Saturday, December 24, 2011

Merry Christmas to All of My Dear Readers

Merry Christmas and Happy Holidays
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I wish all of you and your loved ones, a very Merry Christmas.
and Happy Holidays
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Friday, December 23, 2011

Stock Markets Update

My Forecast of 12/13/11
I commence with my gratitude to The All-Knower

Stock markets did exactly as I have shown on my  chart I posted back on 12/13.
Result of the forecast 

I predicted on 12/13 that market is going to drop to create a right shoulder. As you can see market has done accordingly.

Thanks to GOD!

Market either shall gap out to clear the resistance or shall consolidate here at this level to gather the energy to gap above the resistance.

Thursday, December 22, 2011

Stock Markets Update 12/22/11

Forecasted a market turn
Chart posted 12/13
I commence with my gratitude to The All-Knower

I had published the following chart in my 12/13 post ( view post) that market is creating a right hand shoulder and I predicted and showed on the chart 120 area to be the support and reversal zone for SPY, especially when it aligns up with the time cycles.

Market Forecast Update, 
12/14 time cycle did create a turn, however, as I stated in my time cycle alert that if 12/14 turn does not sustain, then I am looking around 12/16.
Market made a swing low on 12/19 (which is +1 trading day of 12/16). There was strong indications that market has made swing low as indicated by the indicators on the chart.

Stock Market has followed my time cycle predictions as anticipated. I was expecting a swing low and rather a right shoulder to be formed around the dates of 12/16, which is did in the price zone of $120, as shown on my chart.

Review the older post to see the future market turns dates.



Gold and Silver Forecast Update

Gold Forecast of 12/14 and
12/18 time cycle Update
I commence with my gratitude to The All-Knower

I had alerted my clients and you as well, that 12/18 was an important time cycle for gold and silver.

Previously I had forewarned that $1,562 was an important support, which NEVER GOT VIOLATED. I had stated in my previous post about gold and silver, "If you were part of my advisory group, then you would have known that once 1,595 is broken then look for support at $1,562 range."
Silver Forecast Update of
12/18 time cycle


From the $1,562 low, gold has bounced off as much as $77 or $7,700 profit per contract or from 12/18 time cycle, it has bounced off higher as much as $55 or $5,500 profit per contract.

Look out for an update later today!!

AAPL Forecast Update

I commence with my gratitude to The All-Knower
AAPL12/19 Forecast Update

AAPL Forecasts have been on the correct, thanks only to The Almighty. (AAPL is one of few, I specialize in)
I had forecasted in my AAPL forecast dated 12/13, "IF November 25th was not the major low, then I am looking at December 19"

12/19 time cycle created one of the longest UP bars within 30 days
AAPL is up $18+ or 4.7+% since the 12/19 time cycle low.
$411 area is the first target of resistance and profit taking.