I commence with my gratitude to The All-Knower
Market has gapped up and some opened and knifed through the resistance, as shown on my charts posted yesterday. This is what I was expecting rather, requiring of the market to do, which it did. Sun/Jupiter have shown its power of excitement.
So long is the prudent and smart strategy until next time cycle ingress. As long as Bulls can protect the support, which was resistance earlier, until yesterday.
Showing posts with label Market Forecast 3-5-11. Show all posts
Showing posts with label Market Forecast 3-5-11. Show all posts
Wednesday, April 6, 2011
Tuesday, April 5, 2011
Financial Market Time Cycles ALERT! 4-5-11
I commence with my gratitude to The All-Knower
Time cycle has shown its strength but only limited to Tech-heavy NASDAQ. and NASDAQ-100 has retraced from its Friday's high at least 50% of the last up-swing.
When market only corrects for less than 3 days, then the Bulls are in control. and My original assumption of an exhaustive rally into May June might still be valid
Time cycle has shown its strength but only limited to Tech-heavy NASDAQ. and NASDAQ-100 has retraced from its Friday's high at least 50% of the last up-swing.
When market only corrects for less than 3 days, then the Bulls are in control. and My original assumption of an exhaustive rally into May June might still be valid
Subscribe to:
Posts (Atom)