Stock Markets Forecast of 7-27-11 Update

US Stock Market
Forecast Update of 7-27-11
NASDAQ Composite 

I commence with my gratitude to The Ultimate Knower

I had published an analysis of the markets, using the NASDAQ Composite, as it was one, which suffered the most losses, and guess, which one had the biggest rally of the day. Laws of Universe!
NASDAQ went to my first support level for reversal (2.7 points higher than my predicted level 2,755 for reversal ) and then market reversed. I expect the markets to do retest of the low of yesterday's and then go higher.

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

I commence with my gratitude to The Creator

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