I am currently thinking that we should find a low within the next few weeks and then head up to higher highs in August. There should be strong support at1593 SPX (previous resistance).
The Jupiter-Mars conjunction should be a major turn, one way or the other. Please see:
Hey Platy! Nice of you to stop by. Do post your blog link for others to visit if you don’t mind. And from what Ali pointed to about August 12th and others I’d say this August will be a very bearish period. Let’s hope we can all figure out the puzzle before hand so we can make good trades.
Hi Red Dragon Leo, this is Platy from Planet Forecaster. I see you guys are looking at my site. 🙂
I really like your work. It looks like we are interested in a lot of the same things. 🙂 Your post made me think about this stuff a little more. In my post I showed that one 2.15 year cycle is 7/2 an orbit of Venus, 8/7 an orbit of Mars, and 2/11 an orbit of Jupiter. Finding a common denominator then, if we multiply all of those by 154 years, we find a repeating cycle at 154 years.
You can see that the upcoming Jupiter-Mars conjunction on Aug 17, 2013 will occur close to the same location just inside Cancer that it did 154 years ago, on May 24, 1859. The difference between these dates is 56,333 days, or 154.23 years. Divide that by 13 twice and you get 333.33 days.
Then if you go the other way, 154.23 years 13 times is 2005, almost exactly.
Anyway, thanks a lot for your work, I’m going to start reading you regularly. 🙂
Ok… thanks. I kinda thought that’s what you were saying but I was just unclear on it. What’s interesting is that June 21st is Friday option expiration and that’s about when I think the wave 2 up will end. As I posted with a longer explanation comment above a bit I think we’re going to bottom tomorrow.
Then we should start an ABC rally up for the wave 2 into Friday the 21st… which will likely take out 1674 spx but stay under 1687, and then we should turn back down for the wave 3 somewhere around that time period. It should be the wave that goes to the 1536 prior low before bouncing again.
The first home run was at 2-5 (Padres with the lead) in the fifth inning. Puig’s 3 run shot made it 5-5 (5th inning or 5-5 5 off of #38). He drove in numbers 18 (9) and 47(11) or 911.
In the first video as he runs into the infield after his throw, I can see a quick 666 flash with fellow outfielder Ethier #16.(7)
In his two home runs, I notice the combo with Padres’ 3Bman #7.
Here’s the newest sporting sensation, Yusiel Puig at work:
http://www.youtube.com/watch?v=tfsZzJ4z98w
His game ending throw on Monday night in his first major league game. #88 of the Padres hits a flyball to Puig who throws out #13 at first base. (Teammate is #23 so Puig to #23 to get out #13)
http://www.youtube.com/watch?v=YmhxyL4wTkQ
Highlights of his 2 home run game in his 2nd major league game last night. A little amateurish of a video but I like how it shows the crowds reaction….shows how Puig walks up to the plate the first time and immediately hits the home run and right at the camera operator as if he knew it was coming his way.
Puig caused quite a sensation in spring training after the Dodgers signed him last summer to a 7 year contract last year as a Cuban defector but the Dodgers sent him to the minors to start the year but he was called up on Monday (a coincidence considering his number?) due to a convenient injury to one of the Dodgers overpaid outfielders.
I don’t think I have ever seen an athlete wear Puig’s number before so it has me very intrigued.
And to top it off Puig’s second homer occurred in the 6th inning last night. One could see it coming although developments did deviate from the expected outcome somewhat. With the score tied at 6-6 in the 6th inning….(The scoreboard on TV did read 6 6–1(out)6(inning), I expected the batters ahead of Puig to get on base for a possible grand salami (slang for slam)(with camera constantly showing Puig awaiting his turn on the on deck circle) but alas the 2nd batter ahead of him struck out to make it 2 outs and then the batter ahead of him #47 doubled to drive in a run to make it 7-6 Dodgers. Puig then came up and delivered the 2 run home run to make it 9-6.
I only briefly caught his first home run which was 3 run shot. But in both cases the broadcast showed him following #47 into homeplate and then the dugout which was such an eerie coincidence since I had just seen that a sidewalk and parking nearby would be closed tomorrow from 7-4pm. (due to construction work)
Well, today was a great day for the bears but I have a feeling the party will be over tomorrow (at least until the next party starts several weeks later). Thursday have a history of being down days a lot lately and since we are already very oversold on the short term charts I tend to think we’ll bottom in the first half of the day tomorrow and rally into Friday and next week.
I stated several times in past posts, video’s and/or comments that the average move down is 18-20 days (about 3 weeks) and 80-100 spx points… and so far that appears to be very accurate as we topped on May 22nd and are 80 points lower now in just about 3 weeks. The moves up and down daily have been much tougher to call correctly but hopefully many of you just played the larger move and did well with it.
At this point I’m going to stick to my original thoughts that we’ll fill that gap around 1597 spx and then rally for awhile to put in the wave 2 up (with the wave 1 down being the May 22nd high until tomorrow’s expected low). So anyone still short should think about taking profits tomorrow at some point.
The rally back up can last from 1-2 weeks and considering that next Thursday/Friday is the week before options expiration (where lows are commonly put in) I’d have to think that we’ll start the first wave up (wave A) inside this wave 2 this Friday, then peak on Monday/Tuesday of next week, followed by the wave B down into June13th/14th.
That leaves the week of option expiration for the wave C up to complete the entire wave 2 from tomorrow’s low. The week after June 21st Friday opx would then be the period I’d be looking to get short again for a move down to the next target of 1536 spx to retest that prior bottom.
From there we should expect a rally most all of July I’d think and then we’ll look toward late July and early August for the next really big move down that Ali says should be a panic crash.
S&P 500 Analysis after closing bell: http://niftychartsandpatterns.blogspot.in/2013/06/s-500-analysis-after-closing-bell_6.html
This is my blog: http://planetforecaster.blogspot.com/
I am currently thinking that we should find a low within the next few weeks and then head up to higher highs in August. There should be strong support at1593 SPX (previous resistance).
The Jupiter-Mars conjunction should be a major turn, one way or the other. Please see:
http://planetforecaster.blogspot.com/2011/08/jupiter-mars-affect-on-current-stock.html
http://planetforecaster.blogspot.com/2012/09/armstrongs-warning-about-august-2013.html
I agree – let’s combine resources and figure this thing out! 🙂
Hey Platy! Nice of you to stop by. Do post your blog link for others to visit if you don’t mind. And from what Ali pointed to about August 12th and others I’d say this August will be a very bearish period. Let’s hope we can all figure out the puzzle before hand so we can make good trades.
Hi Red Dragon Leo, this is Platy from Planet Forecaster. I see you guys are looking at my site. 🙂
I really like your work. It looks like we are interested in a lot of the same things. 🙂 Your post made me think about this stuff a little more. In my post I showed that one 2.15 year cycle is 7/2 an orbit of Venus, 8/7 an orbit of Mars, and 2/11 an orbit of Jupiter. Finding a common denominator then, if we multiply all of those by 154 years, we find a repeating cycle at 154 years.
You can see that the upcoming Jupiter-Mars conjunction on Aug 17, 2013 will occur close to the same location just inside Cancer that it did 154 years ago, on May 24, 1859. The difference between these dates is 56,333 days, or 154.23 years. Divide that by 13 twice and you get 333.33 days.
Then if you go the other way, 154.23 years 13 times is 2005, almost exactly.
Anyway, thanks a lot for your work, I’m going to start reading you regularly. 🙂
Ok… thanks. I kinda thought that’s what you were saying but I was just unclear on it. What’s interesting is that June 21st is Friday option expiration and that’s about when I think the wave 2 up will end. As I posted with a longer explanation comment above a bit I think we’re going to bottom tomorrow.
Then we should start an ABC rally up for the wave 2 into Friday the 21st… which will likely take out 1674 spx but stay under 1687, and then we should turn back down for the wave 3 somewhere around that time period. It should be the wave that goes to the 1536 prior low before bouncing again.
Not implying any direction or higher high – just a turning point is possible .
It looks like Fidel has been incubating him and prepping him for the grand ritual. (roiding and everything)
But he does have amazing bat speed and pop. (The ball just jumps off his bat)
The first home run was at 2-5 (Padres with the lead) in the fifth inning. Puig’s 3 run shot made it 5-5 (5th inning or 5-5 5 off of #38). He drove in numbers 18 (9) and 47(11) or 911.
In the first video as he runs into the infield after his throw, I can see a quick 666 flash with fellow outfielder Ethier #16.(7)
In his two home runs, I notice the combo with Padres’ 3Bman #7.
Here’s the newest sporting sensation, Yusiel Puig at work:
http://www.youtube.com/watch?v=tfsZzJ4z98w
His game ending throw on Monday night in his first major league game. #88 of the Padres hits a flyball to Puig who throws out #13 at first base. (Teammate is #23 so Puig to #23 to get out #13)
http://www.youtube.com/watch?v=YmhxyL4wTkQ
Highlights of his 2 home run game in his 2nd major league game last night. A little amateurish of a video but I like how it shows the crowds reaction….shows how Puig walks up to the plate the first time and immediately hits the home run and right at the camera operator as if he knew it was coming his way.
Puig caused quite a sensation in spring training after the Dodgers signed him last summer to a 7 year contract last year as a Cuban defector but the Dodgers sent him to the minors to start the year but he was called up on Monday (a coincidence considering his number?) due to a convenient injury to one of the Dodgers overpaid outfielders.
I don’t think I have ever seen an athlete wear Puig’s number before so it has me very intrigued.
And to top it off Puig’s second homer occurred in the 6th inning last night. One could see it coming although developments did deviate from the expected outcome somewhat. With the score tied at 6-6 in the 6th inning….(The scoreboard on TV did read 6 6–1(out)6(inning), I expected the batters ahead of Puig to get on base for a possible grand salami (slang for slam)(with camera constantly showing Puig awaiting his turn on the on deck circle) but alas the 2nd batter ahead of him struck out to make it 2 outs and then the batter ahead of him #47 doubled to drive in a run to make it 7-6 Dodgers. Puig then came up and delivered the 2 run home run to make it 9-6.
I only briefly caught his first home run which was 3 run shot. But in both cases the broadcast showed him following #47 into homeplate and then the dugout which was such an eerie coincidence since I had just seen that a sidewalk and parking nearby would be closed tomorrow from 7-4pm. (due to construction work)
Well, today was a great day for the bears but I have a feeling the party will be over tomorrow (at least until the next party starts several weeks later). Thursday have a history of being down days a lot lately and since we are already very oversold on the short term charts I tend to think we’ll bottom in the first half of the day tomorrow and rally into Friday and next week.
I stated several times in past posts, video’s and/or comments that the average move down is 18-20 days (about 3 weeks) and 80-100 spx points… and so far that appears to be very accurate as we topped on May 22nd and are 80 points lower now in just about 3 weeks. The moves up and down daily have been much tougher to call correctly but hopefully many of you just played the larger move and did well with it.
At this point I’m going to stick to my original thoughts that we’ll fill that gap around 1597 spx and then rally for awhile to put in the wave 2 up (with the wave 1 down being the May 22nd high until tomorrow’s expected low). So anyone still short should think about taking profits tomorrow at some point.
The rally back up can last from 1-2 weeks and considering that next Thursday/Friday is the week before options expiration (where lows are commonly put in) I’d have to think that we’ll start the first wave up (wave A) inside this wave 2 this Friday, then peak on Monday/Tuesday of next week, followed by the wave B down into June13th/14th.
That leaves the week of option expiration for the wave C up to complete the entire wave 2 from tomorrow’s low. The week after June 21st Friday opx would then be the period I’d be looking to get short again for a move down to the next target of 1536 spx to retest that prior bottom.
From there we should expect a rally most all of July I’d think and then we’ll look toward late July and early August for the next really big move down that Ali says should be a panic crash.