Stock Markets Update 6-8-11

I commence with my gratitude to The One Who Is All-Knower

Russell 2K Index and Nasdaq Composite, and NYSE Composite Index on verge of loosing all of the gains of this year.

Stock Markets Forecast 6-7-11

I commence with my gratitude to The All-Knower

I was just looking at the markets with greater depth of analysis. and I noticed that it just recently touched off one of my watched levels. 34-Weeks MA. This along with other smaller Fibonacci numbers, 21 and 13 are great long term trend  indicators and tools. 1,284.32 was the exact level, where it sits right now. Once that level is broken, we market will go down to 1180-1200 level. which is about to occur, sooner than the most analysts think!

Stock Markets Update 6-3-11

I commence with my gratitude to The Creator

Break and failure to hold and recover SPX 1,295 is very ominous for the markets. Selling momentum has not peaked yet, therefore, it has more ways to go down.. See the attached chart.