GOOG Forecast Alert

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GOOG is setting up an interesting pattern. When successfully panned out then, it shall manifest into a decline of at least $100. Pre-requistie, once it breaks below the price level of $595 decisively (closing below on 60-min or 120 min bars)

Are Financial Markets Heading For CRASH? UPDATE

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I have received quite a few inquiries about the last post of potential crash looming.

Please remember, I had stipulated a pre-requisite that S&P-500 breaks below the low of 05/18. It must be noted that DJI has already violated the low of 05/18, once SPX follows the pursuit and low of 05/18 is broken, then floor shall fall off from underneath of the US stock markets. The sell-off shall convert into the panic selling and usually third thrust down is the sever one and it happens in the form of capitulation. Recent support at the 05/18 low was an obvious once, as it lies at about 50% retracement level of November 2011 to April 2012 rally. Tuesday rally failed at the 38.2% of the same rally.

If the 05/23 was successful test of the recent markets low, giving a double bottom pattern then, the rally continues, and for SPY $135-136 is the maximum target of this potential rally, before it turns down once more.   Once it break below the 05/18 level then, support or bounce target for SPY is at 125-127.

see attached

Are Financial Markets Heading For CRASH?

Is Market CRASH Impending?

I commence with my gratitude to The All-Knower

Stock market forecast 5-23-12 CRASH

I am getting lot of emails, now a days, requesting to do analyses. That I refer to as an indicator of Universe telling us something bigger is impending. Although, US Stock Markets have lost only 8-11% from their top in April 2012.

Therefore, I looked up on my special proprietary indicator (I have tweaked something already available), which  is excellent in calling bottom. I was awed to discover that This indicator has reached to the lowest level, not seen since October 2008 Crash. It has surpassed the low levels of May 2010 Flash Crash, Summer of 2011 Crash. With prices only pull-backed by a small fraction as compared to previous crashes, it is foretelling that we shall see much lower prices in the near future, once the 1,290 area is violated to the downside.

If your are trader, who loves to trade the swing, then I will be watching SPX levels of 1283, 1268, 1230 area for potential bounce. 

EURUSD Analysis and Forecast

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EURO currency has been doing dance of zig-zag around 1.2700 level,. As a matter of fact 1.2680 level is very important for EURUSD. This level must be kept in tact, in order to save the EURUSD from further decline. Once this level is kept, (as I write this, the EURUSD pair has recapture this level and hanging on to it, thus far), then EURUSD shall rally sharply and quickly to 1.2750 and even higher. THE OPPOSITE SHALL BE TRUE (even more decline in prices), IF IT FAILS TO HOLD THIS IMPORTANT AREA OF SUPPORT

See attached chart.

Stock Markets Update - Is The Rally Done?

Will The Stock Markets Continue Their Previous Trend of Decline?

I commence with my gratitude to The All-Knower

Stock Market have rallied strong on Monday and continue the rally till Tuesday early afternoon. Only to given up all the gains of the Tuesday later by the day and then-some!  Was that the sign of the break-down of the underlying strength of the rally? It is quite possible.

Markets have rallied strong both Monday and Tuesday 05/21 all day and 05/22 before noon. Then markets fell sharply to give up all of the up-move of the day on 05/22. The sell-off of the later afternoon was caused by resurfacing of concerns for EURO, whether EURO is going to be shrunk to s smaller in size!

The sell-off of the 05/22 stopped at about 50% retracement of the one and one half day  (1 1/2) rally. Usually that is a healthy pull-back to gain/gather the enough strength and thus continue the new bull-trend higher. However, failure to contain the pull-back, shall mean that we just had an UP blip, caused by the time cycle of 05/17-05/18 and stronger and longer term time cycle is pulling the markets down. Failure to maintain the lows  of 05/18 or 05/21 (see attached chart), shall mean that we another leg down, which shall be 3rd leg (and final thrust to the downside). This could last until 05/25 or it may even continue till 06/01-06/04, the next time cycles posted in my earlier posts.

CRUDE OIL FORECAST UPDATE

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I have alerted you about the rally to be ignited into the Crude Oil. There are some time cycles, which rule the crude oil. It is my discovery, through trial and error. This time cycle system has 90%+ accuracy for Crude Oil and related ETF etc.

It has only failed when there was a lag or lead created by another time cycle of greater magnitude, (sometimes, even a smaller time cycle might create a couple of days lead or lag)

Crude oil and its ETF (symbol: ETF) rose 2.2%+ today.

Gold and Silver Forecast Update

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Gold Stocks Forecast Update

I had forecasted a turn in the Gold and Silver and published the alert on 05/15.

05/16 became the swing low of the recent decline for the gold and silver and related ETFs. 

I you were watching my time cycles forecast for other markets and had aligned it with gold, you would have racked in big profits within last 3 trading days.

Gold stocks have rallied 10% or more since the low on Friday 05/16.

See the attached chart for elaboration. 

Market Forecast Update

I commence with my gratitude to The All-Knower

I had forewarned you about the time cycle of 05/17-05/18 that shall create reversal into the markets down-turn.


See the results. Markets around the world are experiencing the rally. European have galloped so have the US markets. NASDAQ has jumped over 2%. See the attached charts.

I foresee the  first targets for SPY rally at $133 and $135 .

AAPL Forecast 05-17-12 UPDATE

I commence with my gratitude to The All-Knower

I had alerted you with AAPL forecast that AAPL, is going to shoot higher.

Well today, AAPL has rallied over $25 or almost 5%.

Would that satisfy as a strong rally in your books? It does in mine...!