Stock Markets Update 7-28-11

I commence with my gratitude to The Ultimate Knower

NASDAQ Composite Analysis, Forecast 7-27-11

Stock Markets are just around the corner in their search for the bottom of recent sell-off, which was kicked off by my time cycle date of 07/25/11. Please see attached chart of NASDAQ. This index had shown more resilience during last 3 days of selling, and today, it sold off the hardest, (remember my rule, the one which stands the last, falls the hardest). Nevertheless turn is arriving and just a day (CIT date 07/29/11) and few more points away. NASDAQ support areas of reversal are 2755, 2744 and 2,730.

Stock Markets Update 12:36 PST

Stock Market Forecast Analysis
QQQ hourly chart 7-27-11

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Stock Market Analysis, Predication
QQQ Chart 7-27-11

I think stock markets are putting in spike low and it will be retested . The gap of 07/19, which lead the market higher is holding strong. The gap might be tested by fading it and then market would have made higher low (or same or lower low, depending on indices), a double bottom, before blasting up higher. And best alignment of time and price would be the earliest on 07/29/11

Markets Update

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Markets have broken the low of Monday, therefore, the long positions have been closed and looking to enter short, when opportunity presents. Or wait it out when market present solid long entry. Next time cycle for change is on 0/31/11.

Stock Markets Time Cycles Update 7-26-11

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Based upon the studies of time cycles and their strength (the ability to create the rally or correction of a certain size), I believe that correction is completed. There are many signs fashing, that stock market shall go higher from here on, into the next time cycle for CIT, despite the debt ceiling fiasco and drama being "Played Out" by the actors in the Washington DC.

STock Markets Forecast 7-25-11 FOLLOW UP

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The Time Cycle of 07/25 did stop the rally from last week at its track. Asian Indices NIKKIE, HANGSENG, and SHANGHAI INDEX and S&P ASX dropped including European Indices, DAX, CAC, FTSE dropped 50-60 points from the close of Friday's. US markets followed.
Would this time cycle continue to pressure the markets?

Results are yet to be seen? The High of Friday, shall be "the clue", if that resistance is cleared by the markets, then time cycle of 07/25 is done with its strength, otherwise, if markets break the low of the Monday, then decline shall continue for next 4 more days!!