Friday, April 29, 2011

Financial Market Time Cycles 04/29/11 - ALERT!

I commence with my gratitude to The Creator

DOW Jones Industrials and SPX are about squared out in price cycles. SPX bear market close on 03/09/2009 was $676.53. 676.53 x 2 = 1,353.06. Today high was 1,364.25, which is close to my NHN numbers (1,362 and 1,366). DJI low 6,440 x 2 = 12,880.

It is all happening within time cycle for Change in Trend. I expect next week shall be down week and rather seriously down week. Even Whole Month would be Seriously Down, as Time and Price Cycle have been squared.

1 comment:

Anonymous said...

Hello Mr.Syed,

thanks for all the posts. A while back you mentioned GS dropping to mid-140's.... do you think the time for fruition is now?

Patrick.