Armstrong feed historical data into his computer program and came up with a economic confidence model on a worldwide basis and includes more than just market action. This one is more or less a charting of human nature beside all the other chart work he is known for. The world never ends, it just the same cycles over and over again...greed, corruption, bust, boom times...repeat. Banking mathematically can't survive and will implode on itself due to debt. Eventually, kicking the can down the road ends at a block wall.