Is Market CRASH Impending?
I commence with my gratitude to The All-Knower
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| Stock market forecast 5-23-12 CRASH |
I am getting lot of emails, now a days, requesting to do analyses. That I refer to as an indicator of Universe telling us something bigger is impending. Although, US Stock Markets have lost only 8-11% from their top in April 2012.
Therefore, I looked up on my special proprietary indicator (I have tweaked something already available), which is excellent in calling bottom. I was awed to discover that This indicator has reached to the lowest level, not seen since October 2008 Crash. It has surpassed the low levels of May 2010 Flash Crash, Summer of 2011 Crash. With prices only pull-backed by a small fraction as compared to previous crashes, it is foretelling that we shall see much lower prices in the near future, once the 1,290 area is violated to the downside.
If your are trader, who loves to trade the swing, then I will be watching SPX levels of 1283, 1268, 1230 area for potential bounce.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
Wait a minute. Just last Friday you were talking about a "rally". We got 1 1/2 days of a "rally" but really I don't consider that a real bonified rally. On Monday you said "I foresee the first targets for SPY rally at $133 and $135. Now you are taking about a potential crash. How can things change so quickly? Per my comment last week, do world events (ie. Greece) trump technical analysis?
Dave in Clearwater
Hi,
Nice blog, and thanks for sharing. Please could you take a look at euro 4H or daily, and do you see it go back to 12900 and above in the next week or two?
Thanks
Alex
Dear Mr.Dave and all friends out there,
Its easy for us to comment when things dont go the way, the cycles or astrology things, technicals showing. All are just humans,they use so many methods as best as they can to understand and predict. In that process, some times it works, some times it does not. We have enormous energies released for past few years from earthquakes,hurricanes,eclipses, tornadoes,sun flares,volcanic eruptions etc,.. Not everyone can withstand these energy levels unless one has deeper faith, divine knowledge and calmness. So much emotional instability is going on right now around human psyche. Wall street, central banks they are all manipulating the situations as the stars are showing in the astrological charts. We are seeing chaotic human emotions, anger,frustrations all are pouring out into the planet thru our emotions. What we give to the planet, coming back to us with the same negativity. Under these planetary shift in the skies, human emotions, constant manipulations by greedy thugs, its not that easy to predict things, unless one is a seer. We do loose money when we play under these volatile situations. This is the game we should be ready inside, when we are playing. This is not investing, its a gambling in fact. Do you see any fairness in financial markets? Its just like a casino, trillions changing hands. We are all very small fish in sharks game.
Mr.Syed is no seer. He is sharing his passion with all for free. God is not part of this gambling in reality. He is far beyond these gamblings. We are only responsible for our greed. So lets take responsibility for our thirst for money.
This will get even uglier than this in next few years. Election game is in play. So we all have to be very cautious with our hard earnings. PEACE TO ALL.
Thanks syedji and all — shanti om.
Thanks Alex Dave and Shanti (I will call you Shanti)
Dave you are right
I felt I had to give the readers all information available to me. So there is the case scenarios for rally, which we had according to my forecast. Then we starting having the volatility, which is sign of top or bottom. If the lows of 5/18 held on all three indices, then the rally shall continue and today was just a test of the low. BUT if it fails, we have a waterfall decline….
Mr. Syed,
how is you are calling for much lower prices when your indicator is calling a bottom?
Regards,
Paolo
Paolo
Good observation. Indicator is signally a bounce here but, it is also saying that further decline is coming, as prices usually drop further, while indicator starts rising higher, when the bottom is being put in..
It is called divergence. Indicator has gone lower than previous lows, but prices have not gone down as much as, before.
I hope that answers it.