Stock Market Forecast

S&P Price Targets 1,500 (after 1,440)

I commence with my gratitude to The Creator

I have been watching the markets with keen interest and like always, the markets’ behavior intrigues me. The price pattern, the time cycles pattern, the markets follow, they are so synchronized that it is amazing and mind boggling. The one, who can see through these patterns, is a humbling experience.

Watch how recent consolidation, which I have predicted, see my previous post,( dated 08/07) stayed above a certain price/time channel upper band. I believe that it just had a false break underneath the this trend-line and it shall recover soon and shall rally higher.

Based upon my price pattern analysis, I foresee much higher prices than 1,440. I also, see a correction around 1440-1,444 area. Thereafter, markets shall rally. I, thus, remind you of my earlier forecast that Markets Swing, aVery Important and rather intermediate Swing High shall be in November 2012 With price targets of 1,440 and then 1,500

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

7 thoughts on “Stock Market Forecast”

  1. Mr. Syed, do you have an opinion about 29Aug and 30Aug? That with Saturn square Venus is not so good for the markets, I think, although one must look at the entire chart. Looking for a large drop (2%+) on 29-30Aug, I wonder if your analysis backs this up. Thank you, Mike

  2. No I don't see any triggers.

    Such an alignment has to be triggered by another planet to cause such a big price move. Therefore, I am not seeing that happening. IMHO

    God Almighty knows the best, and
    I have been known to be wrong 🙂

  3. Hi Syed,
    Any thoughts on the market for labor day week. I am seeing bullish sentiment with some calling for new highs.

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