Thursday, November 20, 2008
Stock Market Bottom November 20, 2008: Tomorrow Price Prediction Today
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Stock Market Bottom November 20, 2008: Tomorrow Price Prediction Today
As explained in the last two posts of today during the trading session of November 20, 2008, our analysis lead to trading signal of a stock market bottom.
The areas of the bottom are then as follows: SPX (SPY index) is 750, DJX (DOW Index) 7500, NDX (Nasdaq 100 index) 1050.
We are writing this note in the night of November 20 to November 21. A major rally tomorrow November 21 is therefore a likely possibility.
XLF (the financial index) may lead to gains higher than 10%. We are not ruling this possibly.
The market should state the tone at open or during early minutes of trading. They may also gap up the market at open.
As explained in the last two posts of today during the trading session of November 20, 2008, our analysis lead to trading signal of a stock market bottom.
The areas of the bottom are then as follows: SPX (SPY index) is 750, DJX (DOW Index) 7500, NDX (Nasdaq 100 index) 1050.
We are writing this note in the night of November 20 to November 21. A major rally tomorrow November 21 is therefore a likely possibility.
XLF (the financial index) may lead to gains higher than 10%. We are not ruling this possibly.
The market should state the tone at open or during early minutes of trading. They may also gap up the market at open.
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