Stock Markets Update 01/01/2014

Commence to my gratitude to My Creator.


Once again, Happy New Year,

It might be prudent to review at the markets as new year has approached and see, what to expect in the coming next two weeks.

My proprietary indicators are showing that the market looks tired and shall pause. S&P might even come back to test the highs of previous consolidation the range of 1,805-1815. See attached picture here.

It seems some people might want to lock in the profit, before markets go higher. I think pause might last 7 days or even up-to 3rd week of January.

Stock Markets Forecast Follow Up 12-20-13

Commence with my gratitude to The Creator.

I have alerted you on October 10, 2013 for an impending strong bull run/rally, when market was trading at 1,656.40. Market ramped up the gains since then. I had followed up with another post published on 10-21-2013, that once 1,760 level is cleared then look for 1,802-1,812 price targets. My first target of S&P price of 1,802-1,812, was achieved on 11-18-2013. The price range of 1,802-1,812 proved to be strong price cycle and kept the stock markets at bay for about a month. During this consolidation, Markets came back to test my balance point, which I specifically stipulated  and it was at 1,760-1761 range. S&P came to the range and made a low at 1,767 and rallied a strong run up on 12-18. That balance point was so strong that it pushed the markets high decisively. On said date, Dow Jones Industrial rallied about 300 points and S&P daily range was 43 points or 2.4%.

This is what balance point does... This is again God's Blessing that He has blessed me with the insight. Balance points is a discovery, which was bestowed upon me, during my quest for learning the sacred and secret inner workings of the financial markets . 

My proprietary system is confirming an uptrend, which is not finished yet. Please see chart attached. S&P has cleared the channel and now the stock market is heading for upper band of the channel, which sits at 1,940 range.

Once the last bull run is finished, REMEMBER, I am calling it the last impulse wave of this bull run is over, Stock Markets shall have very SEVER AND QUICK
CRASH OF AT LEAST 30%-38%. That shall be addressed in the next post.