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Solar Storm July 31- August 1 Expected

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#1 blustar

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Posted 31 July 2019 - 09:24 AM

REPORT LINK

 

Solar storms often times cause market declines.  I'm expecting about a 2.9% to 3% decline into the first of August.



#2 blustar

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Posted 31 July 2019 - 02:07 PM

 I was the only one who voted bearish on today's poll! I guess I got lucky once again!



#3 trioderob

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Posted 31 July 2019 - 02:38 PM

actually your call was totally wrong again

 

from your own blog you predicted today to be an up day

 

"tomorrows expected top near 3031/32 " 

 

you had posted that it would be a down day and then flipped and changed it last minute  - I bet you were thinking :

 

"what if the feds cuts 50 basis points ? "
 



#4 q4wer

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Posted 31 July 2019 - 02:44 PM

You have killed a tipping point buy, and ruined the whole market  :)



#5 .Blizzard

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Posted 31 July 2019 - 03:22 PM

actually your call was totally wrong again

 

from your own blog you predicted today to be an up day

 

"tomorrows expected top near 3031/32 " 

 

you had posted that it would be a down day and then flipped and changed it last minute  - I bet you were thinking :

 

"what if the feds cuts 50 basis points ? "
 

 

It's unbelievable

 

A person who knows no shame


 
 
 


#6 blustar

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Posted 31 July 2019 - 09:57 PM

I thought we might be as high as 3030. I also thought today would be a down day due to the fed rate cut. My vote was today to be a down day and that was my point. The point was the last two days I believed and voted that both days would end up down and that occurred. And the point was I was being attacked as being lucky when I was the only one who voted for a down day. The shame is on those who attack others here on this board. Many good people have left this board because there are those who have to take constant pot shots at other posters. Nobody is perfect we guess as to possibilities.

My thinking was we could see 2940 by Thursday. We hit 2958 late today on a break of the rising wedge and now it looks as though we are attempting a snap back to the lower line near 3009 Thursday. My new thinking is we see 2897 by Friday or might I put it like this: a good possibility based on c = 1.618 a and a fill of the gap a trend like support plus Friday has Venus sq Uranus. Tomorrow is the first day off the month and td 4 from Friday so it would not surprise me to see some strength after some early possible weakness tomorrow.

#7 blustar

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Posted 01 August 2019 - 08:36 AM

I believe we see wave "b" of Z of [B] today, and that means some sort of snap back toward the rising wedge also based on the 4 TD cycle.  "c" should occur on Friday to the down side based on the 4 TD cycle and the pattern we had 2 weeks ago (X=Z) in time.

 

Downside objective possibilities are SPX 2897, 2913, 2920, 2935.  Venus sq. Uranus early Friday and that is the worst of the three: Monday evening Sun sq Uranus/ Wed Moon sq. Uranus.  Don't forget the coming solar storm!!

 

New highs expected by August 19/20 into the 3040's where the next 16 TD top is located.



#8 blustar

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Posted 01 August 2019 - 09:45 AM

Daily resistance today is 3006 and hourly 3011/12.  Daily support on Friday is 2940 and hourly 2935. By the way, I voted for an up day on the poll, so three days in a row for me! Again tomorrow has the cycles, e-wave and astros pointing down hard.  My best guess is that the SPX  2935/40 zone will be tagged.  I can't imagine anything lower.  I have August 19/20 around SPX 3039-44 as being an important IT top for a 20% move down into around Nov 7.  The end of August should get very interesting, especially 8/26-28.  We have a Mars/Sun conj on Sept 2 (weekend) which points to a secondary 4% rally top around Sept 4/5.  The trines around Sept 4/5 support that idea and down 'hard' we should go into Sept 16, the Monday before expiration  The next top would then be Sept 24-25


Edited by blustar, 01 August 2019 - 09:47 AM.


#9 blustar

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Posted 01 August 2019 - 11:02 AM

I think we just topped at 3013 near to my 3011/12!!!



#10 SP500daytrader

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Posted 01 August 2019 - 01:53 PM

I think we just topped at 3013 near to my 3011/12!!!

Nice call @blustar!