I commence with my gratitude to The All-Mighty
I had alerted you for Dow Jones Industrial resistance price area of 12,700-12,750. Furthermore, I had alerted you about time cycle for reversal into the markets' prices. Dow Jones stopped around the predicted price zone on 06/15. Similar price zone proved to be a strong resistance on 06/18, also. See the chart attached.
All indicators are pointing in an agreement for a pull-back or consolidation. Market has reached a juncture, where it is highly probable for a pull back/consolidation. see attached.
If the current time cycle is not reversal time cycle, but instead a inverse time cycle, then markets will not pull back or consolidate here. Then, I am looking at a higher price target of 13,000-13,030. Beyond that Markets shall find a strong resistance rather a brick wall zone around 13,190, and 13,290
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| US Stock Market Forecast 06/18 |
All indicators are pointing in an agreement for a pull-back or consolidation. Market has reached a juncture, where it is highly probable for a pull back/consolidation. see attached.
If the current time cycle is not reversal time cycle, but instead a inverse time cycle, then markets will not pull back or consolidate here. Then, I am looking at a higher price target of 13,000-13,030. Beyond that Markets shall find a strong resistance rather a brick wall zone around 13,190, and 13,290
