bounds.
This stark contrast between the NASDA and the DOW reflects the problems of the world. As geopolitical concerns rise, international money moves into the blue-chips. Domestic money goes into the NASDAQ (Retail) and the S&P500.
Right now, the Dow can bounce back so not no anticipate a crash. Geopolitical risks are rising because we have the weakest group of world leaders in history in the West.
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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