Thursday, January 19, 2012

Stock Markets ALERT!!!

I commence with my gratitude to The All-Knower

Markets are ready to reverse!!! A Strong time cycle is just about to manifest its strength on the financial markets.
SPY Long Term chart facing resistance
QQQ Forecast 1-19-12
SPY Forecast 1-19-12
US Financial Markets have approached a time cycle, which shall create reversal. Prices on S&P-500 widely traded ETF namely SPY and NASDAQ tech-laden ETF QQQ, have also reached certain price levels, where the price and time are squaring. I think today markets have put in the high, if not then maximum by tomorrow 01/20. See attached chart.

4 comments:

Anonymous said...

Thanks Syed!
Hope you are doing well.

Patrik

Anonymous said...

Thank you Mr Syed.

Herbert

beetlejuice said...

Just wondering if you are merely calling a short term high for the stock indices or are you looking for a major cycle high?
The dollar and bonds look somewhat precarious here and gold/silver look to be consolidating for another leg higher.

I have the urge to go short however things look so ambiguous at the moment.

beetlejuice said...

Just wondering if you are merely calling a short term high for the stock indices or are you looking for a major cycle high?
The dollar and bonds look somewhat precarious here and gold/silver look to be consolidating for another leg higher.

I have the urge to go short however things look so ambiguous at the moment.