Bombay Sensex Index Forecast 01-11-12

Bombay SENSEX Forecast 1-11-12

I commence with my gratitude to The All-Knower

I really love and appreciate the Indian Financial Markets. These markets follow the laws to nature to "the T". May be due to the reason, that participate are more aware and open to the laws of nature, due to India's 5,000 plus years old cultural traditions, which are part and parcel of the lives of the people living Indian Sub-Continent.

Based upon my cursory view of the markets, it tells me that Bombay Sensex is poised to tumble NOW. SENSEX is ready to experience a reversal, price and time are squaring. I shall only another day or two, and up-to the price levels shown here in the attached chart. I believe that Thursday/Friday shall be start of reversal. Price has already met it target. In the event, if the markets does rally another day or two, then 16,480 and 16,622 shall offer resistance and create reversal, as they are being met within the time cycle, which rules the Indian SENSEX market.... Thus, get your short ready...

Stay Tuned for Asian Markets Analyses, including Indian SENSEX

US Dollar Forecast 1-10-11

I commence with my gratitude to The All-Knower

US Dollar Proshare UUP

I have just looked at the US dollar basket index symbol: DXY.

US Dollar is set for a massive rally.

It has been building a base for the last 2 years. Is it coincidence? I don't think so, as there is organised rythym in the financial markets. Dollar took from October 2010 to January 2011 to create the left shoulder of the base. And then, it just completed it right shoulder (in January 2012), which it started building from October 2011. It just cleared the cup-handle or neckline above the right shoulder.

US Dollar Index Forecast 1-10-12

Dollar shall rally for about 4-5 weeks then have correction for 1.5-2.5 weeks, thereafter experience a strong rally of at least 8 weeks.

What does it mean for the STOCK MARKETS and Precious Metals....!!!??? 

$86.40-$87.45 area is the first target

Gold and Silver Forecast 01-09-12

I commence with my gratitude to The All-Knower

Gold Weekly Chart

Gold has had very strong bull-run. As a matter of fact, it has been steadily rising and recently in a parabolic move from its break out of side-way or slightly flat/upward channel in January 2006. See attached Chart Weekly Chart i) and in the second chart which is similar chart but with more zoomed in view at the current price.

Gold Weekly Chart and Forecast

You shall see the price/time cycle channels labeled with pink, brown and yellow color have been dominant in gold moves. Gold recent drop to $1,532 level was supported by my discovered NHN price levels and the ascending brown and pink. Gold then rose to $1800 level, making a lower high and then broke down and then it broke below the brown and yellow channels lines, which offered support earlier in last week of September 2011. However, gold found its support at the lower band of the another ascending price/time channel, labeled with yellow color. Said ascending trend-line has kept the gold trend higher since the low of October 2008, the bear market low.

However, the resistance is very strong as well. Therefore, it is important to watch the ascending yellow channel lower band trend-line. Once that is broken then it shall create a serious sell-off. The opposite, in the case scenario, where not only the support of yellow line is held but gold also breaks above the brown and pink price/time cycle lines (These lines incidentally coincide with 200 and 21 days moving averages.). That shall mean another leg of bull run is yet to be completed...!!

Gold and Silver Forecast Update

I commence with my gratitude to The All-Knower

Tomorrow, I shall share with you one of very important charts, which are being sent to the subscribers. That is probably the most important chart. That charts tells the story of gold, whether it is heading for big decline or strong rally!!!............??

Stay Tuned!!!...