New moon on the 6th. Venus Sun conjunction on the 5thish. Also the first four trading months of the new month. Low or high?
There is the Fed meeting the next week. Drop first then rally up into the meeting?
Friday would have been the day for the market to make a high with my sells on and reverse ala November 22, 2022 but we already reversed the week before. Now we’re at a key resistance level for a key indicator so we could reverse back down once again. And this key indicator is in a downtrend and most likely is going to take awhile to reverse.
The 13 day simple moving average might be providing key resistance again like a little over a month ago.
I got sell signals on Monday and more have followed. We bounced off the 30 day average today. We probably have a few more days to a week of bouncing around.
The 30 day probably needs to catch up to a key shorter term moving average before we accelerate down.
Election years can be bad for the stock market when the presidential incumbent loses the election or can’t run for reelection and in 1974 when the incumbent is removed from office. It’s interesting that Trump’s sentencing will occur in July at a key astro time.
We’ve got a 12 year anniversary of the Fahrenheit 451 Venus eclipse of the sun next week. It was June 5/6 in 2012. Also the French Open will be taking place, a key setting for the LeCarre novel Our Kind of Traitor.
The market topped out around May 21st 2015 and then broke down hard on the Tuesday after Memorial Day, the 26th. Today would be a good break down though.
Well that looks like the reversal. We got the RSI and MACD histogram divergence at the high today for the SP 500.
Today was the Flower Moon and I did mention that it was Killers of the Flower Moon day on Monday and for the week in the post that wouldn’t go through last week..Tomorrow is the another Killers of the Flower Moon day. The 24th of the month has been a key cycle date going back to 2015. It even worked twice in 2020, accelerating down on Feb 24, and bottoming March 2024.
It is 222 weeks from the Feb 19,2020 high and 8 weeks from the late March high.
I don’t have sell signals yet. It will take a few days for one so there could be another sharp bounceback in the next few days. The 2015 market is another one that I’m following and it peaked around this time of May. (Probably ahead of Memorial Day as well)
Also another thing that I mentioned (that wouldn’t go through)was that it had been a full Venus cycle since the October 13, 2022 bottom. Then it was 581 days. Today it is 588 days, a nice special number in the year of the 8.
I got a topping signal from my exhaustion indicator today for the SP 500.
One of it’s components is extended on a derivative index and will soon catch up to the index soon unless it falls to it first. When they cross ,that should be good sell signal with this double top formation so far above the 200 day average for the SP.
The weekly SP 500 candlestick chart looks like the Nasdaq 100 daily chart in late March 2000. I want to see a monster spinning top candle for this week’s bar. I guess it’s already a spinning top but it’s a fat one.
We’ve got a top like the 1987 top. Whether it’s the first one or the secondary one, I’m not too sure but we’ve got some astro igniters coming up one of which was seen just after the Covid crash high in 2020 and we’re in that cycle right now. It might be part of a 222 week cycle (1/3 of ###). I need to research that. I’ve known it as a monthly cycle. It’s a little off right now unless it’s going to be a high.
It’s also like the March 2000 top and the Feb 2020 high but the latter had poor breadth going into it. I’ll have more later if I stick around.
Now it appears more evident why they put the CPI release after the PPI. It would take a few days for me to get a sell signal so I think they’re will be bounces after a decline. These sells worked in late April and in 2011. It looks like any decline would stretch into June now.
Transports were down today and JNK has made a lower high from last week.
I’m changing up my forecast a little. I don’t think this will be the major decline. $nysi is too high and there isn’t enough time for it to unravel extensively. We should still get a decline down to the 200 day average and the weekly lower Bollinger Band. It might start off a little slow-mo but pick up into the second week. The first down day could be a big one though.
I revised things based on past historical epochs in this time period. It is 666 weeks from the 2011 mini meltdown which was a mid year affair. I also discovered that my birthday had a 666 connection to another historical event and we’re at 2x later as of late April. Which makes…..? Something that I have long considered an ideal date for….
Maybe this decline extends into early June when the Venus Sun inferior conjunction occurs. It is the same location of the great Venus eclipse of the sun 12 years earlier. The Fahrenheit 451 eclipse but the monthly cycle due soon says the bottom should be in earlier. The 41 week cycle (this week) is tied in to the Venus Sun conjunction cycle.
The 20 day ema is approaching the 50 sma day and other inicators are getting into the exhaustive territory that I was looking for.
New moon on the 6th. Venus Sun conjunction on the 5thish. Also the first four trading months of the new month. Low or high?
There is the Fed meeting the next week. Drop first then rally up into the meeting?
Friday would have been the day for the market to make a high with my sells on and reverse ala November 22, 2022 but we already reversed the week before. Now we’re at a key resistance level for a key indicator so we could reverse back down once again. And this key indicator is in a downtrend and most likely is going to take awhile to reverse.
The 13 day simple moving average might be providing key resistance again like a little over a month ago.
I got sell signals on Monday and more have followed. We bounced off the 30 day average today. We probably have a few more days to a week of bouncing around.
The 30 day probably needs to catch up to a key shorter term moving average before we accelerate down.
Election years can be bad for the stock market when the presidential incumbent loses the election or can’t run for reelection and in 1974 when the incumbent is removed from office. It’s interesting that Trump’s sentencing will occur in July at a key astro time.
We’ve got a 12 year anniversary of the Fahrenheit 451 Venus eclipse of the sun next week. It was June 5/6 in 2012. Also the French Open will be taking place, a key setting for the LeCarre novel Our Kind of Traitor.
The market topped out around May 21st 2015 and then broke down hard on the Tuesday after Memorial Day, the 26th. Today would be a good break down though.
Well that looks like the reversal. We got the RSI and MACD histogram divergence at the high today for the SP 500.
Today was the Flower Moon and I did mention that it was Killers of the Flower Moon day on Monday and for the week in the post that wouldn’t go through last week..Tomorrow is the another Killers of the Flower Moon day. The 24th of the month has been a key cycle date going back to 2015. It even worked twice in 2020, accelerating down on Feb 24, and bottoming March 2024.
It is 222 weeks from the Feb 19,2020 high and 8 weeks from the late March high.
I don’t have sell signals yet. It will take a few days for one so there could be another sharp bounceback in the next few days. The 2015 market is another one that I’m following and it peaked around this time of May. (Probably ahead of Memorial Day as well)
Also another thing that I mentioned (that wouldn’t go through)was that it had been a full Venus cycle since the October 13, 2022 bottom. Then it was 581 days. Today it is 588 days, a nice special number in the year of the 8.
This went through fine.
I couldn’t post my elaborate message. I’ll have to text it.(or parts of it) Something must be going down ala XXXX
I got a topping signal from my exhaustion indicator today for the SP 500.
One of it’s components is extended on a derivative index and will soon catch up to the index soon unless it falls to it first. When they cross ,that should be good sell signal with this double top formation so far above the 200 day average for the SP.
The weekly SP 500 candlestick chart looks like the Nasdaq 100 daily chart in late March 2000. I want to see a monster spinning top candle for this week’s bar. I guess it’s already a spinning top but it’s a fat one.
We’ve got a top like the 1987 top. Whether it’s the first one or the secondary one, I’m not too sure but we’ve got some astro igniters coming up one of which was seen just after the Covid crash high in 2020 and we’re in that cycle right now. It might be part of a 222 week cycle (1/3 of ###). I need to research that. I’ve known it as a monthly cycle. It’s a little off right now unless it’s going to be a high.
It’s also like the March 2000 top and the Feb 2020 high but the latter had poor breadth going into it. I’ll have more later if I stick around.
Now it appears more evident why they put the CPI release after the PPI. It would take a few days for me to get a sell signal so I think they’re will be bounces after a decline. These sells worked in late April and in 2011. It looks like any decline would stretch into June now.
Transports were down today and JNK has made a lower high from last week.
I’m changing up my forecast a little. I don’t think this will be the major decline. $nysi is too high and there isn’t enough time for it to unravel extensively. We should still get a decline down to the 200 day average and the weekly lower Bollinger Band. It might start off a little slow-mo but pick up into the second week. The first down day could be a big one though.
I revised things based on past historical epochs in this time period. It is 666 weeks from the 2011 mini meltdown which was a mid year affair. I also discovered that my birthday had a 666 connection to another historical event and we’re at 2x later as of late April. Which makes…..? Something that I have long considered an ideal date for….
Maybe this decline extends into early June when the Venus Sun inferior conjunction occurs. It is the same location of the great Venus eclipse of the sun 12 years earlier. The Fahrenheit 451 eclipse but the monthly cycle due soon says the bottom should be in earlier. The 41 week cycle (this week) is tied in to the Venus Sun conjunction cycle.
The 20 day ema is approaching the 50 sma day and other inicators are getting into the exhaustive territory that I was looking for.