Forecast of The U.S. Dollar Index. May 05 2013

During July 2001 the U.S Dollar Index was trading at $121.02, since then it has dropped quite a bit. In March 2008 it hit rock bottom $70.70. Right now it is trading at $82.20. It is at a very important location geometrically and time/price wise. Based on the out look of the entire financial markets I am expecting the U.S. Dollar Index to rise to $88.

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A Million Dollar Question

MILLION DOLLAR GOAL ACHIEVED! May/1/2013

On March 1st I had decided to create an investment project for my CAOT32 class . The conditions were to start an account from $100,000.00 and take it to $1 Million until the end of the College semester. Exactly in 2 months the goal is achieved. Even though 3 weeks still remain to the set dead line.

The purpose behind this project was to shed some light to my class mates about the power of the Stock Market and the possibility of accumulating wealth through investing in the right stocks at the right time; Plus injecting the idea of “becoming a millionaire is easy”, into their subconscious mind. All you need to do is want it bad enough…

Please take a look at the pictures, they contain more details.

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GOLD & SILVER RESULTS

After dropping almost 6% in a single day Gold has reached my 3rd target, $1430. It’s still working its way towards my 4th and final target which is at $1310: The low of the day was $1,349. Only $29 shy from the final target, where Gold will find a support.

 

 

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On Apr 13th I forecasted That silver is going to drop. It has gone down more than 12%. It is an astonishing astronomical number for a single day drop.

 

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Forecast of Silver. APR/13/2013

Silver always follows the footsteps of its role model (GOLD). Both of them has been having trouble since the high of Apr 2011 and Sep of 2011. Silver is been even weaker, because its demise started 5 months before gold’s demise. Silver and Gold are taking a little break before they start going a lot higher in the future.

Area $26.15 was a humongous suport for silver because since Apr of 2011 it has been tested it 5 times, now that level is been compromised therefore Silver will drop… Target #1 is $23 and target #2 is $19.50.

Also an important up trend line is been broken along with certain Fibonacci levels turning to resistance points…

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Gold Update, Apr 12 2013

A quick follow up about the movement of Gold. Since the forecast of March 07 Gold has gone down exactly $100 from $1577 to $1477, surpassing two target areas of $1541 & $1524. I had also mentioned once Gold goes under $1524 it would go down like a waterfall, that is exactly what happened today. Gold dropped whooping 5% in a single day… We shall witness to see Gold hit $1430 and perhaps $1310 over the next few days.

 

Bellow is the chart of the last 3 days.

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BBRY forecast per request of Mr, Raul Antonio Juarez

Greeting,

I have prepared a chart about Research In Motion Limited (Blackberry). It is an unusual stock been up and down many times since its IPO in 1998. I have not completely lost faith in it but it is hanging very close around its grave yard.

Right now it is trading at $14.70 which is an extremely important area. It must stay above $14.20 to keep up with the up trend line, however it is near a gigantic resistance area which is at $18.30. For BBRY to have any hope it must go above that resistance area so that it becomes a support level. Once the price goes above $18.30 then it shall go to test $29.29, in other words a nightmare for BBRY because it is the worst resistance level of all time. 

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On the other hand BBRY has always surprised people with its price percentage spikes in the past, Although the last 4 times are less impressive than the first 4 times as shown in the picture… That is another signal indicating that investors don’t have as much confidence as they had previously.

 

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Take the Poll

GOLD forecast.Thursday Mar 07/2013

Gold is in a shaky boat. The Geometric indicators are pointing towards a huge correction. I see Gold slip towards $1430 pretty soon. Right now it is trading at $1577. It will go to $1541 then to $1524, once $1524 is broken then there will be a waterfall like drop in Gold price, rushing to reach $1430 even perhaps $1310.

 

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Facebook Forecast Mar 07 2013

Greetings,

Facebook Stock is been having quite a bit of challenge since it’s IPO. The stock was offered at $38 in the first day (May 18/2012) and it went up to $45 that day, however that was the peak of the price, then FB dropped down to $17.55 in less than 4 months; since then it’s been trading in the range of mid  $20s. 

Investors have gained some confidence in the stock therefore the price $28 has become a strong support level. Besides the pattern that is being created looks like a head and shoulders pattern which indicates towards the $33 range. Once $33 area is achieved then it will go for $38 area.Image