I commence with my gratitude to The Creator
Markets have been consolidating, as previously noted in my forecast/analysis published on 06/12. As stated in my previous forecast, that, stock markets are in the making of a inverse H&S pattern, which once completed successfully, shall manifest into a higher highs than what markets have seen recently within last month or so.
Please see the attached chart of Dow Jones Industrial. Markets have broken above the downward trend-line, which has kept the markets down thus far. Once broken above the trend-line, markets started making the pattern, which is typical in bottoming process. 12700-750 AREA IS INITIAL RESISTANCE TARGET
I believe, that markets shall manifest their right and real direction after the time cycle, as predicted in my previous post. Next time cycle is June 16-18.
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| Market Forecast 06-14-12 |
Please see the attached chart of Dow Jones Industrial. Markets have broken above the downward trend-line, which has kept the markets down thus far. Once broken above the trend-line, markets started making the pattern, which is typical in bottoming process. 12700-750 AREA IS INITIAL RESISTANCE TARGET
I believe, that markets shall manifest their right and real direction after the time cycle, as predicted in my previous post. Next time cycle is June 16-18.



























