WILL AAPL be able to Cross Over the $644
I commence with my gratitude to The All-Knower
The Question, I had posed in my latest AAPL Forecast and then answered it.
I had stated in my previous forecast that AAPL shall stay low, below the level of $644 at least until July 11 and July 17. These were the time cycles I was watching for AAPL. As these dates were generated by one of the AAPL’s DNA time cycles. These two dates, did create reversal in the price trend which was preceding prior to said dates.
However, these time cycle did not create the commotion which could have have lead AAPL to go beyond $644 brick wall resistance. Thus, my second forecast beyond 07/17,was contingent upon the price reaction created by said two time cycles.
Therefore, I predict that AAPL shall not be able to go above the $644 price level. Rather, the positive response, if any given to the AAPL earning shall fade away soon after the earning, may be the next day…. thus, only to create a sell off thereafter in AAPL prices. (If AAPL does happen to gap up at earning, it shall only create a bulls trap). Therefore, AAPL shall stay low until next month of August. As a matter of fact, I see a decisive low being created on the dates of either August 08/09 or August 15. One of these dates shall create a low, which shall be followed by a vertical and parabolic move higher. Thereafter, AAPL shall be able to cross over $644 brick wall resistance.
What does that mean for S&P and NASDAQ, which would be heavily affected, if AAPL were to start another leg of serious sell-off?
Then, S&P’s attempt the surmount the level of $1,400 would have to wait a little bit longer…
I commence with my gratitude to The All-Knower
The Question, I had posed in my latest AAPL Forecast and then answered it.
I had stated in my previous forecast that AAPL shall stay low, below the level of $644 at least until July 11 and July 17. These were the time cycles I was watching for AAPL. As these dates were generated by one of the AAPL’s DNA time cycles. These two dates, did create reversal in the price trend which was preceding prior to said dates.
However, these time cycle did not create the commotion which could have have lead AAPL to go beyond $644 brick wall resistance. Thus, my second forecast beyond 07/17,was contingent upon the price reaction created by said two time cycles.
Therefore, I predict that AAPL shall not be able to go above the $644 price level. Rather, the positive response, if any given to the AAPL earning shall fade away soon after the earning, may be the next day…. thus, only to create a sell off thereafter in AAPL prices. (If AAPL does happen to gap up at earning, it shall only create a bulls trap). Therefore, AAPL shall stay low until next month of August. As a matter of fact, I see a decisive low being created on the dates of either August 08/09 or August 15. One of these dates shall create a low, which shall be followed by a vertical and parabolic move higher. Thereafter, AAPL shall be able to cross over $644 brick wall resistance.
What does that mean for S&P and NASDAQ, which would be heavily affected, if AAPL were to start another leg of serious sell-off?
Then, S&P’s attempt the surmount the level of $1,400 would have to wait a little bit longer…
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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I dont understand why i recieve this on 23 july and the date published is 21, its only 8 hours difference? I dont want to sound disaffected, just asking, couse i was refreshing the blog almost every hour sence the last post.
Hi Mancheff
First of all thank you for continuous positive feedback.
This blog is hosed in by Google. and Chrome, sometime, is known to have serious troubles.
I have had similar complaints before.
Once I was told that some people in certain parts of the world were not able to get the blog post until the next day.
MR Syed
That means market shall see serious correction then???
thanks for the post Mr, Syed … great job..May God bless you
Your forecast is supported by the new I Phone 5 geting out on the market at seprember 🙂
That was, i was fearing from 🙁
Thank you for the responce.
Thanks Mr Syed
Your insight is always appreciated with multiple of gratitude..
Dear Mr. Syed, the SP is falling faster then appl, i want to ask, what if it breaks 1310, i remember this was important level.
Hi Mr Syed,
Thanks for the update. Does this mean that it would be best to be shorting S&P/DJ until August? Given this double top, and no break of your said channel. Holding on to longs is not the ideal option?
Many thanks, Fernando
Mr Syed,
May the Almighty reward you for your generous efforts. That was an amazing call..
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