Stock Markets Update 8-16-11

i commence with my gratitude to The Creator

Markets have stopped at the S&P-500 strong resistance level of $1,200 (just to trick some stops, it peeped up 3.5+ points and then tumbled today. Natural Harmonic Numbers always offer strong resistance, especially when they align with the time cycle.

Markets have pulled back 23.6%-25%, a normal and preferable pull-back under a rally or up trend. SPY and QQQ both have retraced with such amounts.

Is that it? Are we done with pull-back and now shall resume the rally? Of course, the price action shall tell the tale. However, based upon the current analysis, it seems that way. and that is the minimum retracement and pull back, I was hoping to get, to give another steam of buying.

Stock Markets - ALERT

I commence with my gratitude to The Creator

Markets have climed higher today. However, We must watch out the 1,200 price level of S&P-500. It is very strong price level and it is also a Natural Harmonic Number, A resistance, here and failure to climb above this number decidedly, shall be "NOT GOOD" for the markets. It could result in starting another wave down...!

Please understand that due to the market volatility, we ought to have all options open. Although, it is natural, to have a pullback upon hitting a strong price level as resistacne, and once we are clear above the 1,200 after the pullback, then S&P is looking for the targets as posted i.e., 1,222-1,225, and 12,53-1,260 (updated later in 12.25 PM)

Stock Markets Forecast of 8-8-11 Update on 8-13-11

US Stock Market Long Term Outlook -
Bear Market 2011-2013

I  commence with my gratitude to The Creator

Stock Markets decline have found resistance, thus creating a bottom, of recent sharp decline.
The severity of this decline has only two comparison in the recent history since last depression of 1930's. First was October 1987 decline and second of September 2008, and now we have August 2011 (Next such a sharp, even sharper, decline shall occur in the month of July 2012).

Markets current price behavior depicts that, US Markets have started a "GIANT" topping pattern. It is Head and Shoulder Pattern, spanned over the 14+ years. That shall mean if it materializes then, we shall have a devastating, countries destroying stock market decline in the future. That is the long term case scenario. There is small likelihood that markets might develop a expanding and yet a "topping" pattern, thus, attempting to eclipse the recent highs. However, as it seems, it is less likely.

Markets making a near term
bottom 8-12-11

Markets have expanded since 1987, in form of a 5 waves up trend, Where second wave started at the bottom of 1987, and culminating the 3rd wave at October 2007 top. 4th wave was the low March 2009, which was exact 61.8% retracement of all of the bull-run from a1987-2007 (a twenty year cycle).

Market shall have "very important swing" in March 2012 (most probably a bottom). Markets shall either go down into the November 2011 or even November 2012.

However, for now, Stock Markets have put in the near term bottom and it is perfect wave pattern bottoming process. Markets are potentially going up-to S&P-500, first level of resistance of 1,20-1,225 and then next target is 1,253-1,260. and Yes, World's stock market will be following suit.

Stock Markets Forecast of 08-08-11 (and of 08-06-11) Update

I commence with my gratitude to The Creator

Even paid fund managers and advisers are allowed to be wrong. By law, they cannot be held responsible for their mistakes, unless malicious intent was there. But here I have FREE Blog, and people demand me to be right and have no patience to wait to see the results of the forecaset. They want it on the spot delivery. Where is "The Explosive Rally"

The Answer given to you by the Markets (and of course by My Creator)!
Define the Explosive Rally? You define something with something when it is not. For example, light is light due to the comparison with the darkness.
Headlines say that today is the best day of recovery since end of bear market of 2008. WOW, what is Massive Rally!
Not even the end of bear market 2008 was marked with this significant recovery day or rally. That is the called the Massive Rally or Recovery.
Today from the low to high range: Dow range 638 points, Nasdaq 154 points, and S&P 71 points. All leader stocks rallied 6-15% today.

Yes My Time Cycles have air. and Yes, no need to apologize for some people's rudeness.
Headline used the word ROCKET HIGHER = Does that mean EXPLOSIVE RALLY?
You ask me where is the explosive rally? You can answer that yourself now!