Stock Markets Update - ALERT

I commence with my gratitude to The Creator

I think, stock markets have done, what I have been anticipating, a retest of lows of 09/22.

I think it was a successful retest, which held the lows of 09/22. This retest was done by different indices. One was NASDAQ Composite and Russell 2000 Index, among others.

I'll post the charts later to illustrate.

Stock Markets Update

I commence with my gratitude to The Creator

I have been asked questions about my most recent post. I think, I might have not been clear enough.

What I stated was that, I expect a CIT on 09/27 (or 09/28 the latest) which will cause the stock market to retest the recent lows. I think we already had started the CIT on 09/27 in the afternoon. That retest, is very likely to happen sooner than most think. 

Important Price Levels to Watch: The Most recent low (on 09/22), of Dow Jones Industrial and S&P-500. 

Once These lows are not violated and they kept their support, then we shall experience a rally, which shall last several weeks, at least 4 weeks. 

However, if these lows give in then the BOTTOM shall fall off and Markets shall dive into downward spiral, sharply and very fast.

Stock Markets Forecast 9-26-11

I commence with my gratitude to The Creator

Markets are in the process of finding the bottom of recent swing and potentially a rally of several weeks, to commence shortly.

There are two time cycles coming in on consecutively 09/27 and 09/28. Thus, these dates are going to be very sensitive days for the financial markets as a whole. We shall have very volatile days within next 2-4 days.

I foresee one of these two dates (most probably, 09/28) the swing CIT date. That means that we shall have a retest of the 09/22-09/23 lows and then a sharp rally.