Market Outlook 11-23-10

With my gratitude to The Creator

Financial Markets are down, as previously forecasted (on 10-30-10) due to the time cycle of 11/21 (2 years time cycle completion). Now, as a trader, our task to look for the sign for further deterioration, thus more decline or a support at certain levels, which shall take the markets to new highs of the last 2.5 yrs. DJI has tested the important support level again today. It must not violated to keep the intermediate uptrend intact. (I believe that Markets shall challenge the May 2008 highs, after completing the required corrections) click on the charts to enlarge
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

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3 thoughts on “Market Outlook 11-23-10”

  1. Mr. Syed,

    Can you please write more about 2,5 year cycle ? Does it mean we should see the top in march/april 2011 (on 11/21 there was 2 year cycle end, so If I add 6 months it gives april 11 as a result ? I assume the same start point for both 2 & 2,5 year cycles.

    Remain blessed,
    Robert

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