Thanks to The Almighty and The All-Knower for the Blessings and Knowledge, and ability to spread it.
As you are aware, that I maintain a very bearish outlook for the financial markets. Although, Stock Markets are bound to continue their journey of declining prices, one ought to keep in mind another perspective that markets do not go up or down in one straight wave, rather, in form of waves, consisting of smaller up and down swing waves. Therefore, there is likelihood that we might see a swing low at the Friday levels, into 2-3 days rally and then continue back down. Mind you that on 09th Feb, there is strong time cycle coming in. Which is highly correlated with reversals into the markets. So if we go up into it, we shall decline, or if we keep going down into said date and (the price levels, in my post herein and previous ones), we shall bounce back up.PS. I prefer that we go up now into this time cycle and then we shall continue the FAST DECLINE. The OPPOSITE shall be true, if decline into this cycle, i.e., we shall see one of the fastest rallies.
I had previously humbly predicted that Financial Markets shall look for support, when SPY would reach to $104.67. At this moment, based upon Price and Time Cycles, I foresee a short rally, as potentially outlined in the chart attached herewith. Thereafter, price decline shall continue, as previously stated in my other posts. Please keep in mind my yearly outlook, presented at the dawn of the New Year.
I had not looked into the Dow Jones Industrials, thus far, with my Price and Time Squaring of Cycles analysis. But today, I have and I, therefore, have attached, a glimpse of DJI-30, as looked through the lens of Price/Time Squaring.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
It appears that your lows are targeted for June. Is that the case?
Thank you mr syed for posting your forecasts, I am very grateful to you for devoting your time and energy to help traders and investors like us.
Thank you very much Mr Syed for your updates – you're the best! It looks like Helge seems to see Monday declining and then we go up sharply into 9 Feb, and then reverse again: http://www.cyclelt.com/INT.htm
Thanks very much for the heads up on the reversal date! Let's see what happens today then.
Mr Syed, you are always correct.
Spot on, Forecasting.
I was looking for someone, with forecast-ability, since ever.
I guess, the secret of your correct forecasting lies in you not charging for your gift.