My intention with this Forecast Bulletin is to provide an ongoing Service throughout the year, updating subscribers with my Key Price Levels, in order to create something that is really useful for making money. To be able to make use of the PFS Model most accurately, we also need to speak about the Key Price Levels, which are taught in in my first course, The Law of Cause & Effect, the only place this critical technique is fully elaborated, because they can help us to understand what the main trend is that we want to follow. The proof of this sentence is perfectly represented in the price indication that I gave for 2012, when I said:
Let’s turn to the prices: according to my studies, S&P500 is working in a price range between area 1290-1296 (-30 margin points) and 1473-1500 points. Indeed at the moment my principal target on the S&P500 is the area 1473-1500. If this price is reached, the S&P500 could begin to go down, but everything depends on WHEN this price will be reached. Moreover, if the S&P500 should retrace to the area of 1260-1295 without having first reached the target of 1473-1500, then this could be a very good BUY point, but as I said before, everything depends on WHEN. It is important to understand that a High at 1475 in August could be a good opportunity to SELL and in the same way a Low around 1280 points in October could be a great opportunity to BUY.
And now we can see what happened in 2012 (as of time of writing, September 29, 2012), on the following S&P500 chart:
It is evident that market moved perfectly between the main prices that I forecasted. This is a kind of information that I can call “tradable information”. When the market went to 1267 points in June, following the indications, we could buy for a target of 1473 points. And what is the actual High on the S&P500? 1474.51 points!!! This Forecast is documented on my Online Blog, and is an example of the ongoing updates that subscribers will receive throughout the year. As the market moves to different prices levels, I will update readers with the new Key Price Levels, to integrate with the PFS Forecast.