Thank You My Creator, The Ultimate Knower for the knowledge and ability to spread.Please see the copy of my old forecast (attached herein to the left) for GS posted back on Jan 11. I forecasted the serious down move and then gave out the support zones. GS did stumble to these levels and found support.
(Click on the charts to enlarge)
2 comments:
Mr. Syed,
In one post you mentioned that this is a "correction" decline.
Can you confirm that ?
Are we going to make a new high from February/March Low ?
Are you able to specify the target of this decline ?
I must say that I am very surprised of the speed of this decline and it looks like a new "impulse wave" down, which seems that from Feb/March Low we had Elliott wave B (or 2) and now it's time for wave C (or 3).
Thanks
Do you see GS wave C destruction taking it down towards $19.7 level in the long term ?
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