Seeking Alpha

astralguide's  Instablog

astralguide
Send Message
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
My company:
atstralguide
My blog:
Financial Markets Astral guide
  • Prognosis for markets on Wednesday and beyond 0 comments
    Apr 27, 2010 10:48 PM | about stocks: QID, SDS, SRS, VXZ
    Wednesday 28th April trading day - Continuing with correctionMany indicators would tell us that after a big red day of sell off, it is natural to have a reversal the next day. Yes it is true.
    It could be possible. But over all we are still in a decline mode.

    In my books I do see the Wednesday and Thursday as negative. Even though it is possible to have some reactive reversal but this may not yet be the end of the current correction.

    A few markets may open high but they may not be very durable.
    I would try to post some key hours that I see as interesting for day trades.

    I still see most Agri. commodities down.

    Replying to Friend Greg's comment on timing, please know that I am trying to refine my work to maximum precision. I may have few hours or a day here and there but we can read into the major changes.
    Will add more shortly.

    + GOLD : I see Gold being bullish for next few days.

    + REIT : We may be entering into a phase where many traders would be shorting the Real Estate ETFs for some time.

    + Suggestion: Suggest that you share your position in the comment section time to time. One might get other opinions.


    Key Hours where trading sessions may reverse:
    Today is not a day to go long for sure.

    11 AM cst / 12 am est

    11.40 am cst / 12.40 pm est

    12.35 pm cst / 13.35 pm est

    1.20 pm cst / 2.20 pm est

    Around 2.00 PM cst market may enter into some positive mood.  

    Disclosure: ung
Back To astralguide's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.