Market Update: So As One Week Finishes Another One Starts!
It never gets any different for us at Trading Market Signals. Yes the names of financial instruments may change, prices may change, volatility may change but the unbiased technical analysis we identify will not change at all.
It is clear that unbiased technical analysis will always yield gains from any type of price action the markets choose to deliver.
Dow Jones so far:
In January 2010 we gathered that 10700 prices would be difficult to overcome and stated 10,000 would occur before any 11,000 mark was met even though we were less than 300 points at the time.
So in February 2010 we breached 10000 and no, it wasn't time to crash in fact TMS stated that 11,000 would be met. Once again we were closer to 10,000. Then we started to move to 10500 and we felt 11250 would be the mark to hit whilst everyone would be anticipating a hit on 11,000 or not?
In March 2010 the market powered ahead, with no retracements and low volatility. This all tied in well as on April 26th we stated that the high of 11250 was hit and a top for now was extremely likely in which a decline would commence.
This brings us to May 2010 and for the 6th May before markets had even started a decline we said that a 'scared low' would need to be bought. Once again we reiterated on Friday 7th that Buy was the real signal from a contrarian perspective and so price shot up to 10900 last week.
We knew we'd get close and we knew 11,000 would not need to be hit. So we told all members that the market will head south as it will immediately digest how close it is to 11,000 and the mark would not need to be hit for the decline to begin.
We now sit at 10600;
So the question is where now?
You can bank on it that'll we have the next move anticipated before it occurs with stats, probabilities, volatility, TMS systems and pure unbiased Technical analysis all merged together to give you insight like no other! Learn from our unbiased work, follow our interpretations and move on the next TMS signal in which you'll find out 'where next?'
| The Price now 10600 | Do we move 600 points up to hit the highs of 2010. |
| OR | |
| Do we move 600 points down to hit the lows of 2010. |
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Follow the next signals for the Dow Jones, Crude Oil, GBP.USD, EUR.USD & FTSE100. In 2009 our TMS system gained 15377 points. Learn, Follow and Make your next move with Trading Market Signals and remember:
Unbiased Technical Analysis Works!
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