Friday, January 7, 2011

Financial Markets Are Due for Correction - Part II

I commence with my gratitude to The Ultimate All-Knower

Financial Markets are rules by the laws of Mathematics, thus Geometrical and Mathematical Patterns always found in the markets. These patterns create change in the markets. Circle (when stretched, it becomes ellipse) and Squares (when stretched, become rectangles), create important reversals in the Markets. When using such patterns, I am looking for important reversal in the markets.

I just drew these patterns on QQQQ chart. The today's high of NASDAQ 100 ETF (QQQQ), which has been the market leader, until now, is showing that it must turn Now, it could be as soon as Monday 01/10/11.

Thursday, January 6, 2011

Financial Markets Are Due for Correction

I commence with my gratitude to The Ultimate All-Knower

Financial Markets are due now for correction.

Financial Markets Forecast - Update

I commence with my gratitude to The Ultimate All-Knower

Today is the day, when shorting is the most prudent trading strategy. Time cycles are over-due for change in trend.

AAPL Time and Price Cycles Squaring - Update

I commence with my gratitude to The Creator

AAPL has hit its first profit target.

Today is also a CIT time cycle indicated on the AAPL Price/Time Squaring Chart

Wednesday, January 5, 2011

Do Not Fight The Tape, BUT...........

I commence with my gratitude to The Creator
There is an expression on the Wall Street, which is "Do Not Fight the Tape."
Any smart and prudent trader does not do that. Even if he/she thinks that the trend is due for change. However, at said juncture, the best strategy is,......to nibble and stay nimble,...... keep the stops very tights,..... once you are in profits. And above all do not hold positions over night. Because when trend is due for change. And if it does not happen during the trading day, then worst thing might happen, during over night session, when market is closed.

Financial Markets Update

I commence with my gratitude to The Ultimate All-Knower

Broad market continued its fall since yesterday. All European and Asian indices were down. The 01/04/11 Time Cycle really hit hard. Gold and Silver along with other metals were down the second day as well. Gold ETF (GLD) has violated its 50 day moving average. Its test of this crucial support was tested a few time before within last several months. However, this time it does not look good.

I would not trust any up move of the Financial Markets now. It may very well be a bull-trap. The up move has to be validated by a break above the SPX resistance (previosly forecasted in December post) 1,272 and its test as support. I would look for a short opportunity until then. Be careful after the lunch. The future trend of the markets could be shown in the afternoon. .

Tuesday, January 4, 2011

Time Cycles 01/04/111 Update

I commence with my gratitude to The Ultimate Knower

I had forecasted to watch out for time cycle of 01/04/11. Today Gold has dropped over $38.00 or 2.75% in one day. Oil has dropped over 2.5% and other indices are down, as well. Time Cycle rule the financial markets.

Monday, January 3, 2011

AAPL Time and Price Cycles Squaring - Update

I commence with my gratitude to The Ultimate Knower

AAPL did exactly, as the analysis, predicted. It had gapped up.
Thus, it shall reach its profit targets.

Financial Markets Update

I commence with my gratitude to The Creator
Markets showed their strength (see my previous forecast of last weeks of December). Therefore, the rally shall continue. 
Next time cycle to watch is 01/04-01/05 for any sign of deterioration, then it will be time to close long position by taking the profits. 

Sunday, January 2, 2011

Financial Markets Forecast - 01-02-2011

I commence with my gratitude to The Creator

Are the markets going to continue their, high flying journey, to even higher targets??........................ Failure to have a serious correction in November/December, has put a lot of pressure on the markets, according to the time cycles. Markets may jump up for next couple of days, as previously suggested up-to 01/04-01/05, but if they start showing the weakness, from the first two day, then all bets are off. January month could be very tough for the markets.

There is cluster of several mathematical time cycles including 30, 180 days, Mercury mathematical time cycle, due in the first week of January. and Its manifestation could start earlier than 01/04!!!! (we have already hit a profit target for S&P previously shown on 12/27/2010, see the chart below)

Once, the markets get through the month of January, then we can look for another high in March or June.

Therefore, next couple days are very important to watch. If I am correct in my assumption that current DNA of the markets is similar to that of 2007, then markets might get sold off, more than one is estimating. In that case, markets will be making a swing low in the last week of January 2011.

AAPL Time and Price Cycles Squaring

I commence with my gratitude to The Ultimate All-Knower

I have recently done AAPL Time/Price Cycle analysis. The chart shows price and time cycle squaring lines at certain angles. These angles are AAPL's DNA rulers. The trend has been controlled by these squaring angles lines. Based upon this, I expect AAPL to gap up on 01/03/11. If it gaps up, then it shall try to reach its first target in the zone of $335-338, within very short time, most probably before 01/06/11. Next target is Zone of $363-$366. Which is also very likely in January 2011.