I commence with my gratitude to The All-Knower
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| Stock Markets Trend Forecast 06-25-12 |
According to my previous forecast, the last time cycle for price reversal was 06-18.
Let us see what happened.
Markets said, “OK, I will give you benefit of doubt.
Markets reversed from 06/19, instead of 06/18 (just 1+ trading day). That is pretty good especially among such a great volatility in the worlds’ markets with tons of conflicting news coming from all parts of Europe and big old US.
Next time cycle is due on 06/26-06/27 for price reversal.
I feel that markets have completed making the right shoulder of the “Inverse H&S pattern”. Therefore, coming down into the time cycles for change, shall cause the markets to swing higher..
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
hi syed,
Thanks for all you do. whats the spy target of this reversal and how long this will last. Please let us know. Bidu is trading 110, whats your opinion now. I got in when its 120. Yoou think its in up cycle now again.
Thanks
mkr
One Always must trade with stops in place.
I shall publish an update soon with the price targets for SPY