I commence with my gratitude to The Creator
US Stock markets have dropped despite the big rally (1.5% to 2.2%) in the Asian Markets. If you watching Asian Markets and then European Markets (up-to 1.75% higher) overnight, then you would have doubted my forecast of further decline to come. But it happened again according to my forecast. Thanks only to Dear Almighty for The Blessings of insight.
If you remember, in one of my time cycle forecasts, I have indicated a time cycle ingress on the weekend (06/24 to 06/27). If the market does not reverse during this time cycle (Monday the latest) then the decline shall continue until July 4th weekend. If market continue to drop from Monday, it shall be quick and sever one!!
Look for the price targets in my previous posts.
9 comments:
Dear Mr. Syed,
Thank you for your continued great calls. My "systems" have been in synch with you except now they make me get long. I've learned to respect your wisdom but have placed my bets for a bull move. At least you have indicated that it is a possibility so I'm not totally discouraged.
Thanks again for all that you do.
thank you mr Syed!
I am obliged by your generous gratitude.
Thanks for being a reader of the bogl
Hello Mr. Syed,
is it possible we may see the high for the week today and then head back down starting tomorrow right into Friday?
Patrick.
Smart guy you .....
Mr Patrick
It's ver likely
Especially when precious metals and crude oil is being sold.
thanks for the compliment Mr. Syed,
i guess i became smart by watching your charts closely.
The overall trend is down till the 1st or 5th. It is very interesting to note last year's turn dates around this time... repeating pattern? I'll leave it up to you (the expert) to respond to that.
Patrick.
p.s. is this what you call a bear trap?
This is what U call a trap created by bulls
Bulls-trap
Thanks for explaining that Mr.Syed.
Moon/Mars conjunction tomorrow which square Neptune. Should be a very volatile day tomorrow. Looking forward to your analysis later today.
I'm short as of an hour ago. Divergences on momentum.
Patrick.
The metals have options expiry tomorrow right?
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