Stock Markets Time Cycles Update

I commence with my gratitude to The Creator

Stock Market Forecast Update 12-02-11

Someone sent me an email, inquiring that if my prediction of CIT for 12/01and time cycle to create reversal was valid.

I replied if time cycle is strong, then markets would not be able to close higher than the prices of the time cycles date. (although sometimes, time cycles have (+/-1) variation). However, most of my time cycles are usually exact on the day of change. Therefore, what is important, ...... is the "close of the day prices".

Unless the markets gap up on 12/5, my forecast shall remain valid until the next CIT date.

Prudent trading strategy, selling short or going long inverse ETF or puts with stops just above the today's high

Stock Markets Forecast Update

Market Forecast 12-01-11

I commence with my gratitude to The Creator

I had forecasted on 11-28, "time cycle of next CIT date, which is 12/01, then market shall turned lower to next time cycle of 12/08-12/09"

Well, Price has gone higher to next NHN Number resistance. of $125. and it is happening at the juncture of time cycle of 12/01, thus reversal is imminent.

Stock Markets Forecast 11-28-11

I commence with my humblest gratitude to The Creator, The One Who Knows it All

I want to pay my gratitude for all of your well-wishes and warm feelings sent over to me during my time off
I am finally settling down after long-distance relocation from California to Chicago area. (my motherland, first or second, I have yet to decipher). Internet was turned on a couple of days ago.

During my absence or 30 days or so time off from the markets' scene and activity, it seemed not much has happened or it happened as I had expected. See my forecast around the time of August 8. When markets were dropping hard, I had predicted a rally back to higher levels then of those of Aug 8th and I gave a price target of 12,000 for Dow Jones Industrials. Well, we did achieve that level, while I was away. Nevertheless, my forecasts came to fruition.

Now let's look at the current picture of markets.  Markets have failed at the critical price and time levels, thus triggering a weaker outlook for the markets (unless, I am forced to change my perspective).

Markets Forcast 11-28-11 SPY chart

I foresee markets leading higher up-to SPX level of 1,200 or even 1,220 (once the resistance of 1,198 is blasted through). If said level is achieve within the time cycle of next CIT date, which is 12/01, then market shall turn lower to next time cycle of 12/08-12/09. and thus retesting the lows (or higher band of the lows) set back in August of this year.

Price target for SPY is $122 and next time cycles are 12/01 and 12/08-12/09.

Stay tuned for detailed forecasts and analyses of  Stock Markets, Commodities, such as, Gold, Silver, Crude Oil and Some of favorite Stocks, such as AAPL, GOOG, NFLX, GS, etc.


Happy Trading.