I commence with my gratitude to The Creator
Although, last week in my analysis, when referring to the markets, I also used technical analysis to estimate that markets ought to go higher. However, over the weekend, with further analysis, it is revealed that underlying strength and commitment (from institutional investors and volume) were missing in market’s moves, when it tried to go higher. Therefore price cycle was weak. In this situation time cycles’ previous trend/cycle would remain dominant. Which was down. That is why I alerted accordingly on Sunday, early morning 04/17/11.
And we saw the manifestation of market cycles’ strength today, once again.! Market dropped at the open almost 2%.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/