I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
That was the headline of the forecast dated August 10th, 2010. Since then, we had declined over 700 points in the Dow and 90 points in the SPX, and 210 point in the NASDAQ. In the said forecast, I stated that we have a serious decline at our hand.
One of the favorite charts, W.D. Gann used, is the Weekly Chart. It clears the noise from the daily gyration and it is rather the 2nd most helpful chart in determination of the trend, if not the best one. Let’s see the update of the markets with the help of the weekly charts.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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