STOCK MARKETS SWING LOW (BOTTOM?) HAS BEEN PUT IN??

Have The Stock Markets Put in The Final Low? 

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The answer is YES!, for the short to intermediate time cycles. I had predicted the time cycle reversal date back on 05/08 (see here the previous forecast).

My forecast has called for another leg down on said date. Since then, markets have tumbled another 650+ points of DOW JONES.

You were even gave a price target of $131 for SPY and time cycles of 05/17 (later post here the very next day, updated to add another day for time cycle reversal, thus giving us 2 days windows of 05/17-05/18).

Today price drop brought the markets to about 50% retracement of the leg up from 11/25 to 04/03. Today's prices are, also, at the 161.8% extension of levels of the down swing from 05/01-05/08. Thereafter, NASDAQ and QQQ, and SPY went side-way consolidation for seven day. Moreover, today Markets have been doing a dance of zig-zag and thereby SPY testing the price level of $131. The increased volatility is clear indication of the bottom being in place.

I am also showing a weekly chart of SPY, where the proprietary indicator, (which has been very successful in calling in bottom) is showing that we do have swing low being put in now.

Find your favorite stocks to rack in the sharp rally's profit in coming days...

AAPL Forecast 05-17-12

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AAPL has dropped despite the blockbuster earnings reports. It even gaped up the day after the earning announcement only to have all the gains attained by the gap and then-some. It has started the decline since, I noticed that $644 was trigger point the price cycle and time cycle squaring. See my forecast posted herein the blog. It was trading at $634+ range. Not only it dropped to my first target range of $90 but, it also respected it with only missing by one dollar price difference.

Thanks God for fulfilling another one of my forecasts.

Nevertheless, AAPL had continued its decline even after monstrous earning report and today, it has touched an extension of Fibonacci sequence, which has strong co-relation with reversal into the price of an equity or commodity. AAPL has extended its drop to 127% of its initial leg down from $644 to $555. Thus completing a price cycle. Furthermore, it is happening within the time frame CIT (for turn in the trend). Thus, I expect a strong rally from hereon..! (once the low of the today's are intact and not violated)

Goldman Sachs Forecast 05-17-12

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GS forecast 05-17-12

Goldman Sachs has been torn apart by the bears, thus far. It has touched as high as $128.72 on 03/27/12. It has dropped since then. Today, GS has traded as low as 97.58. It has dropped tad above 75% from its highs on 03/27. GS has taken 51 calendar days to travel down to this level. From 12/19/11 low to the current price of today's low, GS has traveled 150 calendar days. While GS took 75 days from making its intermediate swing low on 10/04/11 to another intermediate 12/19/11, which is 50% of the time it took from 12/19/11 to today's/

Furthermore, looking at the PriceTime Vector Values, we discover the following identical, thus forming a price time cycle squaring today for Goldman Sachs. PriceTime Vector value from October 4, 2011 low to the 12/19/2011 low is 54.064 and PTV Price/Time Vector Value from 12/19/11 to 05/17/12 low of day is 108.51 which is twice as much from 10/04 low to 12/19.

Thus we may have a very strong reversal on our hand for GS. 05/17 could very well be the intermediate swing low for GS. 

Stock Market Forecast 5-16-12 - Stock Markets Turn in The Trend is Around The Corner

Stock Markets' Turn in The Trend is Around The Corner

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Stock Markets are continuing to tumble, as previously noted in my recent posts. Once NASDAQ Composite having broken the strong  support @ 2,900, which had lasted from last week until yesterday, it is evident that markets are looking for last thrust to downside. This shall be quick, and fast drop and reversal in the similar manner. Nevertheless, watch out for the reversal starting from 05/17. Dow Jones Industrials have dropped into the support level as indicated on the attached chart herewith. S&P SPDR ETF, namely SPY also has approached the support as indicated in my post dated 05/08/2012 .  Momentum indicator is turning up, indicating the lack of sellers' commitment See the attached charts.

If markets do drop tomorrow, then DJI prices of 12,410-,12,450 level shall be the test. However, I am looking for sharp reversal to the upside staring as soon as 05/17/12. 

Crude Oil Forecast 05-16-12

Crude Oil shall Experience A Rally Soon!

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Crude oil has dropped in accordance with my proprietary indicators of the time cycles, which rule Crude Oil. However, the Crude Oil Change in Trend is about to start. My  proprietary forecasting system saying that Crude Oil shall have strong rally.

Price target is $98-$99

NEXT TURN DATES TO WATCH OUT FOR: June 14th, June 21st, July 3rd and around July 17th

ALERT ALERT@! IMPORTANT SUPPORT OF NASDAQ GETS VIOLATED

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Important support of NASDAQ Composite @2.900, which was holding up the markets till now has been violated.  If markets closed below that support level decidedly on close basis, then markets shall continue another round of selling.. That shall thrust the markets direction into an impending panic sell off from hereon...

THAT SHALL TAKE THE MARKETS DOWN TO NEXT TIME CYCLE AROUND 05/17-05/18
See the attached chart.

Would you like to Become Mastert Trader? - Training Courses Feedback From Students

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I am glad to hear that my students are already doing great after applying the knowledge from Master Trader Course.

SEE THE ENCLOSE TESTIMONIALS

Thanks to The Almighty...

Send in your inquiries to Trade.N.Harmony@gmail.com, if you are interest to become MASTER TRADER

More testimonials at THIS LINK .

Gold and Silver Commodities and Index XAU Forecast

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Below is the chart from the class discussion of Master Trader Course. One of the students brought my attention to the chart. Thereafter, we had analyzed the index. I was asked that if his analysis of XAU going to $144 was valid. Upon review, we concur based upon applying the tools learned during the Master Trader Course. Today it has reached the level of $144. Which coincides with the 50% retracement from the swing low in November 2009 to all time high in December 2010. Furthermore, it also touched one of the proprietary indicators of price/time cycles lines, which offer strong support, sitting right at the $144 level.

Therefore, a strong rally is expected in XAU and targets are $166 and $172. That means a strong rally in Gold, Silver and GLD, SLV etc

EURO Dollar Forecast Update

EURO Dollar Forecast 05-15-12

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Back on 05/08/12, I had forecasted that EUR shall continue its decline, while some were suggesting that 1.300 shall offer support. I had predicted that it shall fall to 1.270 levels and even further in due time. Today, EURO has reached said 1.270 levels and also, touched certain support levels which shall offer support. EURO decline is reached 161.8% extension previous leg 'AB'. Furthermore, it has approached my time/price time cycle line in blue color.

Hence, EURO shall find reasons to bounce from hereon. Therefore, confluence of price and time shall offer a support for EURO.

BIDU Forecast 5-14-12

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BIDU has reached its bottom for the intermediate Cycle:

In the Ticker Magazine1 interview Gann states, "In going over the history of markets and the great mass of related statistics, it soon becomes apparent that certain laws govern the changes and variations in the value of stocks, and there exists a periodic or cyclic law which is at the back of all these movements. I soon began to note the periodical re-occurrence of the rise and fall of stocks and commodities. This led me to
conclude that natural law was the basis of market movements."

Gann further, stated, "After exhaustive research and investigations of the known sciences, I discovered that the "Law of Vibration" enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware of either."

BIDU follows a certain vibration in uptrend and downtrend.  Bidu's vibration is 7 days and multiple thereof. Big leg down are always  a minimum of 49 days and bottom to bottom cycle is multiple of 50 days and multiple thereof.

For example, BIDU had bottomed in July 2010 and then next bottom in December 2010, after big decline was 175 days apart (50x3.5) and it was followed by another bottom with similar time cycle of 175 days in June 2011 (from Dec 2010). Similarly, June 2011 bottom to October 2011 bottom, took 50x2 = 100 days. From October 2011 to mid-December 2011 was 50x1.5 time cycle and from the last swing bottom in December to current time, until today (May 14, 2012) 150 days have elapsed that is 50x3. All majority of big decline lasted 49 days. From April 2011 to June 2011 was 49 days, August 2011 high to major bottom in October 2011 took another 49 days. From October 28, 2011 to December 2011 downward swing lasted 49 days.  Most recent downward leg started from March 27, 2012 and it completes its 49 days on May 14th, 2012.

Buyer's Caveat. Broad market trend sometimes takes precendent.. over individual stocks. Though, individual equities have been known to buck the trend of the markets.

Gold and Silver Commodities Update

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DO WE HAVE REVERSAL ON HAND FOR PRECIOUS METALS?

I have alerted last week and forewarned the subscribers to my Gold and Silver Commodity Forecasting Service and graduates of the Master Traders Course about gold dropping to $1550 level. Today Gold futures have done so in the overnight trading.

I had forecasted a price target for $151 and Today's low for GLD was exact $151.


This is happening on the day of time cycle for reversal.

Therefore, look for a bounce in the precious metals from hereon.

Have any questions or inquiries, please send an email to Trade.N.Harmony@gmail.com

STOCK MARKETS UPDATE 05-12-12

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ARE MARKETS GOING TO REVERSE OR START A PANIC SELLING?

Market Forecast 05-12-12

Markets have been trapped within the channel, without the successful effort to break through the support levels at 2,900 for COMPAQ NASDAQ Composite. and We have arrived at the time cycle for change or reversal on 05/14. Friday close, thus, would be swing low for next rally until the next time cycle.

As a matter of fact, Monday could be very strong long green up bar.
However, what I want to give you a 'heads up' for the technical pattern being made on the hourly chart. Markets have been trapped from 05/08 in this shape. This is a bearish and continuation pattern of Flag or Pennant, Outcome of this pattern, would result into the another leg down. But first, markets must show their commitment to downward, with a gap, a breakaway from this trapped market's move. That would mean a big red down bar, then.

As time cycles do two things, reverse the preceding trend or help expedite the trend. This could even create an exhaustion gap.

NASDAQ: Watch for time cycle of 05/17-18 and up targets for the price levels of 3002, 3024, 3031, 3044 to offer the time/price squaring, and down targets are already published in the previous most recent posts.

Stock Markets Forecast Update 05-09-12

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Stock Markets are falling hard in the hours after the opening bells at Wall Street, only to recover bulk of losses back before the close of the day. Based upon my years around the stock markets, this kind of markets' behavior, is indicative of Markets attempt to finding their next direction. No matter what direction markets decide to go, we are going to see lot more of the similar volatility in coming next months.

However, there are some interesting patterns being developed within three markets indices, namely Russell 2000, AMEX Composite Index, and NYSE Composite Index. All of them, are unfolding a H&S Pattern.

Upon successful completion of H&S pattern of Russell-2000, it shall fall and the support are likely to occur at these levels of $76.66, $74.50, $73.40.

Please remember the time cycle as stated in my previous post, are important to watch within next 3 weeks. Important dates are 05/14***, 05/17-18, 05/28 and then a BIG DAY shall be between June 04-06, and JUNE 18. Markets shall find turns on or about said dates.

Stock Markets Time Cycles Forecast 5-8-12

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IS MARKET HEADING FOR BIGGER CORRECTION THAN WHAT IS NORMALLY EXPECTED?

Stock Markets today, tumbled as much as 1.8% and then recovered some of the losses by the close of the day. Almost all of the leader stocks lost ground Tuesday At higher than usual volume, but many finished  above their session lows, mirroring the main indexes' action. In fact, NASDAQ volume was the record high for this year
Today's Markets reaction is indicative of underlying shift of markets' pressure points. If that is true and is validated by continuation of the falling prices and certain support levels as indicated by the charts attached., are violated, then markets bull trend is in serious trouble for next intermediate term.

My time cycle tool, is giving me May 14th and May 17th as turning points. Markets need to find support at these time cycles and with the corresponding price levels for SPY, of $133.45, $131, and last one at $129, as shown on the attached chart.

If stock markets only find some temporary support and consolidates at these time cycles and do not sustain the support, then Stock Markets are heading for serious decline and even shall suffer serious capitulation.
It means that time cycle top (by pulling the market higher) expected in October 2012, is being inverted. Stock Markets are being pulled downward until then and instead, shall be market bottom around said time of October 2012. Which will result in market retesting the low of October of last year.

EURO/DOLLAR Forecast 5-8-12

EUR Forecast 05-08-12

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EUR is setting up for big decline from hereon.

Looking at the daily charts, it has successfully completed and tested the support at the neckline of wide Head and Shoulder pattern which started off from February 1st, 2012. Based upon the H&S successful manifestation of the decline, very first target is @ 1.2800, and 1.27345, 1.2555. Based upon the alternative price projection, I am getting first support at 1.2913, 1.28471, 1.26721.

EUR Forecast 05-08-12

However, 3-days chart portends a much bigger decline. Thus, giving me first support target at 1.2528, followed by retest of June 2010 lows. Targets triggered by weekly Chart, are 1.1580, 1.1157, and finally at par with US Dollar.

Stock Market Forecast 5-7-12

Market Forecast 05-07-12

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On May 2, 2012 early morning, right after when DJI had logged in the highest prices in the 4 years history of the stock markets, I forewarned you and said, " I am expecting another correction soon, even as soon as 05/02".  I supported my argument and said that, "  Dow Jones Industrials have claimed the highest price in the 4 years on May 01. However, other indices showed weakness and thus closed much lower than price set on 04/02 highs. For example S&P-500 even made an inverted hammer, which after confirmation could result into more selling thereafter."

I even posted this attached chart, showing the down target of 1,369 for SPX, which has already been achieved..

Stock markets experienced a gap, on Monday. This gap was NOT an ordinary gap. It was a break away gap.  It is a Precursor of a new trend, which is downward. Breakaway gap candlestick was a Marubuzu, which reflects that markets is really weak and sellers have taken over the markets. By looking at the NASDAQ chart, it shows the underlying weakness of the stock markets It is the index,which lead the recent 3 1/2 months rally starting from mid-December 2011. First support for NASDAQ lies at 2,875 area, then below that support is at 2,812, and 2,760

Stock Markets and US Bonds Correlation

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Stock Market Forecast 5-3-12
Bonds Correlation

Stock Markets and US Treasury Bonds are strongly correlated with each other... i.e., inversely!!

Investors flock to US Treasury, (your would be surprised, despite all US problems), in the moment of stock markets turmoil, .... "flight to the safety".

TLT Chart 05-03-12, Bonds Forecast

As you can see from the charts attached herein that bottoms in stock markets correlated with tops in bonds and reverse is true, that is, stock markets tops are correlated inversely to the bonds bottoms....
On the longer term , TLT (iShares Lehman 20+ Year Treasury Bond Fund Price) chart shows a big base with handle or simply put, a cup with handle, where handle just being formed above the strong price support levels. On daily chart of TLT, a clearer picture could shows that it has formed a bottom and has cleared all the overhead resistance levels, offered by the time cycles trend-lines.

US Stock Markets and ADP Data Correlation

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Stock Market and ADP data

Sometimes, during the so much chatter and noise, it is hard to filter out, what does a certain news or data report mean. Therefore, it is prudent to look at the full and better view of the picture, by taking a step back.

Let's take an example of ADP payroll data, which gives the information about the number of jobs added in the private sector. I believe that is an important number, as it reflects upon the fundamentals of the core of the economy, i.e., how the driving force of the economy is doing. If we look at the chart enclosed, ADP data has been a pre-cursor to the future turns in the stock markets.

Recent drop in the number of jobs created in the private sector has dropped significantly. That is foretelling us something...!

ADP data is has been forming or has already formed a top. What is next...? serious correction..? Let's see what happens!! See the highlighted areas of the chart..!

Stock Markets Update 05-02-12

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Stock Market Forecast 5-2-12

I received complaint that last post was not published in time.. That was quite possible, as I have created a draft to be posted before I went on the Spiritual Retreat, and left it upon someone to publish it in time. That is why it is quite possible that it was published in time, although, it was time stamped before the date of publishing.

Let's have a look at the Markets found some smaller resistance on 04/30 and on 05/01, went higher then previous days' resistance. Nevertheless, Markets' Indices are showing an interesting tale.

Stock Market Forecast 5-2-12
NASDAQ chart

Dow Jones Industrials have claimed the highest price in the 4 years on May 01. However, other indices showed weakness and thus closed much lower than price set on 04/02 highs. For example S&P-500 even made an inverted hammer, which after confirmation would result into more selling thereafter. It is all happening within the time frame of time cycle for CIT, reversal. Therefore, markets could fail here. S&P may come down to test the 1,380 or even 1,369 level and NASDAQ chart is even weaker than all other indices. NASAQ 100 could test the 2.640-2,650 area once again. Remember this is the one, which lead the market to these high levels. Markets leaders like AAPL, GOOG, BIDU, PCLN are NOT showing the strength as shown in DJI, rather their weakness is reflected into the S&P and NASDAQ charts.

Thus, I am expecting another correction soon, even as soon as 05/02

Market Update

I am on spiritual retreat from 04-27 to 04-30

Therefore no markets update or analyses

However, just keep an eye on a time cycle, around 04/30, which may create a pullback and or consolidation for sometime..