Friday, March 11, 2011

Financial Market Time Cycles ALERT!

I commence with my gratitude to The Creator

I expect markets to make lower low and then rise. Therefore, closing your shorts is the best strategy

Thursday, March 10, 2011

Asian Markets Forecasts Follow Up 3-10-11

I commence with my gratitude to The All-Knower

I am greatly indebted to My Creator, I have never attempted to forecast the Asian Markets, Although I had started receiving requests since last year. Nevertheless, I started studying the markets since then. And recently I felt comfortable, after having discovered the time cycles of Bombay SENSEX, Nikkei 225, Shanghai Composite and Hang Seng. Beginning of this week's forecast for Asian Markets have come to fruition. Regional markets have been bathing in red since the forecasts.

Crude Oil Forecast 3-10-11

I commence with my gratitude to The Ultimate All-Knower

Crude oil has retraced, as forecasted in my previous forecast  (It went $1+ below my support zone). Crude oil has retraced in the face of on going unrest in Libya and Saudi Arabia. One would think that it should be skyrocketing, instead. However, the time cycles, are the actual forces, which drive and control the move of any financial market.  I had forecasted that there shall be reversal in crude oil price on 03/04 (+/-2 days) and around the price of $108. High on 03/07 (the very next trading day of 03/04) was 107.34 (only 66 cents away from my forecast). Therefore, price and time got squared, we had reversal. There is strong support at $100 level. If tomorrow (or Monday, the 03/14the) is the not the low then next low shall be 03/16-03/17 and next time cycle is 03/20 (which falls on the weekend). However, I am of the opinion that tomorrow has higher probability that it shall mark a swing low till next time cycle date. Next price target after $108 resistance (it created a reversal/resistance on 03/07), shall be $119.75.


Some Stocks to Look at - (a peek inside my trading alert room) Update

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I had shared some stocks ideas from trading room, within last couple of days. What would have been results? As expected, please see the enclosed, only due to The Grace of The Almighty!

I am taking applications to join the waiting list for Trading Room Alerts (a paid subscription service). Please send your inquiry to Trade.N.Harmony@gmail.com

Financial Markets Forecast Update 3-10-11

I commence with my gratitude to The All-Knower

I won't say that I told you so ;-)

Well, we have more down side, in zig-zag move. Why see the VIX chart here.

Gold and Silver Markets' Forecast Update

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Gold has tumbled over $35 and Silver has over 6.7% since my forecast. There was a second entry for short after 36 hours, then went sideways and fell over

Wednesday, March 9, 2011

Asian Markets Forecasts Follow Up

I commence with my gratitude to The All-Knower

Thanks only to The Almighty, Asian Markets, including Nikkei 225, Sensex, Shanghai, are down. Did you trade and follow my forecasts?? click on the picture!

Some Stocks to Look at - (a peek inside my trading alert room)

I commence with my gratitude to The Creator

GS short was recommended yesterday to my subscribers. It is still a very viable swing trade. GS just tested the neckline of the pattern today and pulled back from the neckline. After successful following of the pattern, profit target is below $145.

RYN, is another Stock which had a strong bull-run. With rising oil prices, and technically and aligned with the time cycles is very good short candidate.

Financial Markets (US) Forecast - UPDATE

I commence with my gratitude to The Creator, The One Who Is The Ultimate All-Knower,

I had alerted you yesterday, when the market was Waaay...... up ;-).
Now the update!

Tuesday, March 8, 2011

Shanghai Markets Forecast - More Down Move Expected..!!

I hereby commence with my gratitude to The All-Knower

I humbly submit that after reviewing the Shanghai Composite, I find it (probably) the easiest market to predict. It just simply and faithfully, follows the time cycles.

Based upon my recent analysis, it is ready to tumble and shall continue to do so until the end of first week of April 2011, most probably 04/07 or 04/08. Price targets are 2,720 (+/-11) and 2,650 (+/-11).

Tokyo Market - Nikkei 225 Index Price and Time Cycle Squaring 3-8-11

I commence with my gratitude to The All-Knower

Other big and liquid markets around the world, are also facing strong down-ward pressure. As a matter of fact, Nikkei 225 Market has just completed time/price cycle squaring. Therefore, there is much decline ahead.

Each market has its own DNA, under which it operates. One of the angles which rule Nikkei, 55°. High in 2010 from Feb 2010 low was 55 days also. I have also used one of my favorite angles, i.e, 90°, which rule all the markets. As you shall see that all of the very important swings were confined  within the channel of these angles.

I foresee a big down side in the Japanese Nikkei 225 Index. This down cycle shall run until at least middle of 2nd week of April 2011.

Indian Markets Bombay Sensex Update 3-8-11

I commence with my gratitude to The One Who Is Ultimate All-Knower

Bombay Index SENSEX, got a relief rally due to the depressing of oil prices or just one of the last attempts to safeguard the bottom just put in last week. I have an updated chart for the Bombay Index. Market must keep the resistance intact to keep the down-trend going. I think that once these levels are kept, index shall fall hard to the levels of $17,000-17,100 range.

Financial Market Price and Time Cycles Squaring 3-8-11

I commence with my gratitude to The All-Knower

US Financial Markets (and other markets around, most of which, follow US's pursuit), have been lead up or down by the Technical sector, which is represented in NASDAQ-100 or its ETF namely, QQQQ.

Sometimes, when there is confusion of non-trend, like one day high up, next strong down day, an analysis from Squaring of Price/Time Cycles, can bring a better light to the table.

I have used  time/price squaring angle of 45°, the most favored by Mr W. D. Gann and then another angle of 90°, to give us the clearer picture. Word of caution, for any time/price squaring angle lines to be valid, the important pivots or swing low or highs of the underlying, must be confined by these angles lines.

As you shall see in the enclosed chart that all the important swings, and most recent top on 02/18 (also called by me, before it happened, with The Almighty's Blessings) and most recent swing low was caught by these two angles lines.

These two angles lines, foretell me that there is more down side, before there will be an up move. The down move shall be sudden and sever. which shall be followed by last and an exhaustive move (a blow-up move). THEREFORE, I AM SELLING THESE RALLIES, AS THEY ARE FULL OF DOUBTS AND TRAPS.

I Doubt This Rally Caused by Financial Sector

I commence with my gratitude to The Creator.
Financial stocks are the top-performing slice today within the 10 sectors that make up the S&P 500.
The Financial Select Sector SPDR Fund (XLF) is rallying more than 2% in afternoon trading Tuesday but volume is relatively subdued.
About 56 million shares have traded hands with less than two hours until the closing bell, compared with the 30-day average of about 64.5 million shares, according to FactSet.
Bulls would like to see XLF volume of at least 100 million shares to show conviction in today’s rally.
In fact, a quick look at the volume trends in XLF so far this year is not encouraging. The ETF has seen volume exceed 100 million shares on seven days in 2011, and the financial sector closed in the red every time.
• Jan. 7 – 178.1 million shares (0.9% loss)
• Jan. 19 – 117.4 million shares (2.2% loss)
• Feb. 23 – 115.7 million shares (0.4% loss)
• Jan. 28 – 113.1 million shares (1.7% loss)
• March 1 – 106.2 million shares (2.1% loss)
• March 4 – 105 million shares (1.2% loss)
• Feb. 22 – 102.2 million shares (3.1% loss)
Source for this information and XLF volume, performance: FactSet Research, MarketWatch

Crude Oil Forecast UPDATE

I commence with my gratitude to The All-Knower

I forewarned about the Crude Oil Support in the area of $103.00. It, today, found support at $103.35 area. See my previous chart and an updated today's chart

Monday, March 7, 2011

Financial Market Update 3-7-11

I commence with my gratitude to The All-Knower

Markets have sold-off severely and especially at much higher volume. Higher volume is usually at the beginning of the new trend or at the end of the end.

This foretells that Markets are about to start a new turn, different than the previous one!! Any clues or ideas! ;-)

Crude Oil Forecast UPDATE

I commence with my gratitude to The All-Knower

I have placed the chart on the left, just this late Friday on 03/05/11. I had stated that crude oil shall go higher to price marked by the red dot, which was the range of $106.50-$106.90 and then it shall pull back and/or consolidate. Today high was $106.90. After putting in the high just below $107.00, Crude Oil has pulled back about $3.00. Look for current pull-back support in the zone of $102.5-$103.9.
Future price targets are (or look for resistance offered at these levels) $108, $110.67, 112.40, 114.15. $118.55 shall be first very strong resistance.

Financial Market Time Cycles Update

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The Markets have turned bearish and I'm buying some puts now

Financial Market Outook

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On March 4th, I said that market trend shall higher as long as it does not break the Wednesday's low.

Today, is the anniversary of March 06, 2009 low, therefore, the cycle which was pointing higher last week, got inverted and converged with the previous time cycle and we have today's downdraft. As stated in the previous post, Market must not break below Wednesday's low, otherwise, the trend is changed.

SILVER and Gold Time Cycle Forecast - ALERT

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Silver (and ETF, symbol, SLV) have completed it price and time cycle today, therefore highly probable that they Silver ( and Gold) will fall and most probably very hard.
(this was part of Gold and Silver Trade Alert Subscription Alert issued before the open of the day)

Sunday, March 6, 2011

Crude Oil Forecast UPDATE

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I had published this chart previously for Crude Oil. On said date, it was trading at $97.00, after pullback from a recent high at $102 range. Crude oil broke out as expected and last close on Friday was above $105. I foresee higher prices than current level, after another pull-back and/or consolidation, as shown on the chart.

Indian Markets Bombay Sensex Time Cycle Alert! Update

I commence with my gratitude to The Creator, The One Who Is Ultimate Knower
Last week, I had forewarned about a time cycle ingress, which effects the Indian Market Sensex Bombay Index.  On Friday's Close, Price action was not impressive and it failed at the previous highs set on 2/18.

Therefore, Bombay Sensex shall fall on 3/7/11. It is going the test the lows, set just recently.