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PRELUDE TO COLLAPSE

01 Sep Posted by in Market Forecasting | Comments Off on PRELUDE TO COLLAPSE
PRELUDE TO COLLAPSE
 

 

Examination of the fundamentals for stock prices, indicates some curious alignments setting up with the chart aspects for the same. Tomorrow (09/02/11) marks a critical time target for the indices. Additionally, yesterday’s (08/31/11) top in the September e-mini, of 1229.75 is at least in the ballpark of the key support region I calculated of 1220. Of even greater significance is the geometric relationship between the 1229.75 top and the historical 05/02/11 top.

Accordingly, I have entered short positions in the September e-mini. In part since the next projected time target is 09/17/11, I expect a high velocity move to ensue. 1166 marks an initial level of lower support. Specific stratagies to exploit the move can be discussed by contacting me directly, or through PTA.

Wishing you Profitable Trading!