Financial Markets Forecast – 01-02-2011

I commence with my gratitude to The Creator

Are the markets going to continue their, high flying journey, to even higher targets??…………………… Failure to have a serious correction in November/December, has put a lot of pressure on the markets, according to the time cycles. Markets may jump up for next couple of days, as previously suggested up-to 01/04-01/05, but if they start showing the weakness, from the first two day, then all bets are off. January month could be very tough for the markets.

There is cluster of several mathematical time cycles including 30, 180 days, Mercury mathematical time cycle, due in the first week of January. and Its manifestation could start earlier than 01/04!!!! (we have already hit a profit target for S&P previously shown on 12/27/2010, see the chart below)

Once, the markets get through the month of January, then we can look for another high in March or June.

Therefore, next couple days are very important to watch. If I am correct in my assumption that current DNA of the markets is similar to that of 2007, then markets might get sold off, more than one is estimating. In that case, markets will be making a swing low in the last week of January 2011.