Tuesday, August 2, 2011

Stock Market Time Cycle Update 08/02/11

I commence with my gratitude to The Creator

With price dropping lower than the Friday's level, would take price levels to test the lows of 06/23 and or 06/16.  Good part is that based upon my proprietary time cycle generators, 08/03 (another date is 08/04) is the CIT date and it could manifest at (-1) interval. That could potentially change the whole scenario back to bullish.

2 comments:

Anonymous said...

Thanks. I feel so upset for the markets decline, hope your forecast come true!

Raziel

Hasgo Trading Company LTD said...

The final vote is in and the debt plan passed 74-26. We're not seeing the relief hit the markets yet because no one knows the details of the deal. The uncertainty will continue to weigh on the markets until we get some clarity into the plan.