FORECASTING TRADING

MARKETS READY TO CRASH

2009-05-19T06:52:00.000-07:00

As long as we don't close above last week highs, markets will make new lows within july 09.

UPDATE. DAILY FORECAST

2009-04-22T05:35:00.000-07:00

S&P500

T1 675.76

T 623.55

T2 571.34

within 05/25/2009

Stop for a daily close above 868.27

NEW BEARISH SCENARIO. DAILY TIME FRAME

2009-04-14T16:28:00.000-07:00

S&P500

T1 693.36

T 643.98

T2 594.60

within 05/20/2009

stop for a close above 864.31

UPDATE. TARGETS FOR S&P500

2009-04-08T11:29:00.000-07:00

S&P500

T1 683.77

T 639.84

T2 595.91

within 05/05/2009

stop for a daily close above 845.61

I'll update DJ, Nasdaq and Russell 2000 as soon as possible.

UPDATE

2009-04-07T04:25:00.000-07:00

There will be daily bearish reversal today if:

Dow Jones will close below 7763.99

S&P500 will close below 826.70

Nasdaq Composite will close below 1593.05

Russell 2000 will close below 442.23

We will have weekly bearish reversal if we close the week below those levels:

Dow Jones 7437.59

S&P500 779.81

Nasdaq Composite 1484.98

DAILY BEARISH SCENARIO

2009-03-31T04:07:00.000-07:00

S&P500

T1 704

T 621.34

T2 538.25

within 04/20/2009

stop for a daily close above 832.98

Dow Jones

T1 6791.33

T 6060.64

T2 5329.95

within 04/20/2009

stop for a daily close above 7931.33

Nasdaq Composite

T1 1341.06

T 1180.32

T2 1019.58

within 04/20/2009

stop for a daily close above 1587

Russell 2000

T1 364.62

T 313.26

T2 261.91

within 04/20/2009

stop for a daily close above 445.30

UPDATE. BEARISH REVERSAL LEVELS FOR TODAY

2009-03-27T00:56:00.000-07:00

Once this pattern will be completed, (this time) we will go deeeeply down .

There will be daily bearish reversal today if:

Dow Jones will close below 7752.28

S&P500 will close below 814.06

Nasdaq Composite will close below 1545.21

Russell 2000 will close below 427.29

UPDATE. MAYBE WITHOUT GEITHNER..

2009-03-25T04:51:00.000-07:00

There will be daily bearish reversal today if:

Dow Jones will close below 7646.99

S&P500 will close below 805.48

Nasdaq Composite will close below 1515.63

Russell 2000 will close below 416.07

Next leg down

2009-03-22T13:02:00.000-07:00

I think the next move down should take next two weeks.

First step of the correction was completed with friday 20 close: daily reversal.

Second phase will be completed on friday 27 with a weekly bearish reversal. The weekly scenario will end 04/03/2009.

Target of this leg down should be the weekly one.

DAILY BEARISH SCENARIO

2009-03-22T12:53:00.000-07:00

S&P500

T1 666.20

T 632.09

T2 597.98

within 04/02/2009

stop for a daily close above 803.24

Dow Jones

T1 6452.11

T 6176.69

T2 5901.27

within 04/02/2009

stop for a daily close above 7571.64

Nasdaq Composite

T1 1274.62

T 1213.73

T2 1152.85

within 04/02/2009

stop for a daily close above 1509.06

Russell 2000

T1 340,55

T 320,69

T2 300,84

within 04/02/2009

stop for a daily close above 422.01

UPDATE.

2009-03-20T02:17:00.000-07:00

There will be daily bearish reversal today if:

Dow Jones will close below 7369.26

S&P500 will close below 781.82

Nasdaq Composite will close below 1475.49

Russell 2000 will close below 411.70

UPDATE

2009-03-19T04:34:00.000-07:00

There will be daily bearish reversal today if:

Dow Jones will close below 7257.27

S&P500 will close below 765.64

Nasdaq Composite will close below 1448.67

Russell 2000 will close below 398.96

UPDATE

2009-03-18T08:18:00.000-07:00

There will be daily bearish reversal today if:

Dow Jones will close below 7172.05

S&P500 will close below 749.93

Nasdaq Composite will close below 1405.32

Russell 2000 will close below 387.32

UPDATE. DAILY SCENARIO

2009-03-16T14:43:00.000-07:00

There will be daily bearish reversal on tuesday if:

Dow Jones will close below 7206.85

S&P500 will close below 753.37

Nasdaq Composite and Russell 2000 completed the reversal pattern:

Nasdaq Composite. BEARISH

T1 1269.21

T 1224.27

T2 1179.33

within 3/23/2009

stop for a daily close above 1445.27

Russell 2000. BEARISH

T1 343.03

T 328.59

T2 314.15

within 3/23/2009

stop for a daily close above 400.36

UPDATE. DAILY SCENARIOS

2009-03-15T04:06:00.000-07:00

Last week my system was completely wrong.

Markets anticipated a little bit bottom in price and time (weekly scenarios were calculated at the beginning of the 2009 and were 26 points and 4 days wrong on S&P500...) before sky rocketing.

Anyway, we are waiting for daily bearish reversal. There will be daily bearish revrsal on monday if:

Dow Jones will close below 7105.86

S&P500 will close below 742.46

Nasdaq Composite will close below 1408.26

Russell 2000 will close below 387.32

UPDATE 03/13/2009. DAILY SCENARIO

2009-03-13T04:38:00.000-07:00

S&P500 will reverse if today will close below 714.76

MARKETS SHOULD PLUNGE HEAVILY

2009-03-12T06:39:00.000-07:00

If today S&P500 will not close above 731.92, it should plunge in the next few days

UPDATE. 03/12/2009

2009-03-12T06:34:00.000-07:00

S&P500

Daily bearish reversal if today will close below 713.85

UPDATE

2009-03-06T08:52:00.000-08:00

S&P500 may tank to 620 within 03/13/2009

T1 653.35

T 620.19

T2 587.03

within 03/13/2009

stop for a daily close above 712

UPDATE. WILL HIT WEEKLY TARGETS

2009-03-01T03:52:00.000-08:00

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

within middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

within middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

within middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

within middle of march

UPDATE. WAITING

2009-02-25T02:49:00.000-08:00

Waiting for the rebound to finish and short higher (maybe) and going for weekly targets.

I'll update as soon as possible new scenarios

UPDATE

2009-02-24T00:03:00.000-08:00

On daily time frame you should close short positions because we reached targets.

This week, S&P500 low should be 831.50 - 838, very close to 842.37 hit yesterday

UPDATE

2009-02-23T05:22:00.000-08:00

Take profit on daily time frame if and only if:

S&P500 will close above 778.69

Dow Jones will close above 7469.29

Nasdaq Composite will close above 1454.39

UPDATE. DAILY AND WEEKLY SCENARIOS

2009-02-19T04:11:00.000-08:00

DAILY TIME FRAME

S&P500. BEARISH

TARGET 1 787.64

TARGET 752.28

TARGET 2 716.93

within 2/27/2009

stop for daily close above 839.43

DOW JONES. BEARISH

TARGET 1 7584.35

PREZZO 7482.84

TARGET 2 7381.33

within 2/26/2009

stop for daily close above 7970.84

NASDAQ COMPOSITE. BEARISH

TARGET 1 1301.62

PREZZO 1260.58

TARGET 2 1219.54

within 2/26/2009

stop for daily close above 1552.57

WEEKLY TIME FRAME

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

within middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

within middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

within middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

within middle of march

DAILY BEARISH REVERSAL ON ALL INDEXES

2009-02-10T15:11:00.000-08:00

Daily bearish scenario S&P500:

TARGET 1 787.64

TARGET 752.28

TARGET 2 716.93

within 2/17/2009 or 2/27/2009

stop for daily close above 875,01

i'll update other indexes as soon as possible.

UPDATE

2009-02-10T05:34:00.000-08:00

Today 02/10/2009 we will have a daily bearish scenario if:

Dow Jones will close below 8196.24

S&P500 will close below 861.65

Nasdaq Composite will close below 1576.10

Russell 2000 will close below 463.50

FORECASTING S&P500 FEBRUARY HIGHS AND LOWS

2009-02-09T10:17:00.000-08:00

The high will be in the range 867.50 - 895
The low will be in the range 784.50 - 757

UPDATE

2009-02-09T00:29:00.000-08:00

Today 02/09/2009 we will have a daily bearish scenario if:

Dow Jones will close below 8052.24

S&P500 will close below 845.52

Nasdaq Composite will close below 1545.85

Russell 2000 will close below 454.52

UPDATE

2009-02-06T03:04:00.000-08:00

Today 02/06/2009 we will have a daily bearish scenario if:

Dow Jones will close below 7929.26

S&P500 will close below 829.18

Nasdaq Composite will close below 1495.52

Russell 2000 will close below 446.73

If this will be the case i'll update daily scenarios with targets in price and time

UPDATE. DAILY BEARISH REVERSAL

2009-02-05T02:41:00.000-08:00

We will have a daily bearish scenario if:

Dow Jones will close below 7929.26

S&P500 will close below 829.18

Nasdaq Composite will close below 1508.87

Russell 2000 will close below 446.73

If this will be the case i'll update daily scenarios with targets in price and time

UPDATE

2009-02-04T00:13:00.000-08:00

On daily time frame the bearish scenario was syopped with yesterday close.

Markets may rebound little bit, but i will not post any target because i'm waiting new daily reversal that will bring us to weekly targets.

If we are lucky we will short higher...

Weekly targets are still in charge.

UPDATE

2009-02-03T00:06:00.000-08:00

We should close shorts on daily time frame if today we close above:

S&P500 830.78

Dow jones 8000.62

Nasdaq Composite 1502.72

Russell 2000 451.27

Otherwise we go to daily targets

UPDATE

2009-01-30T07:12:00.000-08:00

Daily bearish scenario

S&P500 is bearish on daily time frame. This is the forecasting in price and time:

TARGET 1 808.53

TARGET 771.91

TARGET 2 735.30

within 02/05/2009

Stop for a close above 877.86

Dow Jones is bearish on daily time frame. This is the forecasting in price and time:

TARGET 1 7900.09

TARGET 7652.17

TARGET 2 7403.75

within 02/04/2009

Stop for a close above 8195.76

Nasdaq Composite is bearish on daily time frame. This is the forecasting in price and time:

TARGET 1 1440.72

TARGET 1373.59

TARGET 2 1306.47

within 02/06/2009

Stop for a close above 1568.33

Russell 2000 is bearish on daily time frame. This is the forecasting in price and time:

TARGET 1 433.86

TARGET 412.25

TARGET 2 390.65

within 02/05/2009

Stop for a close above 474.47

Weekly bearish scenario

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

within middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

within middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

within middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

within middle of march

UPDATE. DAILY BEARISH REVERSAL ON DAILY TIME FRAME

2009-01-29T15:25:00.000-08:00

S&P500, Nasdaq Composite, Russell 2000 already reversed on daily time frame. Dow Jones not yet.

I think there is high probability that weare going to hit weekly targets in price and time.

I'll update new daily scenario later.

UPDATE

2009-01-29T06:58:00.001-08:00

If today we close below these levels:

S&P500 845.73

Dow Jones 8078.04

Nasdaq Composite 1530.03

Russel 2000 455.97

we'll have bearish reversal on daily time frame

UPDATE

2009-01-28T15:08:00.000-08:00

S&P500 is bullish on daily time frame. This is the forecasting in price and time:

TARGET 1 915.49

TARGET 985.26

TARGET 2 1055.04

within 02/10/2009

Stop for a close below 845.73

Dow Jones is bullish on daily time frame. This is the forecasting in price and time:

TARGET 1 8764.25

TARGET 9353.76

TARGET 2 9943.28

within 02/13/2009

Stop for a close below 8078.04

Nasdaq Composite is bullish on daily time frame. This is the forecasting in price and time:

TARGET 1 1620.73

TARGET 1736.55

TARGET 2 1852.38

within 02/12/2009

Stop for a close below 1530.03

Russell 2000 is bullish on daily time frame. This is the forecasting in price and time:

TARGET 1 499.84

TARGET 543.71

TARGET 2 587.58

within 02/12/2009

Stop for a close below 455.97

DAILY BULLISH SCENARIO ON S&P500

2009-01-27T14:08:00.000-08:00

S&P500 reversed. This the forecasting in price and time:

TARGET 1 915.49

TARGET 985.26

TARGET 2 1055.04

within 02/10/2009

Stop for a close below 835.40

Dow, Nasdaq and Russell 2000 did not reversed yet. Daily reversa point:

Dow Jones will close above 8243.55

Nasdaq Composite will close above 1521.85

Russell 2000 will close above 457.40

UPDATE

2009-01-27T07:40:00.000-08:00

Choppy market on daily time frame continue.

So, on daily time frame check these trigger levels:

We will have a daily bullish scenario if:

Dow Jones will close above 8243.55

S&P500 will close above 841.72

Nasdaq Composite will close above 1521.85

Russell 2000 will close above 457.40

We will have a daily bearish scenario if:

Dow Jones will close below 8023.16

S&P500 will close below 827.69

Nasdaq Composite will close below 1470.81

Russell 2000 will close below 443.59

Let's see on close what will figure out.

Remember also the weekly bearish scenario:

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

within middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

within middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

within middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

within middle of march

UPDATE

2009-01-25T03:24:00.000-08:00

Daily reversal point for monday. Probably swing highs on 02/06/2008

Dow Jones will close above 8243.55

S&P500 will close above 841.72

Nasdaq Composite will close above 1521.85

Russell 2000 will close above 457.40

I'll publish new daily scenarios with targets in price and time if we will reverse

A SHORT TERM BOUNCE MAY BE IN THE CARDS

2009-01-23T06:41:00.000-08:00

But we have to wait price confirmation first!

Keep in mind this will likely be a simple rebound before the weekly scenario lows...

I'll update the new daily scenario if it will occur. Until that do not anticipate the market

UPDATE

2009-01-22T03:25:00.000-08:00

Daily reversal point for today.

Dow Jones will close above 8243.55

S&P500 will close above 841.72

Nasdaq Composite will close above 1521.85

Russell 2000 will close above 457.40

I'll publish new daily scenarios with targets in price and time if today we will reverse

UPDATE
Nothing changed for today 01/23/2009

UPDATE ON DAILY REVERSAL

2009-01-21T05:14:00.000-08:00

If we don't make new lows, today we reverse if and only if:

Dow Jones will close above 8291.88

S&P500 wil close above 849.64

Nasdaq Composite will close above 1521.85

Russell 2000 will close above 464.45

If today we will reverse i'll update daily scenarios with targets in price and time.

This will likely be just a rebound before the LOWS of the weekly scenario:

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

for middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

for middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

for middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

for middle of march

UPDATE. DAILY REVERSAL SCENARIO ON NASDAQ AND RUSSELL 2000 INVALIDATED

2009-01-20T15:16:00.000-08:00

Daily reversal scenario on Nasdaq and Russell 2000 has been invalidated

DON'T THINK WE'LL GO STRAIGHT FOR WEEKLY FORECASTING LOWS

2009-01-20T07:00:00.000-08:00

On daily chart still waiting for a daily reversal before the big crash predicted in price and time by weekly scenarios

WEEKLY BEARISH REVERSAL PATTERN

2009-01-18T05:11:00.000-08:00

S&P500

TARGET 1 749.06

TARGET 648.00

TARGET 2 546.94

for middle of march

DOW JONES

TARGET 1 7463.39

TARGET 6645.55

TARGET 2 5827.72

for middle of march

NASDAQ COMPOSITE

TARGET 1 1344.36

TARGET 1159.38

TARGET 2 974.41

for middle of march

RUSSELL 2000

TARGET 1 392.60

TARGET 318.75

TARGET 2 244.90

for middle of march

DAILY BULLISH REVERSAL PATTERN FOR NASDAQ AND RUSSELL 2000

2009-01-18T04:55:00.001-08:00

With friday's close we had daily reversal pattern on Nasdaq Composite and Russell 2000
but not yet on S&P500 and Dow Jones.

S&P500 will reverse on daily chart if tuesday close will be higher than 851.59

Dow Jones will reverse on daily chart if tuesday close will be higher than 8286.16

The following are targets in price and time for Nasdaq and Russell 2000:

NASDAQ COMPOSITE

TARGET 1 1633.79

TARGET 1738.24

TARGET 2 1842.70

for 01/27/2009

Stop for a close below 1490.35

RUSSELL 2000

TARGET 1 506.18

TARGET 545.90

TARGET 2 585.63

for 01/27/2009

Stop for a close below 451.77

UPDATE

2009-01-16T00:06:00.000-08:00

T targets perfectly achieved. Looking for little rebound.

We will have some kind of rebound if today we close above these levels:

S&P500: 851.59

Dow Jones: 8286.16

Nasdaq Composite: 1521.58

Russell2000: 464.97

I will update scenarios if something will change, but rebound just to short higher. Keep in mind that this will likely be just a little jump before huge correction.
With friday close we will have weekly bearish reversal. So, daily reversal just tell us where to short better in PRICE and TIME.

I can anticipate a price target for the daily bullish reversal around 880 (target of the rebound, approx in 5-6 days) and then a target for the weekly bearish reversal near 650 (approx in 6-7 weeks).

But we have to wait the close for the right targets

UPDATE

2009-01-15T01:03:00.000-08:00

We are now between T1 and T targets. So we are looking for little rebound.

We will have some kind of rebound if today we close above these levels:

S&P500: 867.68

Dow Jones: 8446.25

Nasdaq Composite: 1528.65

I will update scenarios if something will change, but rebound just to short higher. Keep in mind that this will likely be just a little jump before huge correction.

UPDATE STOCKS

2009-01-14T03:52:00.000-08:00

BANK OF AMERICA

TARGET ACHIEVED! STOP SHORT

T1 12.67

T 11.62

T2 10.58

for 01/16/2009

stop for a close above 14.81

CITIGROUP

TARGET ACHIEVED! STOP SHORT

T1 6.62

T 6.08

T2 5.55

for 01/16/2009

stop for a close above 7.58

GOLDMAN SACHS

STOP SHORT FOR A CLOSE ABOVE 78.88. OR STOP SHORT TOMORROW

T1 75.92

T 67.34

T2 58.76

for 01/15/2009

stop for a close above 92.20

GENERAL ELECTRIC CO

STOP SHORT. TIME OVER

T1 15.18

T 14.24

T2 13.31

for 01/14/2009

stop for a close above 17.22

GOOGLE INC

STOP SHORT FOR A CLOSE ABOVE 318.95. OR STOP SHORT TOMORROW

T1 297.40

T 272.79

T2 248.18

for 01/15/2009

stop for a close above 340.80

APPLE

STOP SHORT FOR A CLOSE ABOVE 89.74. OR STOP 01/16/2009

T1 84.70

T 78.39

T2 72.08

for 01/16/2009

stop for a close above 97.17

INTEL

STOP SHORT

T1 13.64

T 12.84

T2 12.04

for 01/16/2009

UPDATE

2009-01-14T00:36:00.000-08:00

T1 targets were hit on indexes. So market may rebound.

We will have some kind of rebound if today we close above these levels:

S&P500: 877.02

Dow Jones: 8522.08

Nasdaq Composite: 1557.95

I will update scenarios if something will change, but rebound just to short higher

DON'T FORGET

2009-01-11T01:48:00.001-08:00

S&P500

TARGET 1 864.78

TARGET 822.90

TARGET 2 781.03

for 01/16/2009

DOW JONES

TARGET 1 8407.78

TARGET 8045.86

TARGET 2 7683.94

for 01/14/2009

NASDAQ COMPOSITE

TARGET 1 1512.97

TARGET 1426.88

TARGET 2 1340.79

for 01/14/2009

Time frame: daily

BANK OF AMERICA

T1 12.67

T 11.62

T2 10.58

for 01/16/2009

stop for a close above 14.81

CITIGROUP

T1 6.62

T 6.08

T2 5.55

for 01/16/2009

stop for a close above 7.58

GOLDMAN SACHS

T1 75.92

T 67.34

T2 58.76

for 01/15/2009

stop for a close above 92.20

GENERAL ELECTRIC CO

T1 15.18

T 14.24

T2 13.31

for 01/14/2009

stop for a close above 17.22

GOOGLE INC

T1 297.40

T 272.79

T2 248.18

for 01/15/2009

stop for a close above 340.80

APPLE

T1 84.70

T 78.39

T2 72.08

for 01/16/2009

stop for a close above 97.17

INTEL

T1 13.64

T 12.84

T2 12.04

for 01/16/2009

stop for a close above 15.51

NEXT WEEK HIGHS AND LOWS

2009-01-11T01:44:00.000-08:00

Bearish trend for next week. So look at the lows.

S&P500

High 918 - 896 Low 863 - 840

Dow Jones

High 8855 - 8650 Low 8548 - 8344

Nasdaq

High 1680 - 1642 Low 1623 - 1584

DAILY REVERSAL PATTERN ON SINGLE STOCKS

2009-01-08T04:09:00.000-08:00

Time frame: daily

BANK OF AMERICA

T1 12.67

T 11.62

T2 10.58

for 01/16/2009

stop for a close above 14.81

CITIGROUP

T1 6.62

T 6.08

T2 5.55

for 01/16/2009

stop for a close above 7.58

GOLDMAN SACHS

T1 75.92

T 67.34

T2 58.76

for 01/15/2009

stop for a close above 92.20

GENERAL ELECTRIC CO

T1 15.18

T 14.24

T2 13.31

for 01/14/2009

stop for a close above 17.22

GOOGLE INC

T1 297.40

T 272.79

T2 248.18

for 01/15/2009

stop for a close above 340.80

APPLE

T1 84.70

T 78.39

T2 72.08

for 01/16/2009

stop for a close above 97.17

INTEL

T1 13.64

T 12.84

T2 12.04

for 01/16/2009

stop for a close above 15.51

BEARISH REVERSAL PATTERN COMPLETE

2009-01-07T13:48:00.000-08:00

As written this morning, new bearish scenario on daily chart confirmed.

S&P500

TARGET 1 864.78

TARGET 822.90

TARGET 2 781.03

for 01/16/2009

DOW JONES

TARGET 1 8407.78

TARGET 8045.86

TARGET 2 7683.94

for 01/14/2009

NASDAQ COMPOSITE

TARGET 1 1512.97

TARGET 1426.88

TARGET 2 1340.79

for 01/14/2009

TODAY'S REVERSAL POINTS 1/7/2009

2009-01-07T02:31:00.000-08:00

Reversal points on daily basis:

If S&P500 will close below 927.28 we will have a daily reversal pattern for targets to define.

If Dow Jones will close below 8940.95 we will have a daily reversal pattern for targets to define.

If Nasdaq Composite will close below 1636.25 we will have a daily reversal pattern for targets to define.

As soon as reversal pattern will be confirmed we will update targets in price and time.

TARGETS ACHIEVED! NOW LOOKING FOR REVERSAL

2009-01-04T02:34:00.000-08:00

Target achieved on S&P500. So, what should we expect for next week?

We have still 3 days in which indexes will hit these levels before correction:

S&P500:

The high will be hit on tuesday or wednesday at 955 - 971

Dow Jones:

The high will be hit on tuesday or wednesday at 9257 - 9385

Nasdaq:

The high will be hit on tuesday or wednesday at 1605 - 1781

These levels will likely be the highs for the whole month!

So check the blog for reversal points and new bearish targets!

NEXT WEEK HIGHS AND LOWS

2009-01-04T02:30:00.000-08:00

S&P500

High 971 - 940 Low 924 - 893

Dow Jones

High 9385 - 9105 Low 8965 - 8684

Nasdaq

High 1646 - 1704 Low 1618 - 1561

REBOUND BEFORE THE BIG PLUNGE

2008-12-30T13:51:00.000-08:00

Stock markets may rebound before the crash. The targets are the following:

S&P500

TARGET 1 903.12

TARGET 932.49

TARGET 2 961.87

in 5 trading days

DOW JONES

TARGET 1 8962.77

TARGET 9257.15

TARGET 2 9551.53

in 5 trading days

NASDAQ COMPOSITE

TARGET 1 1600.65

TARGET 1650.60

TARGET 2 1700.55

in 5 trading days

UPDATE: NEW BEARISH SCENARIO ON DOW JONES. DAILY

2008-12-29T14:59:00.000-08:00

Dow Jones. Bearish

MIN. TARGET
7666.34

TARGET
6913.19

MAX. TARGET
6160.04

in 14 trading days

Remember the two forecasts on S&P500 and Nasdaq posted two days ago:

S&P500. Bearish

MIN. TARGET
796.37

TARGET
707.45

MAX. TARGET
618.54

For the middle of january

Nasdaq Composite. Bearish

MIN. TARGET
1354.16

TARGET
1200.44

MAX. TARGET
1046.72

For the middle of january

STOCKS BEARISH TARGETS

2008-12-29T02:27:00.000-08:00

BANK OF AMERICA

MIN. TARGET 9.81

TARGET 5.81

MAX. TARGET 1.82

in 3 weeks

MERRILL LYNCH

MIN. TARGET 7.28

TARGET 3.13

in 3 weeks

CITIGROUP

MIN. TARGET 3.76

TARGET 0.78

in 3 weeks

GENERAL ELECTRIC CO

MIN. TARGET 12.61

TARGET 9.25

MAX. TARGET 5.89

in 3 weeks

GOOGLE INC

MIN. TARGET 259.26

TARGET 218.16

MAX. TARGET 177.06

in 4 weeks

APPLE

MIN. TARGET 77.77

TARGET 65.54

MAX. TARGET 53.31

in 3 weeks

BEARISH SCENARIO ON S&P500 AND NASDAQ

2008-12-27T10:29:00.001-08:00

This is the first scenario posted here.
We have a bearish scenario on daily chart. No weekly scenario yet.

S&P500. Bearish

MIN. TARGET
796.37

TARGET
707,45

MAX. TARGET
618.54

For the middle of january

Nasdaq Composite. Bearish

MIN. TARGET
1354.16

TARGET
1.200,44

MAX. TARGET
1046.72

For the middle of january

NEXT WEEK HIGHS AND LOWS...

2008-12-27T10:21:00.000-08:00

These could be the highs and lows for next week:

S&P500

High 876 - 888 Low 858 - 846

Dow Jones

High 8400 - 8307 Low 8632 - 8724

Nasdaq

High 1500 - 1476 Low 1560 - 1584

FIRST POST

2008-12-27T02:48:00.000-08:00

In this blog we will try to forecast S&P500, Dow Jones and Nasdaq on a daily and weekly basis.
Each scenario has price and time objectives. While there is only one timetarget, we have three price target. The true one is that we called T, but markets can also move only to T1 and then reverse, or they can overshoot the TARGET hitting T2 before reversing.
We will usually have daily scenarios and weekly scenarios. Daily and Weekly will have differents time/price targets. Weekly scenarios are more powerfull and should be preferred to daily ones.
Each scenario is generated by a software named Market Navigator.