Could the Markets Be Forecasted? Stock Market Forecast Update as of 01/04/2012

Stock Market Forecast on 12/13

I commence with my gratitude to The All-Knower

I had alerted my readers on 12/13 that, “Market is about to experience a turn up higher, if the current support areas hold, as stated in my previous post earlier today. I foresee a “Right Shoulder” being formed”

I further added, “Next turn dates are 12/26 and or 12/28 and 01/03.”
and said that, “First target is $129.20 area.”

Stock Market Forecast update on 12/23

Thanks only to The All-Knower, all sections of the forecast have come to fruition.

Stock Market Forecast Update on 01/04/2012

01/03 was the date of break out and reaching to the target of $129 area. High of the day was $128.38


See the previous charts and then stock market actual chart after the forecast.