With my gratitude to The Creator, The Ultimate All-Knower
Markets participant did some more profit-taking by closing some positions, thus creating a rather brief period selling in the morning. However, markets is poised to go higher, contingent upon the conditions laid out in these charts and previously published in my yesterday's and prior posts.
Friday, November 19, 2010
Thursday, November 18, 2010
Market Forecast 11-17-10 UPDATE - Update
With my gratitude to The Creator, The Ultimate All-Knower
I was asked by few here and some via forums of professional traders and hedge fund managers that why I had an opinion of being short on 11/16 and then reversing my opinion on 11/17. (click on the charts to enlarge)
First of all, I am a trader, not an Investor. As I believe, though, it requires more of work, but trading, pays better rewards and helps fatten the investment portfolio at much faster pace. That is what Hedge Funds do right now!!, Trading, daily or swing.
When market fell on Friday the 11/12th and then on my forecasted up-day for Monday 11/15th, the up-day (where 90 points DJI rally) faded into the EOD, I had changed my outlook and looking-out for market changing its pulse. When it broke below the 1,188, it was sign that market has broken the up-trend (for now that day, at least). However, the enormity of the drop on Tuesday, which has been preceded by the consistent step down drop, since my another forecasted reversal day of 11/05, demanded a strong bounce. On Tuesday night, I went back to my research table and created the chart for you, which revealed one of my proprietary researches that length of rally in 54-55 periods is followed by 7-8 periods of correction. Market doesn't break rules, .... it follows.
Therefore, my technical indicators pointing market higher, alongside the time cycle of 11/18 aligning up with the decline prior to this previously predicted time cycle of 11/18....... Now Market Must reverse, and it did, as I predicted (Thanks to The Almighty for blessing with the knowledge and ability to share). Mind you that market was not upbeat on Wednesday 11/17, although, it did create double bottom in some and in other markets, it created higher low, as I had forecasted.
I was asked by few here and some via forums of professional traders and hedge fund managers that why I had an opinion of being short on 11/16 and then reversing my opinion on 11/17. (click on the charts to enlarge)
First of all, I am a trader, not an Investor. As I believe, though, it requires more of work, but trading, pays better rewards and helps fatten the investment portfolio at much faster pace. That is what Hedge Funds do right now!!, Trading, daily or swing.
When market fell on Friday the 11/12th and then on my forecasted up-day for Monday 11/15th, the up-day (where 90 points DJI rally) faded into the EOD, I had changed my outlook and looking-out for market changing its pulse. When it broke below the 1,188, it was sign that market has broken the up-trend (for now that day, at least). However, the enormity of the drop on Tuesday, which has been preceded by the consistent step down drop, since my another forecasted reversal day of 11/05, demanded a strong bounce. On Tuesday night, I went back to my research table and created the chart for you, which revealed one of my proprietary researches that length of rally in 54-55 periods is followed by 7-8 periods of correction. Market doesn't break rules, .... it follows.
Therefore, my technical indicators pointing market higher, alongside the time cycle of 11/18 aligning up with the decline prior to this previously predicted time cycle of 11/18....... Now Market Must reverse, and it did, as I predicted (Thanks to The Almighty for blessing with the knowledge and ability to share). Mind you that market was not upbeat on Wednesday 11/17, although, it did create double bottom in some and in other markets, it created higher low, as I had forecasted.
Market Forecast 11-17-10 UPDATE
With my humblest gratitude to The Ultimate All-Knower, Who Blesses me with The Knowledge.
Yesterday, I had alerted before the market open, that 11/17 was pivot for reversal day.
Markets were zig zagging all day. Even Investor's Business Daily had no clue what was about to happen, thereafter 11/17.
Yesterday, I had alerted before the market open, that 11/17 was pivot for reversal day.
Thanks to The Creator, I had already forewarned and Those who had heeded to my forecast, had heaped the big rewards today.
Wednesday, November 17, 2010
Proper Preparation Prevents Poor Performance
With my gratitude to The Ultimate All-Knower
Once we, as traders, are prepared, then we can always outperform other market participants.
This is where Markets Time and Price Cycles come in.
Being prepared, as when to enter the trade and when to close the trade, especially, when you have options contract, pays handsome rewards.
Once we, as traders, are prepared, then we can always outperform other market participants.
This is where Markets Time and Price Cycles come in.
Being prepared, as when to enter the trade and when to close the trade, especially, when you have options contract, pays handsome rewards.
Market Forecast 11-17-10
With my gratitude to The Ultimate All-Knower
Markets shall find reasons to stabilize. Because the time cycle is due, which must stop the decline, the markets have experienced. Overbalancing of the price and time had been achieved. 11/16, would have been the higher low, made by the markets (or 11/17 could be the double bottom). Therefore, 11/17, shall be the reversal pivot day for recent decline. In the event, the markets continue the previous trend of decline, then it shall continue until 11/25-11/26. This is one time cycle I use, besides others, to time the reversals in the trend.
Based upon the current market time cycle pattern, Market may go higher until the first week of February, 2011.
Markets shall find reasons to stabilize. Because the time cycle is due, which must stop the decline, the markets have experienced. Overbalancing of the price and time had been achieved. 11/16, would have been the higher low, made by the markets (or 11/17 could be the double bottom). Therefore, 11/17, shall be the reversal pivot day for recent decline. In the event, the markets continue the previous trend of decline, then it shall continue until 11/25-11/26. This is one time cycle I use, besides others, to time the reversals in the trend.
Based upon the current market time cycle pattern, Market may go higher until the first week of February, 2011.
Tuesday, November 16, 2010
Financial Markets Outlook - Alert
With my gratitude to The Creator
The support for S&P has been broken decidedly. 1,188 is an important harmonic number and strong support. However, it's been violated, thus triggering short position.
The support for S&P has been broken decidedly. 1,188 is an important harmonic number and strong support. However, it's been violated, thus triggering short position.
Monday, November 15, 2010
Market Outlook 11-15 @ 6:00 PM
With my gratitude to The Ultimate All-Knower
Market is approaching the important time cycle zone!! Now as a prudent trader, be prepared for the UnExpected!! Click on the chart to enlarge. (Be wary of the bear trap, just like, it occurred at the 2nd break of the trend-line, on 10/04 (in the bottom left corner of the chart).
Market is approaching the important time cycle zone!! Now as a prudent trader, be prepared for the UnExpected!! Click on the chart to enlarge. (Be wary of the bear trap, just like, it occurred at the 2nd break of the trend-line, on 10/04 (in the bottom left corner of the chart).
Sunday, November 14, 2010
Time Cycles Point to A Positive Day on Monday and .....!
With my gratitude to The Ultimate All-Knower
Time Cycles point to positive day on 11/15/10, into the next time cycle zone of 11/18-11/21. There is some kind of bullish news coming on Monday, which shall help CREATE bullish sentiment, resulting in an up day for markets.
Time Cycles point to positive day on 11/15/10, into the next time cycle zone of 11/18-11/21. There is some kind of bullish news coming on Monday, which shall help CREATE bullish sentiment, resulting in an up day for markets.
AAPL's Forecast Another Review
With my gratitude to The Ultimate All-Knower
Review of AAPL Forecast on 10/26/10, with just price perspective! (Review of Time Cycles for AAPL was presented earlier in different post, to time the entry)
Review of AAPL Forecast on 10/26/10, with just price perspective! (Review of Time Cycles for AAPL was presented earlier in different post, to time the entry)
Do "Time Cycles" Work? - III
With my gratitude to The Ultimate All-Knower
Do The Time Cycles Work in All Markets? Can We use Time Cycles in our trading along with other trading system, we use?
Do The Time Cycles Work in All Markets? Can We use Time Cycles in our trading along with other trading system, we use?
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