Monday, August 24, 2009

August 24 Weekly Update - Stock Market Forecast

August 24 Weekly Update - Stock Market Forecast


Fengshui: Market likely to be slow and weak, better on August 27/28.



Financial Astrology: Expect high volatility.



Technical Analysis: US indices – Wave 3 likely started. Monday might decline.


Other expert views:

Weekly pattern: Week after option expirations week tend to be down.

China Shanghai Composite: Likely to rebound to 3040-3125 before next leg down to test 2761, if break more downside.

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