I commence with my gratitude to The All-Knower
Markets have fallen last week as predicted. However, in the last 3 days, when the markets were ready to fall hard, instead, they reversed sharply, after making a lower low by undercutting the Wednesday’s low of SPX 1,261.8. As a matter of fact, all indices closed higher on Friday 06/17/11, after falling on day prior or even on Friday, except Tech. stock index Nasdaq Composite. DJ-Transportation, had a very strong bullish close on Friday. This all happening within the time cycle of reversal or change in trend (though temporary). I believe that market shall reverse (as stated in my previous forecasts within last couple of days) and go higher into 06/24 to 06/27.
If the markets do not rally NOW, as estimated by me, than it is very ominous for the markets and stock markets shall fall very hard into this next time cycle of 06/24-06/27.
http://trade-in-harmony.blogspot.com/
Mr. Syed,
the S&P made a lower high today and tomorrow we have two aspects: mars squares neptune and mercury squares saturn which can be malefic.
your thoughts on the market direction in the next day or two?
thanks.
Patrick