People are talking of 1987 Crash Again… Is it Deja Vu again?
i COMMENCE WITH MY GRATITUDE TO THE CREATOR
It has been sometimes, since I had posted my forecast.
Let’s look at the last few ones, I posted herein.
I said on May 23rd, that if 1,290 is violated then, we have lower prices coming, but I also forewarned that 1283, 1268 ought to offer support and reason to bounce back
I had qualified my forecast with more details on the same day in another post...
I stated.. “ Failure to maintain the lows of 05/18 or 05/21 (see attached chart), shall mean that we another leg down, which shall be 3rd leg (and final thrust to the downside). This could last until 05/25 or it may even continue till 06/01-06/04, the next time cycles posted in my earlier posts.
with big heading “GET READY FOR BIG RALLY…
Now we have arrived the time cycle of 06/04-06/06. There is cluster of time cycles around said three days. Therefore, we would see a lot of volatility (we have already witnessed it on 06/04) and then putting in a swing low (or even a Bottom, may be?)
Although, other traders had agreed to disagree and stated that calls for bottom were premature, and warned that We have DeJa Vu of October 1987 coming in June etc.
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| Market Forecast Update |
It is the Pure Blessings of The Creator that I have been bestowed with the foresight to see through the maze of confusion and noise due to lots of other market forecasters
June 4th was the low and SPX made a low at 1,267, a dollar shy of my forecasted price on the exact day of the time cycle which was forecasted long time before hand…
MARKET HAS RALLIED OVER 200 POINTS FROM THAT FORECASTED BOTTOM PRICE AND TIME/DATE…..
See the charts here.
IS THE MARKET DONE WITH THE RECENT CORRECTION…???
People are talking of 1987 Crash Again… Deja Vu again….
STAY TUNED FOR THE NEXT FORECAST…
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
Mr. Syed, have you considered crafting a paid newsletter? I would be delighted to subscribe to that. I am trying to learn Gann methods but most likely I don't have the talent to develop my abilities to the necessary level. I do greatly appreciate your insights. It would be reassuring to know what the S&P will do, also if you stated for your readers the directions that would be helpful, I also don't have enough of a grasp of the jargon and what you mean, all the time, due to being outside of the financial world. Gratefully, Mike