The market is going to have to survive the first 2 days of the next week. The full moon is going to be opposed to all those entities conjoined in Aries as well as the Sun squared to Pluto in Aquarius.
I did a check of the Tulip Bubble astro in Feb 1637 and the Sun was square Pluto in the same signs but the Sun and Pluto were reversed.
I’m extending the low to the end of the month now. Maybe the SP500 bounces off the 100 day average back to the 50 day average. The Nasdaq is already below its 100 day average.
The 13 day simple average had been providing resistance so that should cap any rally for now. The 20 day ema would be the next layer of resistance. The market is stretched from both now.
Monday has the worst astrology seen in a while with the Sun squaring Pluto along with all the other stuff.
It was a strange day with breadth so strong and markets down. We never got a bounce back to the 50 day average and now the indices are getting oversold.
The Dow and $nya led the way down and have been consolidating the last few days. My expectation was for the market to bottom on Friday next week. Since the SP500 hasn’t hit the 100 day average yet (Dow has), I’ll stick with that.
Maybe we get a stong bounce to the 50 day and a final washout drop into Friday. I still haven’t seen any moving average crossovers of certain indicators that wpuld indicate an imminent bottom.
I have sell signals galore now. The strongest one (and confirming) occurred on Friday with a certain indicator breaking to new lows. The question now is, will the 100 day average stop the decline or the 200 day average?
I got a preliminary sell signal today with the market being up. Another will trigger tomorrow unless the market is up big. They were on the brink of triggering a couple of weeks ago but the market did a fakeout and went higher. I don’t think it will be following that outcome again. They last triggered in early January.
The market could still go higher but it means that the trend should soon be down. But the individual indicator will still be in decline. There will be stronger sell signals with a continued decline.
The market finally made a closing high on a final day of the week and the window is closing for the same cycle last seen during the Covid crash of 2020. I was looking for something similar to what the Nikkei experienced a couple of weeks ago if we didn’t make a new high. We still might get it. The market topped on December 28th, 3 months ago.
We gapped up big on the first of the month last month. Is that going to happen again to start April? 1929 saw the market make a high on the 1st day of the month (September) but it shouldn’t do that for some flower moon denouement. Still we’re a few days away from generating strong sell signals. And the market tends to hold up until the sell signals get generated.
We also have an easy monthly reversal set up.
The Dax has an extreme RSI so it should get a Nikkei like move from a few weeks ago. The SP 500 weekly RSI is at levels seen by the Nasdaq on March 13, 2000. TheNasdaq is lagging the SP. It didn’t make a new high with the SP yesterday.
The market is going to have to survive the first 2 days of the next week. The full moon is going to be opposed to all those entities conjoined in Aries as well as the Sun squared to Pluto in Aquarius.
I did a check of the Tulip Bubble astro in Feb 1637 and the Sun was square Pluto in the same signs but the Sun and Pluto were reversed.
I’m extending the low to the end of the month now. Maybe the SP500 bounces off the 100 day average back to the 50 day average. The Nasdaq is already below its 100 day average.
The 13 day simple average had been providing resistance so that should cap any rally for now. The 20 day ema would be the next layer of resistance. The market is stretched from both now.
Monday has the worst astrology seen in a while with the Sun squaring Pluto along with all the other stuff.
It was a strange day with breadth so strong and markets down. We never got a bounce back to the 50 day average and now the indices are getting oversold.
The Dow and $nya led the way down and have been consolidating the last few days. My expectation was for the market to bottom on Friday next week. Since the SP500 hasn’t hit the 100 day average yet (Dow has), I’ll stick with that.
Maybe we get a stong bounce to the 50 day and a final washout drop into Friday. I still haven’t seen any moving average crossovers of certain indicators that wpuld indicate an imminent bottom.
How is the market supposed to trust the Bureau of Liars of Statistics? https://twitter.com/biancoresearch/status/1780941852662739395
I have sell signals galore now. The strongest one (and confirming) occurred on Friday with a certain indicator breaking to new lows. The question now is, will the 100 day average stop the decline or the 200 day average?
Thank-you Red for the time that you spend trying to get a fix on things; difficult market for sure!
Is that West Virginia?
I got a preliminary sell signal today with the market being up. Another will trigger tomorrow unless the market is up big. They were on the brink of triggering a couple of weeks ago but the market did a fakeout and went higher. I don’t think it will be following that outcome again. They last triggered in early January.
The market could still go higher but it means that the trend should soon be down. But the individual indicator will still be in decline. There will be stronger sell signals with a continued decline.
The market finally made a closing high on a final day of the week and the window is closing for the same cycle last seen during the Covid crash of 2020. I was looking for something similar to what the Nikkei experienced a couple of weeks ago if we didn’t make a new high. We still might get it. The market topped on December 28th, 3 months ago.
We gapped up big on the first of the month last month. Is that going to happen again to start April? 1929 saw the market make a high on the 1st day of the month (September) but it shouldn’t do that for some flower moon denouement. Still we’re a few days away from generating strong sell signals. And the market tends to hold up until the sell signals get generated.
We also have an easy monthly reversal set up.
The Dax has an extreme RSI so it should get a Nikkei like move from a few weeks ago. The SP 500 weekly RSI is at levels seen by the Nasdaq on March 13, 2000. TheNasdaq is lagging the SP. It didn’t make a new high with the SP yesterday.
Tomorrow is 5055 days from my special reveal date years ago. I’ve been looking at it as a special day for awhile. I hope I don’t jinx it.