Financial Market Forecast For 02-18-10

Commence with Gratitude to The Ultimate Knower, The Fountain of Infinite Mercy for the knowledge.

Today, Financial Markets could not go higher than the levels indicated on the charts posted yesterday.

Thus, confirming that the reactionary rally is over.

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1 thought on “Financial Market Forecast For 02-18-10”

  1. Hello Mr. Syed,

    Since the markets are exceeding the resistance levels outlined, are you now anticipating a retest of the highs at 1150 spx which appears to be your next resistance area?

    You have had some great calls, but maybe the market is becoming more bullish?

    Thank you,

    Susan B.

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