Financial Markets Outlook — I Had Warned You About Correction

Topping pattern of the Financial Markets was resolved in one direction today. Therefore, I am sure, we all short the markets right now! Best of Trading and Profits!

Thank You My Creator again for the knowledge and ability to help others. Click on the charts to enlarge.

Gold Commodity Forecast Update,  Aren’t you glad, that my Gold Forecast was correct exact on the spot. Thanks only to The Almighty. Thank you to all of you for all encouraging emails and comments. Comments are easier to follow up. Therefore, please use comment as much as you like.
Gold has been falling exactly since my last forecast-ed day of the start of the decline. I have previously illustrated the support levels. Today GLD low of the day was right in my support zone #2 (look at my GLD chart posted on 01-12-10) and then it rallied up-to the support zone #1. Watch out for lower support zone. You must also read other recent posts about Gold . I would keep my profits locked in at the next resistance level above the current price.

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THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

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8 thoughts on “Financial Markets Outlook — I Had Warned You About Correction”

  1. Mr. Syed,

    NICE CALL. I am a Elliott Wave counter and i have this counted as a 5 wave move down to 10300sih on the YMs…according to EWT we bounce to about 10500

    Then down in a violent wave3

    do you have targets for this correction?

    peace and blessings

    klout

  2. You are brilliant Syed, thanks for your posts. Where do you see the resistance and support levels for the SPX for the next bounce up and correction down? Thanks!

  3. Very nice call on AAPL, thank you for pointing out in your AAPL chart that AAPL was going to have serious move. Then you said until next post. Then I saw your next post on QQQQ, going down annd you saind ominous.
    You do talk like W.D. Gann. Thanks God, I pick up on that, I bought puts on AAPL and AAPL dropped over $10. WOW. I have made $7,000 in one day.

    Thank you so much.
    May God bless you more with wisdom and knowledge and please continue to bless us with your knowledge

  4. I agree Mr Syed , you are the best.
    I have never been so good in my trading, but since, I started following your trades. I have made more money every month for the last 1 month, than I make at my regular job that by swing trading. I followed your GS trade and WHAT AMAZING trade that has been for me.
    IT ACTUALLY CLOSED EXACTLY at your predicted support level of $154.00.
    Guys, you are right, I have never seen anyone so accurate in giving the tops and giving the support level.
    My prayers go out for you and for your parents, who have parented such a great child, like you.
    I had bought out of money puts and have doubled my money in less than 10 days.

  5. I was browsing your website, and I had never posted a comment.
    Well, I must confess, I I did not make that much. But I must say, whenever, I followed Mr. Syed's forecast. I always money. Sometimes, I just did not have the guts to follow his all forecasts. I doubted that how can a person be correct at all the times. Under this doubt, I missed so many good trades given away by Mr Syed.

    However, I did take his QQQQ trade,and bought some at the money puts when he sent out alert.
    Thank you My dear Mr syed.

    I made $4,982. May be I should have gone big more aggressive, like others and bought out of money puts.
    But no complaints. I am doing great because of Mr. Syed's forecast.

  6. Yes Fantastic work, like always.
    SPY stopped right at your pointer in the posted chart.
    and S&P within 3 points of your predicted support.
    Great Calls!
    I have watching and reading your site since, you launched it.
    It is beyond amazing.

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