I commence with my gratitude to The Creator.
When Will The Dramatic Drop in The Stock Market Begin?
That is the question, or something similar, I receive emails sent over to me, some with anguish why markets are not dropping like waterfall (it seems, some people got in with short with both feet, without getting the technical confirmation.).
Well, That is the reason is this post.
Let me just say this, price has fallen behind from the time cycle or in other words, the price cycles are delaying the time cycle trigger. According to my calculation, S&P-500 should have reached $1,662-1,668 level by today (May 3/6, 2013), if the market were to continue keep going higher beyond April 15th turn date, and til today. My price/time cycle squaring model called for a price level of $1,660-1,662 by April 15th. Which we did not receive. Market did stalled around/on said date (which was my time cycle turn date) and market chart made a inverted hammer (on weekly time frame).
Let me add that big time cycle was triggered on April 15th and May 3-6th date is (medium/small weight) time cycle. Today is the date (May 3-6) , when stock markets are making big headlines.
Are These Headlines are the the Last Happy News Headlines or One of the Last Ones?
Time Will Tell, however, more delay in the market’s drop is created by manipulation, more fierce shall be the drop, and then the target for the bear market shall keep on increasing by “TWO S&P points per month. My price target for S&P will blow the bulls’ minds away.
October 6, 2014, S&P target $580.00 (+/-) or let me rephrase it.
The drop will be the sharpest and fastest decline, stock market history has ever seen. It shall last between 34 to 45 (trading) bars or multiple thereof these numbers. and price target remains the same (+/- few points)
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
I see Jupiter involved in a grand cross configuration with Sun, Uranus, and Pluto on 06Oct. As I progress in my studies of astrology, I am continually surprised at the effects of 'weak' and 'strong' planets. Jupiter is now in his detriment, and will be in his exaltation on 06Oct. Thank you for your analysis Mr. Syed! I thought Jupiter in Cancer might indicate much higher inflation.
Mr. Syed, thank you for the analysis…if you are correct, I will be able to retire around age 60. If you are incorrect, I will be working until I'm 80. No pressure! lol
Thank You! 🙂
the drop wil be fastest sharpest..
WHEN? October 6thth
So this is not the crash them? this is not clear, you said we had the crash now we have highest S&P on record. I am short S&P on your forecast, WHEN?
I wish your posts were as clear as the one you posted on April 14th in regards to gold. Concise, targeted and with specific timeframes. It might help if you lay out your short term, mid term and long term thoughts.
Nevertheless, I've always enjoyed your work. Thank you for your continued efforts.
If you think there will be a crash, then this time wait for the proper indication to show it, for example if it make record reverce (down) move, and sell every time it hits an angle, starting from the top – moveing down with speed of 1×1, 2×1 or 4×1, Anonymous writer – Andrey Manchev
Hi Syed: I just want to confirm that you meant Oct 6, 2014 +/- for price target of $580 and not 2013.
Thank you for the update!
Dave
you are all crazy. the world is not ending and as long as there is QE, this market is going to the moon. So go buy guns, cans of corn and bars of gold and have fun. I am going to make MONEY
Thank you mr. Syed for your update. I have a question. Do you expect the waterfall drop, of 35-45 days, for this year?
October 6 of this year(2013) or next year(2014)?
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Syed, do you notice how confused people are by your posts. I don't think anyone questions your abilities, but the way you word things almost renders your predictions unusable at best and potentially harmful at worse. Also, if you continue to block critical user comments, it will only serve to undermine your credibility. BTW, it would not surprise me if you block this comment as well.
I have bought gold on the angle of 10 points for a day, this makes the support at 1461 for monday, 1471 for tuesday and so on, if it brake it, the stop is near under it, moving up with 10 points a day