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Monday, November 30, 2009

November 30 Weekly Update - Stock Market Forecast

November 30 Weekly Update - Stock Market Forecast

Fengshui: Market likely to be weak this week, except for December 3 & 4 which shows potential strength. Dec 2 likely to be volatile.

Financial Astrology: Uranus turns direct on December 1 and US markets might have reversed prior to this date due to the Dubai Shock. December 2 is Full Moon. Will markets reverse up or breakout to the downside?

Technical Analysis: US indices – Final Wave 5 up had truncated and Phase 3 down might have started, if there is downside follow-thru this week when trading volume picks up.

A very heavy schedule of important potential market-moving economic reports this week:

Dec 2: ADP employment report, Fed Beige Book

Dec 4: Non-farm payrolls and Monthly Unexployment Rate

Have you read "Will Dow Repeat 1987's Post-Thanksgiving Decline?"

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