See attached.
Monday did start with a gap lower but it wasn’t much of a decline and thus points to cycles starting to go sideways. Smartp Neural adjusts PRICE as TIME elapses on Cycles.
We are at the cusp of a major HSI rally targeting 23831 in September 2013.
While we may see 1 solid dip on Tue or Wed of this week, take it as an opportunity to go long on HSI with the aforesaid targets. Downside for this week is limited to 22114 and may further erode if Tuesday can move sideways to up as well.
Good luck!
Got this on local forum. Good to see some interest. i will point him to your forum and blog.
may i talk about gold, Euro and SP500 here?
I know your prediction on Euro and HSI, very good.
How about SP500 and Gold from your system?
My view is sp500 is doin consoldation but can reach down to 1600~1620 but very good to loading up long for higher target
thanks Philip, that is my question. and HSI from here, will there be a lower target from now on?
Hey – thanks for your kind compliments.
GOLD should bottom around 1355-1360 this week and head higher to 1405+ late this week or early next week.
Unfortunately, I reserve S&P analysis for my subs, but I am in general agreement with you that we are in the BUYing zone with a little bit risk over Tue/Wed for downside (primarily Tuesday)
I’m so glad to have your kind reply. i hope that HSI is bottom out tomorrow
We are in an INTERMEDIATE degree wave down draft, so pay attention to the bottoming range specified earlier. This morning’s target of 22114 already printed. Let us see if the original NEURAL targets come into light as well. But in essence it is about position building from here.
Pre-market target of 22114 prints. Risk remains into tomorrow and the floor per last week’s post is 21656. Therefore, 21656-22114 is accumulate zone for Hang Seng for those who are long term minded. For day trader’s, better to await exhaustion of TIME cycles into tomorrow CLOSE or (if gapping lower tomorrow – then at OPEN – that would be inversion).
Mei:
No – not post Tue/Wed LOWS
Seems bottom 216XX is very closed…. still long around this target, right?
Yes per earlier posts..
Good morning. how do you think to call from here or wait until closing to call?
See this from earlier
http://smartpblog.wordpress.com/2013/08/16/%E6%81%92%E7%94%9F%E6%8C%87%E6%95%B8%E3%80%9C8%E6%9C%8819%E6%97%A5/comment-page-1/#comment-186