Stock Markets Forecast of 12/05-11

Asian Markets result of 12/06 forecast

I commence with my gratitude to The All-Knower

I had predicted 12/06/11 to be a day of consolidation or down day.

US Markets result of 12/06 forecast

Asian Markets, European and US Stock Markets spent their days in doing the same, consolidation or down.

European Markets result of 12/06 forecast

Thanks Almighty, forecast came to fruition...

Gold Forecast of 12/05/11 Follow Up

I commence with my gratitude to The All-Knower

Gold Forecast results

I had forecasted that gold and silver shall find support at about 10-11 am Chicago time, and I stated, "I shall be looking for bounce around 10-11 AM Chicago time on 12/06, especially, if gold falls into the harmonic price numbers as shown on the attached chart."

Silver forecast results

and thanks to The Almighty, gold came right into my price target of $1,704 and bounced, as time cycle of 10 am Chicago time got hit. Silver bounced of $1.20 (worth $5,000 per contract) or 3.79% and gold jumped off $25.00 (worth $2,500 per contract) from this time and price cycle.

Gold Commodity Forecast 12-06-11

I commence with my gratitude to The All-Knower

Gold Forecast 12/06/11

Gold has been following its typical and dominant time cycles. Silver shall be following its golden peer.
I shall be looking for bounce around 10-11 AM Chicago time on 12/06, especially, if gold falls into the harmonic price numbers as shown on the attached chart.

If gold does not reverse around this time cycle and just an up-wave is created during the current down trend, which started from 12/02/11, then it shall continue its current trend until the next time cycle. Next strong time cycle which SHALL CREATE A REVERSAL on 12/11 am. It being a weekend day, then I shall be looking for reversal on 12/09, or 12/12/11 (most probably on 12/09).

Stock Markets Time Cycle Forecast of 12/05 Follow Up

I commence with my gratitude to The Creator

Stock Market Forecast results. 12/06

I had predicted a down day for 12/06, and said the following,"I see tomorrow as consolidating or down day ( it might start showing up later this afternoon)"

Well, it is already manifesting in Asian Markets and as stated in my forecast, that the down day effect started showing up from 12/05 afternoon market hours.

Stock Market Time Cycle Update - 12-05-11

I commence with my highest gratitude to The All-Knower

Stock Market Forecast 12-05-11,
QQQ Chart

I had stated in my last post, and underscored that only Gap above the prices of 12/01, would keep the continuation of previous trend, which had started on 11/25/11 and I stated, "Unless the markets gap up on 12/5, my forecast shall remain valid until the next CIT date"

You need to understand the energy of gap, which is created by stronger time cycles. Well, we did have a gap on 02/02, but it failed to keep the prices higher on the said day. We have second gap up today. Today's Gap shall keep the prices higher until the next time cycle of 12/08/11.

Using QQQ as reference, first strong resistance shall be offered by $58.10 area and once that is overcome, next threshold shall be  $59.09 area. Especially, if area coincides with next time cycle of 12/09 (+/-1). That time cycle shall create a strong reversal. $56.85-$57.10 area is first immediate support and followed by $56.01-$56.19 (another area to watch $56.30) area.

I see tomorrow as consolidating or down day ( it might start showing up later this afternoon) and then leading to the next CIT.