David Banister- www.MarketTrendForecast.com The SP 500 has been on a tear as we all know especially since the SP 500 bottomed at 1343 several months ago. My work centers around forecasting using Elliott Wave Theory along with other technical indicators. This helps with projecting the short, intermediate, and longer term paths in the stock market [...]
The Long and Winding Gold- (Bull Cycle about to Begin)
April 5, 2013 by
David Banister – www.TheMarketTrendForecast.com The dramatic 2-3 day take down in Gold Spot pricing action smells and looks like capitulation to us at The Market Trend Forecast. We have been calling this entire 19-20 month consolidation period as a Primary wave 4 correction pattern, though complicated for sure. It has had multiple false rallies and [...]
The Market Forecast – SPX & Gold
March 18, 2013 by
I was just interviewed by Mike Swanson of www.wallstreetwindow.com in which we discussed our outlook for the stock market and gold. You can get on Mike’s free list and see a little bit of what he offers by going here. You can also download the mp3 audio file for this interview on your computer by [...]
Gold, Copper, and Oil Forecasted the Recent Selloff in the S&P 500
February 26, 2013 by
For the past several weeks, everywhere I looked all I could find was bullish articles. After the fiscal cliff was patched at the last second, prices surged into the 2013 and have since climbed higher all the way into late February. I warned members of my service that this runaway move to the upside which [...]
GOLD should be completing a cyclical low in February
February 22, 2013 by
David A. Banister www.markettrendforecast.com Over the past 5 calendar years we have seen GOLD either complete an intermediate cyclical top or bottom in each February. My forecast was for February of 2013 to be no different and for Gold and Silver to make trough lows this month. With that said, I did not expect the [...]
Precious Metals and Stocks poised to ramp higher in 2013
January 22, 2013 by
David Banister- www.MarketTrendForecast.com Jan 22 2013 It’s been a long drawn out corrective affair with the precious metals since the August-September 2011 top that seems so long ago right now. During that last spike period where Gold rallied to just over $1900 per ounce, we had mentioned many times in articles and to our subscribers [...]
Signs that a Correction Maybe Near in the SPX, RUT & DJIA
January 22, 2013 by
The great market prognosticators have by now came out with their 2013 predictions about financial markets. It seems to me to be a fool’s game to try to predict what financial markets are going to do in the future. I want to be clear in stating that I do not know what is going to [...]
A Technical Update on the Mini-Crash in GOLD
January 4, 2013 by
David Banister- www.MarketTrendForecast.com Let’s make one thing clear; nobody I know including myself predicted that Gold would drop from 1690 to 1625 inside of 48 hours this week. That was not in the charts and so I won’t even pretend I was going to see that train coming through the tunnel. With that said, let’s [...]
What the VIX Term Structure is Saying About the Fiscal Cliff
December 7, 2012 by
The past few weeks have been full of a constant barrage of press conferences and public statements from the charlatans in Washington D.C. Politicians cannot pass up a chance to get in front of the cameras and the media has used the “fiscal cliff” as a mechanism to scare average Americans further about their future. [...]
Gold Should Be Nearing A Major Bottom
December 5, 2012 by
David A Banister- www.MarketTrendForecast.com The recent rally in Gold took the metal from the 1620’s to roughly 1800 per ounce before the ensuing corrective action began. Back around October 20th we warned our readers about a likely “ wave 2” correction in Gold and we had several reasons for that warnings. One of the biggest [...]
