US Financial Markets have entered into the treacherous areas. According to my previous forecasts, the previously predicted price levels were achieved as of Friday, Jan 8th. Market reached this level with “Great Struggle”.
That leaves us with 2 case scenarios.
1). Markets turn down from here and go through a normal cycle of correction and then a corrective up move, before a serious decline.
2). Markets may exhibit an “Exhaustion Pattern”, in which we have sudden thrust to the S&P-500’s upper resistance price levels of 1,152.86 and 1,163.2.
If the Markets go to the upper band of resistance of 1,163.2, then I expect a decline in the form of “water fall”. Because this number has a very strong energy resonance. (click on the charts to enlarge)
Look for more updates, as I shall be posting some more during the day.
I shall also offer updates on other popular equities and commodities. Good luck trading. Keep your long postions profits protected and remain ready to trade the short position.
http://trade-in-harmony.blogspot.com/
Thanks for posting, I was anxiously waiting to see your comments on the markets. For me, you are my market GURU.
Susan, you're correct, and I concur.
Question, Mr. Syed. What is your stand, are you bearish and bullish?
Yes, I have watched your forecast price level achieved and said WOW. Good job.
Markets are already getting dizzy. Excellent forecasting. Probably the Best one!!
Yes, without your market outlook guideline, comments, it was like left out in desert without any water.
I have watching your forecast for last 2 months, never posted any comment.
But I must say, you are always exact spot on..
Glad to have you back fine sir….I would love an update on Gold!
Thank you!!
Look for GOLD and other updates by this evening.
Best of Trading