I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing of all hidden and obvious known, past, present and future
Remember the following chart
We have reached that price level (so indicated on the chart) and even went passed it by a little “lost motion” amount, under the Mercury Retrograde influence making people think that oh! oh!, forget about all the bad news, we are going higher and higher, all this doom talkers have no validity…………..). (fast quick rally, (predicted on the chart and the August 31st and September 1st forecasts, as well, please see the chart below, previously shown on 08-31)
The Friday’s price cycle came within the time band of 09-3rd time cycle and another time cycles coming after today close and tomorrow (September 08th). That means that we have a time cycle band average focusing on and during the long weekend time, when the US markets were closed. Thus we may have triggered the reversal CIT over the weekend.
I, therefore, shall be watching and looking out for reversal starting from September 07 open, to go short.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
Thank you Mr Syed and like always illuminating with refreshing perspective.
Yes, Fantastic analysis
Always anxiously wait for your guidance of the markets.
You are the Markets GURU, Sire
Dear Mr Syed, should we enter puts now or wait for confirmation ?
If you didn't right at the open, then I would wait for the confirmation of hourly bar, to confirm the entry
Remain Blessed
Thanks for the prompt reply to the reader questions