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Pattern Turning Bullish (for now)...

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#1 blustar

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Posted 11 August 2019 - 02:54 PM

Friday's pull back failed to take out the recent gap up in the mid 2880's.  A top on Monday around 2940-44 is expected to do that (down into the 2880's) into late Tuesday, which in my book is bullish [xyz B] into the 16 TD top due on the 19th. I'm expecting around 2880 then 3044-48.  From the 19th into early Sept I expect a nasty drop over 15% into the low to mid 2500's.  My blog explains everything. Things gonna get wild I think into early 2020!! Big swings up and down.  Astros around the 18th of August into Sept 1-3 are negative.  A strong Oct/Nov rally to new highs could be in the cards.

 

Jupiter turns Direct while Uranus goes Retro today.  A pull back into Tuesday then hard up into the 19th then hard down into early Sept. I can't help but think Trump and the Chinese will be to blame. About 4 years ago (almost that) the Chinese devalued the Yuan and the stock market fell over 15% in 4 TD's. There is a 4 year cycle low due here and into the early part of 2020.  Benner's cycle along with my e-wave analysis suggests new highs next summer then a huge fall drop.  Yikes the election!!!

 

Next autumn could give us nice scare of over 30% down. Maybe even 38%!!!


Edited by blustar, 11 August 2019 - 02:54 PM.


#2 da_cheif

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Posted 11 August 2019 - 05:36 PM

>Next autumn could give us nice scare of over 30% down. Maybe even 38%!!!<   all the way back down to 35000  



#3 q4wer

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Posted 12 August 2019 - 11:08 AM

Last night ES high was 2931, and now we have visited 2888,  blustar's timing is shifted a bit.  we may have turned around Tuesday ...

 

I believe it will close around 2900 +/- 5 points today.



#4 blustar

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Posted 12 August 2019 - 02:24 PM

Stock Market Down Today!! My indicators went to a sell again negating the previous scenario. I expect a gap up early Tuesday that means a strong opening that should be sold into. The 4 TD low can run 5! Look for a gap up that should be sold into.



#5 da_cheif

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Posted 12 August 2019 - 02:54 PM

aug 13 1982     a day of infamy



#6 lucky6

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Posted 12 August 2019 - 03:34 PM

Blu-any kind of a target-time and price ?? Thanks



#7 blustar

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Posted 12 August 2019 - 10:29 PM

I'm thinking we get a nice abc rally into the 15th wave 'y' to 2944 then down 'z' of "b" into the 19th making a bull flag and up "c' into the 22nd to new highs.

 

The MACD probably made a false sell signal.  Looks weak overall, typical of sideways bull flags.

 

Overall contained within a VST bull flag I'm thinking until we break out to the upside next week.

 

Bradley s August 8/9, then 15/16 then 22nd then 28/29.  We've got a bullish Sun/Jupiter conj early (2:07 EDT) on the 14th then a negative Mercury sq Uranus bottom on 1:07 EDT Friday the 16th after the 15th full moon, which should be a top. Mars goes into Virgo on the 18th so watch out for the 19th!

 

We got the test of 2880 today and may retest it late today near 2873.  We had three reversal signatures over the weekend: Jupiter Sta.Direct, Uranus Sta. Retro and Mercury ingress > into Leo



#8 blustar

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Posted 13 August 2019 - 08:26 AM

On the other hand IF we double bottom today near 2872, we may just get a nice oversold bounce into the Sun/ Venus conj due early Wed on the 4 TD top from last Thursday.  Resistance in the lower /mid 2900's 2907 good resistance before turning lower into Friday.



#9 q4wer

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Posted 13 August 2019 - 09:24 AM

Blustar, Thanks for the update !!!

 

 

Some other guys use astrology method deduct that market is generally bullish until 8/23.  from 8/23, market will vibrates to the downside.



#10 blustar

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Posted 13 August 2019 - 02:17 PM

Today's action turns the stock market back up. This looks like a 'y' of "b" of the larger Y.  We should pull back some into late day even as low as below 2910 to the 2909 area.  

 

A gap up into early Wed where we have the Sun/Venus harmonious conjunction into the first hour and as high as 2952 +/- 2 pts should start the move back down into 'z' of "b" of the larger Y by the EOD Thursday where the 8 TD low on the full moon is and also the helio Bradley (the geo is Friday) turn.  

 

The next 8 TD top is due on the 20th which is a 16+1 TD top and we have a trine due early Wed, which tells me late Tuesday is the top for new highs then down hard into Sept 3 in 5 waves likely.







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