I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing
Friday, September 17, 2010
Gold Market Update 09-17
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
I had published an analysis of Gold on August 31st and previously on August 24th had stipulated that $1,237 is an important NHN per my research. My forecast stated that Two consecutive closes $8 above $1,237 shall negate the recent time/price cycle squaring . I further added that a decisive break above that number shall bode well for Gold. Since then Gold has rocked higher.
I had published an analysis of Gold on August 31st and previously on August 24th had stipulated that $1,237 is an important NHN per my research. My forecast stated that Two consecutive closes $8 above $1,237 shall negate the recent time/price cycle squaring . I further added that a decisive break above that number shall bode well for Gold. Since then Gold has rocked higher.
And Now an update on said chart
Thursday, September 16, 2010
Financial Markets Outlook - Update 08-17
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
Click on the chart to enlarge
Click on the chart to enlarge
For each forecast that is given FREE to all of my readers, what is expected is that you use your trading common sense, plus the rules of trading taught in several other posts, about entry and exits. For example an analysis like that recently for AMZN could not turn out as we expected. I always teach the "Expect the Un-Expected". However, if you look at the analyses, you are given certain levels where analysis shall be negated, e.g. in AMZN (Go back and look at the chart of AMZN), there were two stop-the-trade levels were given out. One was aggressive and other was for more conservative. Failure at those levels meant that there are other more powerful cycles are in effect and recent analysis was negated. If one is prudent trader then, he/she shall limit the loss at the levels given and let your profit run, once the trade goes in your favor, for the powerful profitable trades like RIMM, AAPL, GOOG and about hundred plus other trades given away.
AAPL Forecast of 08-03 Follow UP
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gift of knowledge and ability to share with others
On August 03, when AAPL was trading at $262 levels, I published a forecast that I expected AAPL to head lower. I had given out the price and time targets. With the Grace of The Almighty, both time and price worked exactly. Rule of the price/time cycles squaring, is that whenever, one of the targeted price cycles' levels come within the expected time cycles band, then the reversal is imminent.
First See the forecasts below, Then the review in form of results after.
On August 03, when AAPL was trading at $262 levels, I published a forecast that I expected AAPL to head lower. I had given out the price and time targets. With the Grace of The Almighty, both time and price worked exactly. Rule of the price/time cycles squaring, is that whenever, one of the targeted price cycles' levels come within the expected time cycles band, then the reversal is imminent.
First See the forecasts below, Then the review in form of results after.
Results of the Forecast
Wednesday, September 15, 2010
Market Forecast Update 09-15-10
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing
Financial Markets are ready for a decline and more they oscillate within a day and stay within a price range, more steam is getting together for a strong move, thereafter.
Financial Markets are ready for a decline and more they oscillate within a day and stay within a price range, more steam is getting together for a strong move, thereafter.
Market Update 09-15-10 (GS Forecast)
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing
Markets have stopped trading higher, since my Forecast-ALERT issued on Sept 13. Plus, as some of the readers have correctly pointed out that we are getting a lot of wild-swings moves since the forecast prior to the Sept 13th.
Today Goldman Sachs (symbol GS) confirmed my analysis, not only GS shall head lower, it shall act as a leading indicator of the markets' direction as well.
Markets have stopped trading higher, since my Forecast-ALERT issued on Sept 13. Plus, as some of the readers have correctly pointed out that we are getting a lot of wild-swings moves since the forecast prior to the Sept 13th.
Today Goldman Sachs (symbol GS) confirmed my analysis, not only GS shall head lower, it shall act as a leading indicator of the markets' direction as well.
Monday, September 13, 2010
Market Outlook 09-13 Update - ALERT
I commence with my humblest gratitude to The Most Benevolent The Ultimate All-Knowing
Based upon the financial markets' today's closing prices, I think that tomorrow (or even today) would be the intermediate top.
Based upon the financial markets' today's closing prices, I think that tomorrow (or even today) would be the intermediate top.
Market Outlook 09-13
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
All three indices have been struggling with the 200-MA. SPX and NASAQ attempt at 200-MA shall be rejected, as it is coming within the time cycle band.
The coming week contains time cycle strongly correlated with reversal in the trend. Plus we have certain time cycles related with strong and wide price swings. Therefore, if we have up move at the open, then we shall be watching out for sharp retracement, filling in the gaps and price swings full of dizziness. If you are not able to withstand such surprise moves, then best advice, stay in cash and away from the markets. However, those traders with emotional balance, and trading systems rules of entry and more importantly the exits (see my posts of how to enter and exit the trades), shall be able to avail the sweet and profitable trading opportunities.
All three indices have been struggling with the 200-MA. SPX and NASAQ attempt at 200-MA shall be rejected, as it is coming within the time cycle band.
The coming week contains time cycle strongly correlated with reversal in the trend. Plus we have certain time cycles related with strong and wide price swings. Therefore, if we have up move at the open, then we shall be watching out for sharp retracement, filling in the gaps and price swings full of dizziness. If you are not able to withstand such surprise moves, then best advice, stay in cash and away from the markets. However, those traders with emotional balance, and trading systems rules of entry and more importantly the exits (see my posts of how to enter and exit the trades), shall be able to avail the sweet and profitable trading opportunities.
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