Chop, Chop until we Drop! That's the mood the market seems to be in right now. It's frustrating both bulls and bears equally I think, but a move is coming and it should be to the downside. I don't think this market is ready yet for the last squeeze up to 6100+ until after the election, and if it gets delayed for weeks as the demoncrats try to fake enough votes then we might not get any real winners until late November.
I see it in the charts that the high should happen into Thanksgiving, which is at the end of next month. Between now and then I think we will see some wild swings but not really go anywhere. I don't see much lower the "maybe" 5700 and I don't see much high then "maybe" 6000, and I still think we see the downside target this month. I posted yesterday on Twitter a chart that I do think is possible. Here's that chart...
As you can see it suggests a move down early today and back up late today, and then a breakdown tomorrow after the Jobs Numbers. Maybe it plays out like that or drags out a little longer but technicals still suggest we will have a pullback before a strong rally to the upside target of 6100+. Nothing more to add.
Have a blessed day.
I watched that video that you linked. I’m not that advanced in astro but I went back checked out the astrology for Pearl Harbor. I didn’t realize that Jupiter was in the same position then as in October 1929 (and nowish). Some astro conditions are also repeating around 12-7. Venus will be entering Aquarius just as it did on 12-7-1941 and the Sun will basically be opposed to Jupiter around then.
Someone responded to one of my comments in another forum yesterday and wrote that I Pet Goat 2 is predicting that the wipeout is soon. A certain holiday is depicted in the short film as the apocalyptic events unfold. Mars is approaching a square to Pluto soon. The one key planet has already reached its Pearl Harbor position. I had confused Neptune’s current position with the other entity. So some other factor will trigger an “outbreak.”
That Jupiter position in 1929 and 1941 is a Pentagram point which might be why it can be so explosive.
I like how the chick analyst basically said the first time Jupiter hit that position we got the mini meltdown on August 5th…. a possible preview.