Financial Market Forecast of 10-14-10 Follow Up

I commence with my humblest gratitude to The CREATOR The Most Benevolent The All-Knower

Yesterday someone left a comment in response to my yesterday's forecast that I forecasted on September 30th for the correction and it did not occur, the poor chap did not look at the chart that we'd 3 days of correction from 9/30th. I am aware and appreciate the fact that there'll be some misses, but not that one. If one does not know how to trade the forecast, don't blame on the one who brought you the forewarning.

Today was the day of CIT. And Today, Gold dropped $25 from $1,388 to low of $1,263 and Dow Jones Industrials dropped 130 points and it started dropping right from the open. Time Cycle is what matters the most in the financial markets and this is my speciality and or special interest.
And gratitude is due only to The Most Magnificent for blessing the knowledge and ability to share.

Financial Markets Update 10-14

I commence with my humblest gratitude to The Ultimate All-Knower

Are the marketa having a reversal today?
Well, markets have extended their rally beyond the important time cycles of last week. They are over-extended rather on a borrowed time. We have a time cycle date ingress tomorrow. When the markets are overextended as they are right now then the time cycle can influence a day earlier as well due to the markets' vulnerability of prices.
We are looking for an engulfing reversal bar or some kind of doji, preferably a hanging man, hammer or inverted hammer in the market prices to confirm my forecasted time cycle reversal due tomorrow. Moreover, we are just shot away from double top of many markets. Double top doesn't have to be at exact same price levels, it could be a lower double top and in several important and intermediate to longterm tops were lower double top on the right side of the chart, for example NASDAQ Lower double top in late 2007 and Aug 2008. QQQQ is already reached the April 26th high (this date was forecasted by me also, before it occured). So, be prepared......

Financial Markets Forecasts Update

I begin with my humblest gratitude to My Creator, The Most Gracious for the blessing of knowledge and then bestowing the ability to share

I was just walking in the garden of my (new) residence, while gardner was working in it and when I saw him trimming at the top of privacy hedges, a picture of the markets flashed in those hedges and a flash of memory came.

Do you remember my analaysis and forecast at the beginning of the year? I forecasted that year 2010 shall be like year 2004, i.e., it would a year of no return, if you are a longterm investor. We would experience a double top in the later part of the year, with the high at the dawn of the year. See the picture, I posted at the dawn of Year 2010. Click on the chart to see the prediction and click on the link to visit the older post.

Financial Market Update

I commence with my humblest gratitude to The All-Knower, The One Who Is The Greatest

Trading with the frame of mind of "Expect the Unexpected", always been helpful to make me a successful trader, whenever I had the pleasure and blessings of being so, the opposite has been true in the cases, when I wasn't and had the ego of not accepting the Unexpected.

The time and price cycles were in place and could only create the congestion and sideways price move within markets (which lasted in some markets for about a week), thus creating an inversion of the cycles.

If the markets continue to go higher (which seems likely), we may continue this trend into next of my time cycles turn date of 10/15/10, then beyond that I have 11/6, 11/11, 11/18, which coincides with spiral date of 11/19.

I still don't have the luxury of internet at my home-office, it's scheduled for 10/15. Therefore, I can't do any in-depth analysis or charting. (iPhone is very handy for situation like these)

Financial Markets Forecast 10-10-10

I commence with my humblest gratitude to The Most Benevolent

In the new home, along with settling after the new move, which includes unpacking, there are always challenges of getting utilities set up. Thus far, minor complication or delays have arisen in the installation of Internet and landline (telephone). Regardless of all the process of move, I'm highly indebted to My Creator for His Countless Blessings.

iPhone comes handy at these time. I'm posting it with my iPhone.

Markets, though, seem to show resilience. Nevertheless, a reversal is over due. There is a discovery that I made, which I name NHN (Natural Harmonic Number). According to one of its aspects, reversal is due also. For example all the major indices are battling with the resistance offered by the DJI's 11,000, NASDAQ's 2,400 and S&P's 1,162, 1,166, 1,168.
Therefore, time cycles, price cycles, and cycles of NHN, all are calling for a reversal.

Moving - Thanks To The Dear Almighty

I commence with my heartfelt gratitude to The Most Magnificent, The Most Gracious

My Creator has finally blessed me with a new home and I have been amidst the move for the last two days. I'll, therefore, be posting Sunday. I've besieged The Creator for a happy and an abundant home. I'm certain that He Did Fulfilled my desire.

Financial Markets Outlook

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

As I have stated in several of my posts, nothing is new under the Sun. It is up to us that we look for similar patterns in the past, to deduct the pending conclusion.

One of the most dominant time cycles of the financial markets is coming in on October 8 (+/-2). Financial Markets have been struggling to go higher and been stuck in the range for about a week. Would this time cycle create a change in the trend, which has been since August 30th and or July 1st in some markets? This cycle has created a longterm reversal in the trend before, it has the potency to do it again, as the price cycles have been setting the stage up for it.

Financial Markets Forecast 10-01-10 Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

If you have been reading my posts from last few weeks, you would have clearly been fore-warned several times about several time cycles coming in on September 29/30 (+/-1). My forecast stands the same, as price cycles are completed, so are the time cycles. What does that mean = Reversal and or Correction

September Forecasts Review

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

I am floored by The Countless Blessings of The Creator, including the knowledge and then the ability to share.

Although, we had some misses like AMZN, PCLN, or GOOG earlier during the mid of the month. However, if we have followed the "Rules of Trading", as prescribed to you, in several other posts, we can limit our losses (by staying alert and with the frame of mind of "Expect The Unexpected") and then turn our attention to the the profitable trades, and let the profits run, as much as possible. Few trades from RIMM, GS, SPY or QQQQ, IWM, AAPL, GOOG, and Gold would have made up the small losses and then would have rewarded you with 30-40% to several hundred percent, if managed the trades properly. Click on the charts to enlarge. Let us review the month of September:

AAPL & GOOG Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Although AAPL and GOOG have met preliminary targets of decline after the time cycles completion, however, there is high probability that trend is to continue. In said event the targets are shown in the charts. Sometimes I use the charts to eliminate the noise from the lows and highs of the trading days.

AAPL Forecast 09-24-10 = Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

APPL Update: Click on the chart to enlarge (Gratitude is exclusively and entirely reserved for The Most Gracious)

GOOG Forecast 09-27 = ALERT Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

GOOG Forecast Update Click on the chart to enlarge!

GOOG Forecast 09-27 = ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

GOOG has been propelled higher thus far with a force of one of the dominant time cycles for GOOG. However, it is DUE for the reversal, as early as 09-28. We may a see a higher open than yesterday, however, when price starts to fall from the open and when it falls below the yesterday's close, it shall be confirmation of the time cycle effect has been triggered and it is time to go short. Please click on the chart to expand.

Financial Markets Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

I stated in my Friday's Sept 24th post the following, "Now the question is that, is the rally going to take the markets higher or just retest of the recent high. NASDAQ (and it ETF QQQQ) has cleared the resistance. However, SPY, SPX, DJ-30, DJ-Transportation, NYSE Composite and Russell 2K, has failed to do clear the resistance or have not done it yet. Monday is critical day, to prove any hypothesis of going further long until September 29 (or Oct first week) or the continuation of previous reversal.One point of caution, today's rally is lacking the volume." Therefore, as stated, today's price action is the most important for the determination of the health of the rally, if a rally started on 09-24th.

Now For Time Cycles: We have 09-29/09-30 and then 10-04/10-08. I shall prefer it to make a low on 09-29/09-30 and high on 10-08th time band. This shall satisfy my Crash case scenario. If we have the opposite, i.e., low on 10-08, then we have very strong rally in coming days.

AAPL Forecast 09-24-10 = Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

AAPL has not hit its stop-the-trade level from the aggressive entry of 09-24. Today is the conservative entry day, when AAPL stays below the AAPL average day range. (click on the charts to enlarge)

ORCL Forecast - 09-24-10 = ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

One of the astute readers of my bog-site brought ORCL to my attention (therefore credit is due to Mike). I am just doing the analysis, which is The Gift of My Creator for the purpose of helping others.
ORCL not only, seems to have created one of my favorite patterns of Island Reversal (as I consider a strong pattern, as opposed to other Chartist Technicians), but also it is completing its price and time cycles squaring. It has retracement 50% of its all time high (from .dom crash high). Furthermore, price has squared from two bottoms of 03/09 and May 10. It is occuring within the strong clustering of time cycles squaring from several tops and bottoms.
Therefore, a serious correction is expected. It shall be stronger, if markets starts its correction, also. Nevertheless, ORCL has completed its price time cycles squaring.

AAPL Forecast 09-24-10 = ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gifts of Knowledge and then bestowing the ability to share it with others

AAPL has completed price cycle squaring and it is happening within the time band of AAPL's dominant time cycle. I, therefore, expect AAPL to start reasonable correction and or price decline of at least 10% or minimum of $13-$15 and $20-$22. It has already started. Best (least riskier) entry is now with the stop being placed just above the today's high.

Financial Market Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

For a retracement to be of any significance, it must last at least 3 trading bars (days), This condition was satisfied yesterday and it has hit minimum retracement price requirement of (fib.) 23.5% and 25% and 33% (Gann).
Now the question is that, is the rally going to take the markets higher or just retest of the recent high. NASDAQ (and it ETF QQQQ) has cleared the resistance. However, SPY, SPX, DJ-30, DJ-Transportation, NYSE Composite and Russell 2K, has failed to do clear the resistance or have not done it yet. Monday is critical day, to prove any hypothesis of going further long until September 29 (or Oct first week) or the continuation of previous reversal.One point of caution, today's rally is lacking the volume.

You Want to Become a Successful Trader - Trade In Harmony Mentorship Lessons

I Commence with gratitude to The Most Almighty, The Most Benevolent, Ultimate Knower

“Invest In Harmony” Class shall be opened up again starting after the full moon. If you have not registered for it, you can do now,

I am going to let some - Few - to join. As I am re-coaching the classes with new vigor and compassion. Registration shall stop on Wednesday (September 29th).

I WILL NOT be charging any fees or tuitions. Therefore, it shall be FREE of Charge.
However, you must pay in full dividends, by following the guidelines and lessons’ requirements completely.

You probably have spent (and I myself have several thousands dollars and several times over) to attend some (2 or 3 days) seminars. But nothing helps in becoming a successful, unless you are ready to help yourself first!! Furthermore, you probably have lost several thousands in hard learned lesson, through the losses of trading and investment in the financial markets.

One thing, I am certain about that once you graduate from this learning experience, (and Big IF you graduate), you shall find yourself to be very different and better trader (and person).

You shall be required to follow a strict discipline. You shall not use any alias names. I want you come in to the Class with your personal energy, and your name.

Please create a new email address just for this Class only. Register first here in the comment section below this message and then go to this link to sign up for the Class. Once you register there at the link, you'll receive an email, asking to respond certain questions, you must answer that as soon as possible. Once I have your Detailed Response to said email, you shall be approved to enter the Class

GS Forecast of 09-21/9-22 Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

First profit target of GS forecast of 09-21/22, achieved earlier today. That could have easily meant 300%-400% return on your investment, if properly traded with put options trades. Click on the chart to expand.