Friday, February 10, 2012

Stock Markets Forecast Update

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Market Forecast 002/09

I had stated this yesterday, "My tweaked indicator is saying we have a top. Potential Island Reversal...... potentially staring as early as from tomorrow."
Results after the forecast
Markets gaped down as I had forecasted... I forecasted a gap down and gap down occurs...
See the attached picture, posted yesterday... Another forecast comes to fruition. 


Thursday, February 9, 2012

Stock Markets Forecast We have Correction at our hand..ALERT

IWM Chart -
We have a top, 2/9/12
I commence with my gratitude to The All-Knower

Stock Markets are trying very hard to get higher, but strong resistance caused by selling by the smart money is causing them to stop dead in their tracks.

What interesting is ... to see the markets intra-day action. Market has been selling off, right after the open, this is where, smart money had been selling, then at the EOD, market is propped up, but ironically, it has been trading in within the range of the previous day(s). Thus creating doji for the last four trading days. IWM, which is the ETF, representing 2000 stocks from US stock markets, has been showing sign of real weakness. See the attached chart.

My tweaked indicator is saying we have a top. Potential Island Reversal...... potentially staring as early as from tomorrow. The momentum has peaked in prior tops, at/about same level, as shown in the chart. Said pattern of momentum indicator, has successfully called the tops in the past. I believe that is the case now, again... Therefore, get a list of your favorite shorts ready....

AAPL Forecast UPDATE

AAPL Forecast Chart 2-8-12
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Based upon today's time cycle, today highest price is shown on the enclosed chart. It was created yesterday, after the close.

AAPL UPDATE - ALERT .. It is Completing Its Time Cycle Squaring

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AAPL is approaching its time cycle reversal zone . 02/09 is its time cycle reversal. It is very strong time cycle. Like other time cycle, it acts as attractor and repeller.

Yesterday, AAPL triggered the energies from 3 sensitive points. Today, it is trading within the range of $486.52, (squaring from 10/04 low)  $487.11 (squaring from the most recent swing high), $488.45 (squaring from the low of day 01/24 before the gap up). The Price of $490-$497 +/-, completes its Time/Price Squaring...

Yesterday, AAPL triggered the $ 477.70. It was the high of day on 02/08 (after hours). AAPL also triggered $472.89 (high of the day in premarket was $472.32) and low of the day of trading day was $469.70, which is a few pennies away from one of the sensitive energy triggers. See the AAPL Forecast.. 

Tuesday, February 7, 2012

Apple Computers, Inc. (AAPL) Forecast Update

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On December 13, 2011,, I successfully forecasted that AAPL has put in the bottom (during the said time period of Nov-Dec 2011) and I said, :AAPL is following its dominant time cycles, regardless of the price action of the general stock markets. ...I further added that,,, .....IF November 25th was not the major low, then I am looking at December 19 and then 01/18-01/19, as major turn and 02/14, another significant turn date. I think, one of these shall create a major low, from which AAPL shall have parabolic move.

AAPL Forecast 2-7-12
Well, 11/25 was the low, but break out low was created on the forecasted date of 12/19, when it broke out and since it has galloped over $92. That is huge move of over 24% since my forecast.

Now, the equity has reached a time cycle, which shall create reversal. Furthermore, price cycle shall be squaring at $477.72 and the time cycle of 02/09 shall complete this squaring. I see other prices of $467.47, $469.98, $472.89. When these prices are achieved on or around 02/09, then AAPL would square in price and time. The other important prices are $465.32 and $481.48, 482.37-$484.31, but they are squaring from another reflection point, which is closer than the other prices' reflection point. Sometimes, closer price swing low reflection point also matter in price squaring. Nevertheless, these are the sensitive points, and they must be triggered to created a reversal... BTW, there is another time cycle coming in next week, also (Please refer to my previous forecast of 12/13/2011)

STAY Tuned for AAPL Forecast


Market Forecast Update

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Russell 2K
IWM Chart Forecast
I was looking at some other charts during the day and I saw an amazing pattern on Russell 2K Index ETF, IWM. Just like SPY and QQQ it has gapped up on 02/03 and since then (it is 3rd day today), it has been unable to break out. from the price range of 02/03. It has also reached the downward trend-line starting from 05/02/2011, which pushed down the markets also on 07/07/2011, that resulted in the global sell-off.
IS IT GOING TO REPEAT IT AGAIN...??

The 02/03 price is also an 1.618% (golden ratio) extension  the leg down which occurred during Oct-Nov 2011. My favorite tweaked momentum indicator, has successfully indicated the top in the past, it is showing that again...
We have the time cycles indicating a reversal zone... Watch out ... for correction in this week. 

Stock Markets Analysis & Forecast

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Market Forecast with
Proprietary Indicator

Markets, after having small corrections, have been dragging itself on its way higher. On the surface, it seems that markets are ready to gallop higher than current price levels.  However, we need to look at the history of time cycles, which tells us an interesting pattern.

See attached chart. This proprietary indicator, has always been successfully calling the markets' tops since last several years. There have been only two instances,where it indicated a top, which only resulted into a small correction. Which is the case right now...? Only the time will tell.

QQQ Chart with NHN
However, based upon the NHN powers, some indices such attached as, QQQ chart, has reached a certain NHN number which offers strong resistance, especially for some equities or indices. It has not done so for QQQ in the past. Would it do now for QQQ?

What I think is that market shall have small correction now and then shall go higher into the next time cycle of Feb 17-21 week and then shall experience a sizable correction (if that does not happen now).. Nevertheless current week ending 02/09 has an important time cycle which does create reversals. Next time cycle is as said earlier, 02/17-02/21