Commence with my gratitude to The Creator.
I have alerted you on October 10, 2013 for an impending strong bull run/rally, when market was trading at 1,656.40. Market ramped up the gains since then. I had followed up with another post published on 10-21-2013, that once 1,760 level is cleared then look for 1,802-1,812 price targets. My first target of S&P price of 1,802-1,812, was achieved on 11-18-2013. The price range of 1,802-1,812 proved to be strong price cycle and kept the stock markets at bay for about a month. During this consolidation, Markets came back to test my balance point, which I specifically stipulated and it was at 1,760-1761 range. S&P came to the range and made a low at 1,767 and rallied a strong run up on 12-18. That balance point was so strong that it pushed the markets high decisively. On said date, Dow Jones Industrial rallied about 300 points and S&P daily range was 43 points or 2.4%.
This is what balance point does... This is again God's Blessing that He has blessed me with the insight. Balance points is a discovery, which was bestowed upon me, during my quest for learning the sacred and secret inner workings of the financial markets .
My proprietary system is confirming an uptrend, which is not finished yet. Please see chart attached. S&P has cleared the channel and now the stock market is heading for upper band of the channel, which sits at 1,940 range.
Once the last bull run is finished, REMEMBER, I am calling it the last impulse wave of this bull run is over, Stock Markets shall have very SEVER AND QUICK
I have alerted you on October 10, 2013 for an impending strong bull run/rally, when market was trading at 1,656.40. Market ramped up the gains since then. I had followed up with another post published on 10-21-2013, that once 1,760 level is cleared then look for 1,802-1,812 price targets. My first target of S&P price of 1,802-1,812, was achieved on 11-18-2013. The price range of 1,802-1,812 proved to be strong price cycle and kept the stock markets at bay for about a month. During this consolidation, Markets came back to test my balance point, which I specifically stipulated and it was at 1,760-1761 range. S&P came to the range and made a low at 1,767 and rallied a strong run up on 12-18. That balance point was so strong that it pushed the markets high decisively. On said date, Dow Jones Industrial rallied about 300 points and S&P daily range was 43 points or 2.4%.
My proprietary system is confirming an uptrend, which is not finished yet. Please see chart attached. S&P has cleared the channel and now the stock market is heading for upper band of the channel, which sits at 1,940 range.
