The stock market is the best leading indicator of the likely economic conditions six months ahead. But you will get nowhere looking at it the other way around.

Yet, most investors do just that; they try and determine when it is right to be invested by looking at how the economy is doing today.

To read what the markets are saying at any point in time, you must be dispassionate, take your opinion out of the game and learn how to determine when the balance of demand and supply for shares in the marketplace has shifted to the degree that the primary medium-term trend has changed from an uptrend to downtrend and vice versa.

In our upcoming Free Workshop in the Fitzwilliam Hotel, Dublin on Tuesday evening, 20^th August next GillenMarkets Founder, Rory Gillen, will run through three indicators that measure this shift in the demand/supply balance and which have good track records in that regard going back decades.

We will leave you with a famous quote by Charles H. Dow, founder of the Wall Street Journal in the 1890s. His observations and his theory – Dow Theory – have stood the test of time ever since:

“A person watching the tide coming in and who wishes to know the exact spot which marks the high tide, sets a stick in the sand at the points reached by the incoming waves until the stick reaches a position where the waves no longer come up to it, and finally recede enough to show that the tide has turned. This method holds good in watching and determining the flood tide of the stock market.”