Monday, July 25, 2011

STock Markets Forecast 7-25-11 FOLLOW UP

I commence with my gratitude to The Ultimate All-Knower

The Time Cycle of 07/25 did stop the rally from last week at its track. Asian Indices NIKKIE, HANGSENG, and SHANGHAI INDEX and S&P ASX dropped including European Indices, DAX, CAC, FTSE dropped 50-60 points from the close of Friday's. US markets followed.
Would this time cycle continue to pressure the markets?

Results are yet to be seen? The High of Friday, shall be "the clue", if that resistance is cleared by the markets, then time cycle of 07/25 is done with its strength, otherwise, if markets break the low of the Monday, then decline shall continue for next 4 more days!!

2 comments:

Anonymous said...

Hello Mr. Syed,
thanks for the posts again!

I just wanted to clarify, you mentioned that if the high of Friday (resistance) is cleared by the markets then the time cycle is done with its strength. Do you mean that if we go higher than last Friday's high then we could go much higher and the time cycle is not done with its strength?

Sorry for the confusion.

Patrick.

十郎 said...

Appreciate so much for your forecast!