I commence with my humblest gratitude to The Most Gracious and The All-Knower of hidden and obvious, present and future, for the countless blessings and including the ability to share with others (You should share with others, if you think, it is useful to others!!!)
I had forecasted a time cycle ingress on Aug 16th. Did that create a reversal on 08-16? Very likely!!! Once we see that retracement up-to these price levels as indicated on the charts, then I shall look for the evidence of weakness on 30-min and 60-min charts to short again and or add to the existing shorts positions, if any.
Please see the attached chart for further elaboration; (I almost forgot to mention, (added at 6.39 am PST) For QQQQ $45.25-45.27 is also an important number to watch)
http://trade-in-harmony.blogspot.com/
Thanks for the update Sir Mr Syed
You Sir Always have command of markets cycles. and thank you and God Bless you for sharing it. I sure let my friends know about your kind and accurate site.
thaks again
mr syed do u expect the market to turn today or tomorrow to the downside.
bTW excellent forecasting for exact time turning on the day.
next turn date is 19 august so should we wait till then with new short positions or its possible that correction will end today or tomorrow ?