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Tuesday, February 10, 2009

Short term revision of forecast for stockmarkets

The Dow weekly chart has build a short term bottom around 8000 and will likely test the 9000 again rather than testing the lows within the next 2-3 weeks. My assumption that we would make the top late last week respectively yesterday will not work out. The price action as well as an upcoming very positive 2-3 weeks astrological constellation which rather will support rising markets. That is mostly starting around Thursday with its effect and can even carry up to 6th of March as Venus will go retrogade. So the slight set back we might see first half this week will likely be reversed up again in DOW terms a test oıf 9000 is very likely before we turn down and test the lows once again.

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