I commence with my gratitude to The Creator
I had alerted you of today's sell-off, on Friday, 02-11. SPX price of 1,332-1,333, completes a price squaring cycle within the confluence of time cycles. Therefore a sell-off was imminent. Today SPX has dropped from 1,332-1,333 level, touched and triggered yesterday.
Showing posts with label Market Forecast 2-1-11. Show all posts
Showing posts with label Market Forecast 2-1-11. Show all posts
Tuesday, February 15, 2011
Friday, February 11, 2011
Financial Market Update 2-11-11
I commence with my gratitude to THE Creator
Previous Cycle of Astronomy, is known to create 1-2 reversals.
Therefore, it seems like that Markets shall end higher today. and complete the time cycle of 02/14 (Turn could occur on Monday). Watch out for 1,332 Price Level Very Strong Resistance.
Previous Cycle of Astronomy, is known to create 1-2 reversals.
Therefore, it seems like that Markets shall end higher today. and complete the time cycle of 02/14 (Turn could occur on Monday). Watch out for 1,332 Price Level Very Strong Resistance.
Tuesday, February 1, 2011
Financial Markets Outlook 2-1-11 Update
I commence with my gratitude to The Creator
Market has cleared the resistance. Therefore, it is evident that previous one day strong drop was an anomaly, that usually occurs, when market has gone so much up, without a reasonable correction. Therefore, from tomorrow, (after when it would most probably test the 1,300'ish level as support) is the day to start finding favorites for longs. That means, Market shall go higher until the weekend.
Market has cleared the resistance. Therefore, it is evident that previous one day strong drop was an anomaly, that usually occurs, when market has gone so much up, without a reasonable correction. Therefore, from tomorrow, (after when it would most probably test the 1,300'ish level as support) is the day to start finding favorites for longs. That means, Market shall go higher until the weekend.
Financial Markets Outlook 2-1-11
I commence with my gratitude to The All-Knower
Markets went higher today, after the open. But I'm NOT A BUYER of long side, YET!! Not until, it clears the resistance of recent sell off. That is the prudent strategy. I rater miss an opportunity of small intra-day than be trapped into some bulls-trap.!!
Beware!!, it is usual retracement, after a strong sell-off.
Markets went higher today, after the open. But I'm NOT A BUYER of long side, YET!! Not until, it clears the resistance of recent sell off. That is the prudent strategy. I rater miss an opportunity of small intra-day than be trapped into some bulls-trap.!!
Beware!!, it is usual retracement, after a strong sell-off.
Subscribe to:
Posts (Atom)