Best Financial Markets Analysis Article Forwarned is forearmed - The Stock Market is now further climbing up this fall of fear. The Stock Market is taking it’s time to complete a wave C of 4 of some degree we assume for now. In earlier posts we published a time target between mid and end of September 2009. We have reached the minimum target in price and time for some time, and the trend is still in tact.The market is overbought, so be prepared the market can turn at any point in time. A top could already have set in.

We are now closing in to the 50% price retracement level (S&P500:1122) of wave 1-3 (October 2007-March 2009) at a probable time target of September 29th 2009. This target is at the top of the channel, at the crest of a dominant cycle (see below chart) ,as well as 144 Fibonacci trading days since the bottom of March 6 2009. This target applies to many of the major indices like the Dow Jones Industrial Average,

FTSE100, German Dax, Nikkei225, the Dutch AEX etc. Some markets already reached at their preferred price targets!

Be aware. The Stock Market is likely to be drawn as a magnet to this energy point in time and price, mentioned in this article, although anomalies can happen. The party is likely over if we close below 1015 on the S&P500. Allow for some deviation at the probable top of +- 1 trading week. Take care!

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