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Monday, August 17, 2009

August 17 Weekly Update - Stock Market Forecast

August 17 Weekly Update - Stock Market Forecast

Fengshui: Market likely to do well from August 17 to 20.

Financial Astrology: Many powerful planetary alignments. Will it be powerful Bull or Bear? Expect large price swings and high volatility. It is better to stand aside.
Market will decide which way to turn on August 18. A break below 9210 (Dow), next target 8980. A break above 9380, uptrend might continue.

Technical Analysis: US indices – Wave 2 (3 waves abc) likely started, likely continuing wave c down.

This is Options Expiration Week, so expect high volatility.

Read China Leader in Stock Market Recovery & Crash?

Read Solar Eclipse Impact on Stock Market

What day is August 18 2009? What day is August 20, 2009?

August 18 – it is how many days from the start of this Bear Market?

August 20 – It is the first day of the 7th Lunar Month, the start of the Hungry Ghost Festival!

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I assume no responsibility for your trading and investment results.
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