New moon in Aquarius in about an hour. Tomorrow 2-19 will be the 212th anniversary of the founding of Ohio, or when the US created its boundaries and constitution.
The stock market indices putting in an identical pattern to the euro top from last year and a certain little historical top triple ninen years ago. (for the Nasdaq then, SP has joined in the pattern here).
If we hit it tomorrow “before” the FOMC then it’s “possible” they will say something the market won’t like and cause the sell off to start Wednesday after 2:30 pm.
However, “most” FOMC days end near the high for the day after some whipsaw action up and down around the release of the minutes. So as long as we don’t hit that FP area Wednesday before the meeting then I’d put the odds of it happening Thursday morning, which I think would be a great short.
Do note that it’s common for them to go past the FP before topping and turning back down as it’s only a signal that it will be hit, not that it’s a “turn” level. But considering everything else it looks likely that we’ll turn back down shortly after the print is hit.
A lot has dropped from his subscription his losers are more than winners. Also his letters contradictis his call. He loves obama and think the fed is doing a fine job. That should tell you his personality.
I haven’t found him to be very accurate, at least not on the info he puts out for free on his site. Possibly he is more accurate with those that pay him? I don’t know? I just don’t think astrology works too well on the short term. Maybe on the multi-year picture, but it’s too easy for them to manipulate things on a daily basis.
Well, I’ve not seen Astrology work too accurately in the past but with the timing of the FOMC meeting and the 211,80 SPY FP just about 25 SPX points higher it certainly seems likely that a turn down is coming soon, so I’ll be expecting the “unexpected” from them this Wednesday, meaning Mahendra could right on this one,.
According Mahendra Astrology … this week is very negative for the market. The FED statement is on Wed may have some verbiage that could affect the market. Estimate of a correction at about 3-5%
Thursday is a 20 day, or an 11 as 2 (zero means nothing and is dropped) simply 1+1, so it’s possible we have a top tomorrow Geccko.
New moon in Aquarius in about an hour. Tomorrow 2-19 will be the 212th anniversary of the founding of Ohio, or when the US created its boundaries and constitution.
The stock market indices putting in an identical pattern to the euro top from last year and a certain little historical top triple ninen years ago. (for the Nasdaq then, SP has joined in the pattern here).
If we hit it tomorrow “before” the FOMC then it’s “possible” they will say something the market won’t like and cause the sell off to start Wednesday after 2:30 pm.
However, “most” FOMC days end near the high for the day after some whipsaw action up and down around the release of the minutes. So as long as we don’t hit that FP area Wednesday before the meeting then I’d put the odds of it happening Thursday morning, which I think would be a great short.
Do note that it’s common for them to go past the FP before topping and turning back down as it’s only a signal that it will be hit, not that it’s a “turn” level. But considering everything else it looks likely that we’ll turn back down shortly after the print is hit.
we are very close to 2118. Is this supposed to mark a top?
A lot has dropped from his subscription his losers are more than winners. Also his letters contradictis his call. He loves obama and think the fed is doing a fine job. That should tell you his personality.
I haven’t found him to be very accurate, at least not on the info he puts out for free on his site. Possibly he is more accurate with those that pay him? I don’t know? I just don’t think astrology works too well on the short term. Maybe on the multi-year picture, but it’s too easy for them to manipulate things on a daily basis.
How accurate is this Mahendra person?
looks like a bull trap…..
Well, I’ve not seen Astrology work too accurately in the past but with the timing of the FOMC meeting and the 211,80 SPY FP just about 25 SPX points higher it certainly seems likely that a turn down is coming soon, so I’ll be expecting the “unexpected” from them this Wednesday, meaning Mahendra could right on this one,.
According Mahendra Astrology … this week is very negative for the market. The FED statement is on Wed may have some verbiage that could affect the market. Estimate of a correction at about 3-5%