Recent content by Insightm

A close below 1429-1433 today 16/1/07 will only attract sellers, and the surge up for the past few days will only have been fake out.

Sideline observation required for the Dax as it surged up on thursday / friday. its intention should be clearer at end of play on tuesday 16/1/07.

Point of no return, however the harmonic target for tomorrow is the 6570 area so a pull back to this area is likely before the final move to the 6499 on friday and beyond

The floor on the S&P 500 to give way soon as harmonic targets for the next few days are pointing down.

The FTSE started on a steep decline after posting new highs on the 3/1/07 which leads me to think that the reason for the sharp move up to that day could be it’s 23 anniversary as the first trade for the FTSE 100 started with a base price of 1000 on the 3/1/1984. For today 9/1/07, Resistance...

The Dax closed yesterday at 6608, almost close to the harmonic target for today 9/1/07 which stands at 6613, and it is best to wait for it to move away from that area and focus on the next few day’s harmonic target which stands at on the 10/1/07 at 6645, on the 11/1/07 at 6570 and 12/1/07 at...

Dax hesitating at first resistance 6627-30 for some time now, possibly awaiting US market pull back.

The DAX for this week 8/1/07 to 12/1/07 has very strong resistance at the 6672-5 and further up 6704-5 and its harmonic target for the week is the 6499 -89 area. And a support area for the week is 6499-89 and further down is the 6458 area. For tomorrow 8/1/07, the index may try to return to the...

S&P 500 might return to1330-2 by 3-8/03/2007 as it is failing to post new highs since December and if it is unable to take out the 1431 by end of play today 5/1/2007, it will seek the alternative route as it did in the beginning of 1977, 30 years ago and probably panic people hence the sudden drop.

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Dax decision time for a corrective move down.

The Dow climbed above the strongest resistance (12560-2) Yesterday 3/1/2007 just as the FTSE did yesterday; and could mean more upside to come, and the move down seems like a pull back for new highs towards range of 12620- 45 by Friday 5/1/2007. However if unable to return back to the high...

There is a possibility of a heavy move down on the Dax as its harmonic target for tomorrow 5/1/2007 is in the area of 6522 – 6540.

For the FTSE to break the 6271 area will suggest more upside to come or could be just a marginal new high. which is why i said additional confirmation is required. However the Dow and S&P 500 seems to be in the same position and if the DOW can take out the 12572 area, then it might continue also...