Doctrader Harmonic Stock Clock Two Week Market Forecast

Doctrader Harmonic Stock Clock Two Week Market Forecast

These last two weeks have been trying times for long term investors. Meanwhile, short term traders have been very profitable by using the Harmonic Stock Clock signal lines for quick gains. The total number of shares trading above their 200 day moving average has held steady around 65% of the stocks which are trading on the New York Stock Exchange. The lows of this key (t2107 in telechart2000) indicator reached 40% in October of last year. Programmed trading caused by foreign investors buying U.S. equities cause the majority of these indices to move higher. The computerized programmed trading is designed to keep the well publicized indexes higher while taking profits on stocks within the index. The Russell 2000 Index is composed of 2000 smaller capitalized companies. There are 500 stocks within the Russell 2000 Index which have 80% of their shares owned by institutions. The top 1200 stocks of the Russell 2000 Index have over 50% of their shares owned by institutions. The derivatives markets are controlling the futures market and commodity prices with short term computerized programmed trading, limiting individual investors’ profits. These derivative markets keep a tight reign on the trading range of prices during the day. Despite theses restrictions and the large volumes of computerized programmed trading, the Harmonic Stock Clock has allowed users to profit with these short term moves.

Harmonic Stock Market Forecast

If price targets are reached within the next two weeks, a new target prices will be posted for these important indices. All price ranges are based upon the Harmonic Stock Clock Signal Lines, using a combination of technical analysis and my proprietary signal, Harmonic Heartbeat” for short term and long term price targets. The Harmonic Stock Clock Signal lines can be applied to stocks, futures, commodities, and currencies markets. You can see the support and resistance of my harmonic stock clock signal lines on these indices as a proxy to your trading vehicles. If you would like to know more about the Harmonic Stock Clock trading and investing, you can visit my website at: http://www.doctrader.comand www. harmonicstockclock.com.

Previous post:

Dow plus or minus 400 target points,
Start range of the Dow Jones Index: 10862, lows 10737, high 11131, total actual points 394 points.

New Dow Jones Index Forecast: target points 474 High range 11173, low range 10702

NASDAQ plus or minus 150 points, start range of the NASDAQ: 2311, .lows range 2232

High range 2294. Actual range 79 points
New NASDAQ Forecast: High range 2308, low range 2227 total points 81

Commodity CRB Index plus or minus 32 points, start high range 350, lows 319, actual total 31 points

New CRB Index Forecast High range 346.88 low range 315.67 total points 31


Sp500 plus or minus 55 points, start 1280, high range 1289 lows range 1253 total points actual 36 points.


New S&P 500 Forecast: High range 1289, low range 1253 total points 36 points


U.S. Dollar plus or minus 3 points, start 88.91, high range 91.01 total points 2.1

New U. S. Dollar Forecast: High range 91.72, low range 88.53 total points 3.19


Russ2k plus or minus 72 points, starting range 733, high trading range 735, low trading range 708, actual 25 points.

New Russell 2000 Index Forecast: High range 737, low range704, total points 33.


Gold Index plus or minus 104 points, start range 571, High range 575 lows 534, actual 41 points.

New Gold Index Forecast: High range 570, low range 530 total points 40.

Oil Service Index plus or minus 55 points, start 221, and High range 223, Low range
188 actual total points 35

New Oil Service Index Forecast: High range 219.41 low range 183.09 total point range 36



God Bless

Doc


Doc's Harmonic stock Clock is intended for stocks, options, futures, commodities, and currencies trading.
This site should be used for Educational purposes only.
No advice is given. No recommendations given.
You are considered to be over 18 years old.
Doctraders Harmonic Stock Clock is based on technical market indicators which may predict short term and long term market trend reversals. Doctrader is not an investment adviser but has been involved in the markets since 1985. No system of trading or investing can prevent losses, you should do your own "due diligence" when determining the suitability of the information contained within this or other websites mentioned in this blog.

Use all Information on this site at your own risk.

God Bless

Doctrader