A recent report was sent out by Marty Armstrong on January 5, 2011. It is a worthwhile read as he discusses a little bit the June 13, 2011 turning point and also talks about gold and some other markets as well.
He clearly describes the June 13, 2011 as important especially since it is one of the large 8.6 year turning points. The proper interpretation according to him is that it is a turning point, so what I recommend people do is keep a close eye on some major market indices, commodities and currencies in the weekly to monthly time frame and then closely observe them as we get near this turning point date.
It is amazing to see in the report above that the 2007.15 turning point date marked the top in the real estate bubble as Marty points out in his essay. He also points out the interim turn point dates and talks about other markets that turned there as well.
If the particular market wants to align with the model then you will see the reversal start to happen and you will also be able to see this reversal happen with tradition technical analysis indicators.
I do not want to pre judge this turning point too much so early before the actual date, but it would be quite nice to see it pinpoint turns in some major markets or commodity markets. In other words there may be some very ideal, and maybe even precise short setups occurring near this date.
But June 13, 2011 is a good 4+ months away, so still plenty of patience required…