Click on the chart to enlarge!
Friday, January 15, 2010
Thursday, January 14, 2010
GOLD Market Forecast Follow Up 01-14-10
You have requested an update on Gold Commodity Forecast that how do I see it unfolding.
Any business, including trading is successful, when we know what is highest probability of a certain outcome based upon sequence of current events. Therefore, based upon the analysis, I think the leg down is not complete. As you know, much of my (posted) analyses include certain angular trend-lines, because, the trend-line square the price and time both cycles at any given point. When I drew these lines on the graphs, pictured herein above, I saw another pattern developing. This is called bearish "flag or pennant". Upon the successful completion of this pattern, the price target is usually the length of the pole. That gives us the down target of GLD price in the range of $104.72, next $102.97-103.48, and finally $98.67-99.48. Ironically, these price targets, fall within the range of my previously indicated price ranges arrived by calculation of price and time cycles squaring methods. Thanks to The Almighty and All Knower!!
Check out INO TV, which is FREE and gives you very beneficial, FREE online trading seminars and education. Click on the blue link above
Wednesday, January 13, 2010
Tuesday, January 12, 2010
GOLD Market Forecast Follow Up 01-12-10
Yesterday's afternoon, I posted a forecast and forewarned and said,"Today at high prices of GLD and SLV, price and time cycles have been squared. There is one time cycle left, which might be complete in overnight session or by tomorrow. And then I shall look forward to another price correction of GOLD and Sliver."
It was DOUBLE YOUR TRADING ACCOUNT TRADE, Like many others, I have been giving to you.
If you love my forecasts, then let others benefit from it too. Don't keep it to yourself. As you shall be blessed, when you share the knowledge!!
Today, Thanks to The Almighty and All Knower, my forecast came to bear. What was the value of my Gold forecast? (Click on the Charts to enlarge)
.
It was DOUBLE YOUR TRADING ACCOUNT TRADE, Like many others, I have been giving to you.
If you love my forecasts, then let others benefit from it too. Don't keep it to yourself. As you shall be blessed, when you share the knowledge!!
Today, Thanks to The Almighty and All Knower, my forecast came to bear. What was the value of my Gold forecast? (Click on the Charts to enlarge)
.
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Current Market Outlook 01-11-10 Update
Yesterday, I have forewarned you to be ready to enter short position
Monday, January 11, 2010
GOLD Market Forecast
Today at high prices of GLD and SLV, price and time cycles have been squared. There is one time cycle left, which might be complete in overnight session or by tomorrow. And then I shall look forward to another price correction of GOLD and Sliver.
Check out INO TV, which is FREE and gives you very beneficial, FREE online trading seminars and education. Click on the blue link above
Year 2010-2011 Outlook
History Repeats??
Year 2010 has dawned upon us. It is very prudent to look at the potential road-map of the Financial Markets. How do we do that? Well, one of the best of ways is, to look at what has happened in the past. Are there any common denominators, which would help us conclude that we have the same signatures, as we had them in the past.
Currently, there is a lot of hope of recovery. This hope manifested into the remarkable rally of the Financial Markets. This hopeful feeling is supported by the exaggerated attempts of the Governments, who have (created an illusion and) injected trillions of dollars into the economy. I shall leave the discussion of these attempts on some other times.
I have always said that Financial Markets are ruled by the Cycles. One of most familiar cycles known to the mankind is, the Sun, the center of solar system. If life on Earth depends on Sun and Moon has ability to pull zillions of tons of water (in form of high tides) during its Full Moon and New Moon phases, then other planets have certain effects on the human emotions and thus Financial Markets.
The concept of market memory is borrowed from many avenues of life. One of which is the divine quotation from Ecclesiastes (1:9-14 NIV). "What has been, will be again, ... what has been done, will be done again; there is nothing new under the Sun".
Year 2010 has dawned upon us. It is very prudent to look at the potential road-map of the Financial Markets. How do we do that? Well, one of the best of ways is, to look at what has happened in the past. Are there any common denominators, which would help us conclude that we have the same signatures, as we had them in the past.
Currently, there is a lot of hope of recovery. This hope manifested into the remarkable rally of the Financial Markets. This hopeful feeling is supported by the exaggerated attempts of the Governments, who have (created an illusion and) injected trillions of dollars into the economy. I shall leave the discussion of these attempts on some other times.
I have always said that Financial Markets are ruled by the Cycles. One of most familiar cycles known to the mankind is, the Sun, the center of solar system. If life on Earth depends on Sun and Moon has ability to pull zillions of tons of water (in form of high tides) during its Full Moon and New Moon phases, then other planets have certain effects on the human emotions and thus Financial Markets.The concept of market memory is borrowed from many avenues of life. One of which is the divine quotation from Ecclesiastes (1:9-14 NIV). "What has been, will be again, ... what has been done, will be done again; there is nothing new under the Sun".
Why markets have memory? Markets are made of humans as buyers and sellers of different products of the financial markets. Resonance or reverberation of previous human experiences in markets, are present in a form of energy. That is the reason, a previous price levels that have acted as support or resistance, will respond as such or vice versa. However, what triggers such levels to act in such fashion again. It is said that buyers who have bought very late in the rally or seller who sold very late in the correction, get trapped and wait until that level is obtained again by the markets to get out the their positions. The holding time without any profits, has worn them out. Therefore, hasty actions by such seller or buyer cause the price levels to act as support or resistance. Although, the price level are several years apart in time.
Just as forgotten memory is revived by a certain event, therefore financial markets also require certain event to trigger these levels and act as resistance or support. In this article, we shall review some celestial phenomenon. Furthermore, we are at the similar price levels, as were at the Dawn of Year 2004. Is that coincidence? I know it is not. and alignment of outer planets in like kind aspects is not a coincidence.
I believe astrophysics and its dynamic phenomenon, is one of signatures, which shall trigger the prices levels, to react in the similar fashion (of the past).
As we are discussing the macroeconomics, then outer planets energy shall rule the long term trend of the Financial Markets. (Click on chart to enlarge)
First chart is the comparison of current rally, which started from 03-2009, to the 03-2003 rally which continued into 01-2004 (to be continued...)
I believe astrophysics and its dynamic phenomenon, is one of signatures, which shall trigger the prices levels, to react in the similar fashion (of the past).
As we are discussing the macroeconomics, then outer planets energy shall rule the long term trend of the Financial Markets. (Click on chart to enlarge)
First chart is the comparison of current rally, which started from 03-2009, to the 03-2003 rally which continued into 01-2004 (to be continued...)
Check out INO TV, which is FREE and gives you very beneficial, FREE online trading seminars and education. Click on the blue link above
Current Market Outlook 01-11-10
US Financial Markets have entered into the treacherous areas. According to my previous forecasts, the previously predicted price levels were achieved as of Friday, Jan 8th. Market reached this level with "Great Struggle".
That leaves us with 2 case scenarios.
1). Markets turn down from here and go through a normal cycle of correction and then a corrective up move, before a serious decline.
2). Markets may exhibit an "Exhaustion Pattern", in which we have sudden thrust to the S&P-500's upper resistance price levels of 1,152.86 and 1,163.2.
If the Markets go to the upper band of resistance of 1,163.2, then I expect a decline in the form of "water fall". Because this number has a very strong energy resonance. (click on the charts to enlarge)
Look for more updates, as I shall be posting some more during the day.
I shall also offer updates on other popular equities and commodities. Good luck trading. Keep your long postions profits protected and remain ready to trade the short position.
That leaves us with 2 case scenarios.
1). Markets turn down from here and go through a normal cycle of correction and then a corrective up move, before a serious decline.
2). Markets may exhibit an "Exhaustion Pattern", in which we have sudden thrust to the S&P-500's upper resistance price levels of 1,152.86 and 1,163.2.
If the Markets go to the upper band of resistance of 1,163.2, then I expect a decline in the form of "water fall". Because this number has a very strong energy resonance. (click on the charts to enlarge)
Look for more updates, as I shall be posting some more during the day.
I shall also offer updates on other popular equities and commodities. Good luck trading. Keep your long postions profits protected and remain ready to trade the short position.
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