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Watching the markets from other dimension : An astral view of markets Market prognosis without the fluff, nonsense and jargon. A to-the-point plain language set of timely indicators to Trade, Buy, Sell assets and markets and vital world events, based on all occult, metaphysical and physical... More
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  • Market's Change Of Direction ? Unanswered Questions 0 comments
    Mar 13, 2012 5:38 PM | about stocks: SPY, NQ, QQQ, IWM, GLD, SLV

    14th March should be a key date for anyone expecting a major Market direction change. 14th to 22nd March period should form a top in major markets.

    This being quarterly options expiry week is very crucial for traders.

    Expect huge volatility from 13th Afternoon to 16th March specially.

    The market should make new highs during the period of 13th and 14th March.

    However watch the EU open on 14th March to 14th Evening for extreme moves.

    The current trend, one of the longest running bull show, should see some turns from 14th to 21st March.

    If nature's cycles are counted the markets should collapse for long, however there are so many interests to keep the market indices in some particular numbers which may keep the market flat or crippled for sure. Bigger the trend, bigger the trend changing time.

    You may get a few good opportunities during next 3 days for covering any positions you may have.

    Not writing on any specific index, commodity or market for now.

    Metals: We could expect massive turns on some metals from early Next week.

    Agri commodities: From 21st March big turns may be expected.

    Currencies: Big changes from next week.

    If you are interested in any specific commodities or assets let us discuss them.

    Posted on 13th March Morning

    PS: After Hour 13th March: Market as expected rallied in last one hour. As per the various factors, the markets should remain in the same direction for another day.

    Situation may begin to change either at Europe open or around early NY hours of March 14th. The week being the expiry week may present even more volatility and sudden gyrations. The key hours should be 13th Mar, 930 PM EST / Asia open -/+ and then at around 2AM EST and 4 AM EST, 14th Mar.

    This option month/week/quarter should prove to be very gloomy for expiring short positions unless there is a turn on 14th that appears unlikely due to so many man made manipulations that have become part of Financial news that appear to be crafted and timed deliberately to create an illusion. But then most of the financial markets are smoke and mirror game of illusion that shroud more mystery than religious frauds.
    http://astralguide.blogspot.com/

    Disclosure: I am short NQ, QQQ, TF, IWM.

    Themes: equities, indices Stocks: SPY, NQ, QQQ, IWM, GLD, SLV
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