Friday, June 15, 2012

NFLX Forecast Update

I commence with my gratitude to The All-Knower


Trade set ups are given e.g. on 05/31, the NFLX (not hand holding of one's. )
Trade management is the KEY to keep one's alive in trading (and one's capital  )

NFLX found support on the forecasted level, on the date of published post.

NLFX flushed out some more sellers the next day, by a false break of the support, only to close above the forecasted price level.
Then trade galloped  whopping 10% in merely 4 trading days. That is 550% annualized return.

Manage the good/bad trades (Who is Perfect? )
Do not let profits evaporate in front of your eyes.
Then you shall be A-OK 


Thursday, June 14, 2012

Gold and Silver Forecast of 05/15 Update

I commence with my gratitude to The All-Knower

I had forecasted and given a trade set up for Gold and Silver Index XAU on 05/15.

Gold/Silver Index XAU Forecast 
I said, " It also touched one of the proprietary indicators of price/time cycles lines, which offer strong support, sitting right at the $144 level." I further added, "  Therefore, a strong rally is expected in XAU and targets are $166 and $172. That means a strong rally in Gold, Silver and GLD, SLV etc."

Well, on said date, XAU was trading in the range of $144, in the early morning. However, it failed to hold this level by the end of the day. It had reached this price level on a time cycle date. Therefore, a reversal was imminent. 
The next day, I was proved correct and XAU regained the level of $144, as shown in the attached chart, as the horizontal line. Since then, XAU (and Gold, Silver, GLD, and SLV have rallied, also). XAU achieved the predicted price level of $166, which proved to be very strong resistance, thus causing a reversal into XAU. Actually that day, XAU traded briefly above $166 and then was rejected at this level.

Stock Markets Update

I commence with my gratitude to The Creator

Market Forecast 06-14-12
Markets have been consolidating, as previously noted in my forecast/analysis published on 06/12. As stated in my previous forecast, that, stock markets are in the making  of a inverse H&S pattern, which once completed successfully, shall manifest into a higher highs than what markets have seen recently within last month or so.

Please see the attached chart of Dow Jones Industrial. Markets have broken above the downward trend-line, which has kept the markets down thus far. Once broken above the trend-line, markets started making the pattern, which is typical in bottoming process. 12700-750 AREA IS INITIAL RESISTANCE TARGET

I believe, that markets shall manifest their right and real direction after the time cycle, as predicted in my previous post. Next time cycle is June 16-18.



Tuesday, June 12, 2012

Stock Markets Analysis Update

I commence with my gratitude to The All-Knower
Stock Markets Update 06-12-12

Stock Markets have rallied sharply into price level, which is marked by my proprietary price/time cycle line resting at $134.30 for SPY. This price level's energy is emanating from June and July 2011 highs, which created a sharp sell-off last summer, which lasted until October 4th of last year. However, SPY closed at the end of the day another price/time cycle band, which is at $131.40. If SPY stays above the $130 level, then it shall be forming a right shoulder of a bottoming H&S pattern. Which shall manifest into the another leg up, with the price targets around May's high of 2012. Markets must stay above $128 to keep the markets' up-trend in contact.
Stock markets forecast 06-12-12

Important time cycle to watch time cycle of June 16th-June 18th for price reversals.
Markets might complete the right shoulder by 06/13.



Monday, June 11, 2012

GOOG Forecast Update

GOOG forecast 6-11-12
I commence with my gratitude to The All-Knower

I have previously forewarned, you about the GOOG selling, when it broke below the $599 area. It, then, fell hard to $566 area. At said juncture, you had been warned also to lock in your short trade profit, as GOOG was primed to bounce, which it did, (From $566 to $587). Its failure to reach $595 zone, was an imminent sign of stronger technical failure, which manifested into a quick drop of $20 in 3 trading days.

Please watch the current price levels.. Once GOOG fails at the $566-$568 levels, then previously forecasted selling of $100 would be in the books (from $599 levels)

Please watch the price areas as noted on the chart, as potential support areas, resulting in swing lows.