Commence with my gratitude to The Creator.
Markets tried to create a low on Monday (the date predicted by my proprietary indicator), but failed to do so and dropped till the next day. That is turn date (+1). Price levels of that turn date (+1) is important, which sits at S&P 1,770 level. That is near one of my balance points in the S&P 1,762 area. That offers a strong support. The markets rallied on Tuesday and only to drop back on Wednesday to test the low created on Monday's turn date (+1). Therefore the lows of Tuesday are important, and must hold.
I bring up the chart of the leading index of NASDAQ Composite. My another proprietary indicator is saying that markets must go higher now. Blue Trend-line and yellow price cycle, have been consistantly offering support for each small correction in the markets, along-with the proprietary indicators shown below, see green arrows, have called in the market turns, that is happening today also.
My previous long term analysis did call for strong market crash like drop in vicinity of March. I think, this is NOT IT. I believe that market has another breath left, before they tumble. See the attached chart.
Markets tried to create a low on Monday (the date predicted by my proprietary indicator), but failed to do so and dropped till the next day. That is turn date (+1). Price levels of that turn date (+1) is important, which sits at S&P 1,770 level. That is near one of my balance points in the S&P 1,762 area. That offers a strong support. The markets rallied on Tuesday and only to drop back on Wednesday to test the low created on Monday's turn date (+1). Therefore the lows of Tuesday are important, and must hold.
I bring up the chart of the leading index of NASDAQ Composite. My another proprietary indicator is saying that markets must go higher now. Blue Trend-line and yellow price cycle, have been consistantly offering support for each small correction in the markets, along-with the proprietary indicators shown below, see green arrows, have called in the market turns, that is happening today also.My previous long term analysis did call for strong market crash like drop in vicinity of March. I think, this is NOT IT. I believe that market has another breath left, before they tumble. See the attached chart.
