I was going to write that they’ve held it up so far that it could do one spike higher. But there hasn’t been a pullback and both main indices are at the upper Bollinger Band.
The Mars Pluto square didn’t do anything today except maybe hit the Dow a little. I overlooked the Sun Saturn square. Both squares should be active for a few more days. 6-14 has the Sun, Venus, and Mercury lined up in Gemini with a square to Saturn in Pisces and the moon joins in with another square. Neptune is also nearby in Pisces. The moon will aspect them all that day.
Meanwhile a certain indicator remains negative and it should get even more negative today. It’s offshoot just dropped below its last moving average of significance (actually today) except for a very long term one that really isn’t useful.
There is a case to be made for one more 4 and 5 wave to take place. Maybe an early CPI drop and then pop. The 13th would be an ideal date for a top one year 9 months off the 10-13-2022 top.
We’re getting near or actual Hindenburg signals every day. I don’t know if the new lows actually qualify.
Sentiment Trader just confirmed conditions identical to the days ahead of the November 22,2021 top on Wednesday. They were probably triggered again these last two days. Similar to Hindenburg Omen signals which we got on May 23 and are close to triggering the last couple of days.
Meanwhile a certain indicator continues to trend down like seen at that November time frame and it got even more negative today with the new high like at the 11-22-2021 top.
Next comes up the Mars Pluto square.
It is 15(6)years 3 months from the 03-06-09 low which was also a special Venus astro period. (start of the retrograde)
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.
I was going to write that they’ve held it up so far that it could do one spike higher. But there hasn’t been a pullback and both main indices are at the upper Bollinger Band.
The Mars Pluto square didn’t do anything today except maybe hit the Dow a little. I overlooked the Sun Saturn square. Both squares should be active for a few more days. 6-14 has the Sun, Venus, and Mercury lined up in Gemini with a square to Saturn in Pisces and the moon joins in with another square. Neptune is also nearby in Pisces. The moon will aspect them all that day.
Meanwhile a certain indicator remains negative and it should get even more negative today. It’s offshoot just dropped below its last moving average of significance (actually today) except for a very long term one that really isn’t useful.
There is a case to be made for one more 4 and 5 wave to take place. Maybe an early CPI drop and then pop. The 13th would be an ideal date for a top one year 9 months off the 10-13-2022 top.
We’re getting near or actual Hindenburg signals every day. I don’t know if the new lows actually qualify.
Sentiment Trader just confirmed conditions identical to the days ahead of the November 22,2021 top on Wednesday. They were probably triggered again these last two days. Similar to Hindenburg Omen signals which we got on May 23 and are close to triggering the last couple of days.
Meanwhile a certain indicator continues to trend down like seen at that November time frame and it got even more negative today with the new high like at the 11-22-2021 top.
Next comes up the Mars Pluto square.
It is 15(6)years 3 months from the 03-06-09 low which was also a special Venus astro period. (start of the retrograde)
As I texted: Putin’s America with its rigged show trials.
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.