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| NASDAQ Composite Analysis, Forecast 7-27-11 |
Thursday, July 28, 2011
Stock Markets Update 7-28-11
I commence with my gratitude to The Ultimate Knower
Stock Markets are just around the corner in their search for the bottom of recent sell-off, which was kicked off by my time cycle date of 07/25/11. Please see attached chart of NASDAQ. This index had shown more resilience during last 3 days of selling, and today, it sold off the hardest, (remember my rule, the one which stands the last, falls the hardest). Nevertheless turn is arriving and just a day (CIT date 07/29/11) and few more points away. NASDAQ support areas of reversal are 2755, 2744 and 2,730.
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1 comment:
Thanks Mr Syed,
Could you also comment on today's Hangseng Index pattern for our reference please?
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