Stock Markets Update 04-20-11

STock Market update 4-20-12
NASDAQ Chart

I commence with my gratitude to The Creator

Markets have been working within a tight range since 04/09/12, and since when market broke below the previous support (which has become a resistance now). This resistance level lies at 3,050 for NASDAQ, 1,388-1,390 for S&P-500 and for DJI is at the level of 13,000-13,010.
Once these levels are taken over solidly, look for new market highs till the next big time cycle of October 2012 (with smaller time cycle creating smaller pullbacks on the way up).

I think market still has some juice left, before it runs out of the bulls-fuel..

Once AAPL takes over the $644, look for the level of $726 level to offer resistance...

Stock Market Update @ 14:50 PM CST

I commence with my gratitude to The Creator

Markets are testing important support zones on all indices.

Please see the attached chart. Once this support is held then, we shall have a rally. ...

I had received some questions regarding the last 2 posts. I have laid out 2 scenarios. Once and if the support as shown in this post and couple of days ago, is held, then a rally shall ensue. Otherwise, the break of support shall make the markets to spill over to the fast sell off....

Stock Market Update ALERT

I commence with my gratitude to The Creator

Stock Market Update ALERT

Stock Markets are experiencing a pattern, which is similar to the topping pattern. Is this the one?
Only the time will manifest it.

However, as stated in the previous post that certain support levels must not be violated. If they are violated then we shall start a new leg down until the end of the month....