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| US Stock Market Forecast 06/18 |
I had alerted you for Dow Jones Industrial resistance price area of 12,700-12,750. Furthermore, I had alerted you about time cycle for reversal into the markets’ prices. Dow Jones stopped around the predicted price zone on 06/15. Similar price zone proved to be a strong resistance on 06/18, also. See the chart attached.
All indicators are pointing in an agreement for a pull-back or consolidation. Market has reached a juncture, where it is highly probable for a pull back/consolidation. see attached.
If the current time cycle is not reversal time cycle, but instead a inverse time cycle, then markets will not pull back or consolidate here. Then, I am looking at a higher price target of 13,000-13,030. Beyond that Markets shall find a strong resistance rather a brick wall zone around 13,190, and 13,290
http://trade-in-harmony.blogspot.com/
Hi Syed,
Any thoughts on whether we are looking at a cycle turn reversal (pullback) or inversion (more rally)?
Thanks and blessings
Hello Sir,
I am wondering if you are forecasting the beginning of a downturn and if so, what are your targets for S&P/QQQ.
thanks.
Salam Syedji,
Thank you and universe bless you. I missed on your xau gold call then. Whats your take on your xau and gld again?. Gold went down again, so time to get in.
Googles support 568 broken, whats your take on that sir?
FB is not breaking down much, so bought some options –what should we do with it?
what about BIDU, GS, apple cycles. whats your down target on spy and dow sir?.
Sorry for taking your time. Thank you for all you do and we are all grateful to you and creator.
Regards and peace to all
Shanti.
WoW ! what a good informative blog, Stock market is the way where one can earn good income by investing in good stocks, Experts always analyze the stock market so that users can earn money
Nice site
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