Financial Markets Update – 12-20-10

I commence with my gratitude to The Ultimate All-Knower

Financial Markets are probably making some participants dizzy due the moves, the markets are making. The S&P’s support at 1,220 needs to be held to keep the uptrend in tact.

If this support is held, then after a reasonable sell-off (between the last week and January first week), then the Financial Market shall finish its cycle, which it started back on 03/06/2009. It could be 24 months cycle, ending in March 2011 or it could expand into the June 2011 (i.e., 2-3 months orb). Click the chart to expand.