I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing
As I have stated in several of my posts, nothing is new under the Sun. It is up to us that we look for similar patterns in the past, to deduct the pending conclusion.
One of the most dominant time cycles of the financial markets is coming in on October 8 (+/-2). Financial Markets have been struggling to go higher and been stuck in the range for about a week. Would this time cycle create a change in the trend, which has been since August 30th and or July 1st in some markets? This cycle has created a longterm reversal in the trend before, it has the potency to do it again, as the price cycles have been setting the stage up for it.
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thanks Mr Syed for the update
Would that fit into your criteria for Crash, you have forecasted???
Yes, as matter of fact, it would!
Remain Blessed
Thanks for the update Mr Syed. You are a blessing to many to read your posts. I hope you and your family are well.
Hi Mr.Syed,
I was wondering if you follow QCOM? The chart looks extremely interesting and may be a good short. It reminds me of Amazon and Akamai and both went down.
All the best.
Patrick
Hello,
Consumer sentiment is down and the private sector jobless numbers are up. Moreover, the Fed keeps printing money to buy treasuries and invest in the markets to create a mirage that if the markets are going up, the economy is improving. Mr.Syed is correct, it's all a matter of time when it comes crashing down..
Good luck to all.
Patrick
instead reversal we have again new highs, 8 oct + 2 is sunday, does it mean that reversal signal is dead and rally will continue or it should kick in with delay ?
Thank you Mr. Syed for all of your diligent work. Do you have any updates?
Thank you very much Mr. Syed for your kind hint on market timing.
Sincerely,
Poh
Thanks for the update! 🙂
Patrik
Dear Luc,
you should read the previous post again, then you will find the anw
how are you!This was a really magnificentsuper blog!
I come from roma, I was luck to discover your Topics in digg
Also I learn a lot in your Topics really thanks very much i will come again