Sunday, January 17, 2010

January 18 Weekly Update - Stock Market Forecast

January 18 Weekly Update - Stock Market Forecast

Fengshui: Market likely to slow down. Jan 20-22 likely volatile.

Financial Astrology: Will markets continue to decline?

Technical Analysis: US markets: Rally likely topped out and Wave C down might have started.

What my Stock Market Time Clocks say?

Jan 21 = 0.618 of time travelled from October 2007 top to March 9 2009. US market indices already hit 0.618 retracement. Has Time for rally run out?

Elliott Wave Count Update:

There are 2 camps:

  1. Wave B up already top out, next is Wave C down. Already hit 0.618 time on Jan 14 2010, price as well.

  2. Wave 4 down then wave 5 up before Wave B ends.

Which Wave count is correct?
Be careful not to be caught in the Bull Trap!

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