Monday, August 8, 2011

Financial Market Time Cycles Update

I commence with my gratitude to The Creator

Although, markets have broken through the supports (which is common factor during the Mercury Retrograde period), but sometimes, it fools people to think, that we have further decline coming (which will come but not straight fall). All markets moves occur in wave formation, which is harmonic to the Laws of Nature. Therefore time cycle are still valid. There is time cycle of 08/08 (08/05 +1 trading day), which was due today. Markets have crashed into it.
Markets are very prone to an explosive rally right now, regardless of the breaking of the support, which wouldn't be expected if it wasn't Mercury Retrograde.

However, it has been confirmed due to the severity of decline, that we have bear market on our hand. All rallies would be bear market's rallies.

1 comment:

Anonymous said...

It will be a dead cat bounce or the beginning of a new rally trend?