15 replies to this topic

[blustar]

I expect a moderate rally into week's end into the mid 4400's SPX. Today's low was identified on my blog last week. THE top approaches...soon...get ready for the dreaded black swan.. center of astro/wave/cycles points to Aug 4/5

[redfoliage2]

Let's see if tomorrow the Fed will say something to make the market happy ...............................

[blustar]

I see min 4431/35 WED but....I'm concerned about Thursday & the 8 TD low...maybe a gap fill and down to the low 4360's.  It is also Mars opposing Jupiter on the 29th! I'm still looking for an AUG 4 top.  Look at the A/D line OMG!!

[12SPX]

What happened to the July 16th THE top?

[blustar]

I wrote that the top on the 16th was secondary and to short into Monday. Then said go long big time

[12SPX]

Hmmmm k I always took THE top means the market doesn't go any higher guess maybe next time, or the next time, or maybe the next time lol!! 

[blustar]

Tops and bottoms don't mean THE BIG top or BIG bottom, they just mean tradeable tops or bottoms unless I say.  I realized on the 16th that it wasn't THE top and knew that the 19th would be a tradeable bottom by the set up.  We went long big time on the 19th into the 23rd looking for a low on the 27th. I have a timed blog where I presented that case.  I believe the 4/5th of August should be THE top.

[Ken]

Very interesting! Raymond Merriman also has August 4th as a critical reversal turning date.

[blustar]

Very interesting! Raymond Merriman also has August 4th as a critical reversal turning date.

August 4th is in between the Sun in Leo t-squaring the Saturn/Uranus square Aug 2-6.  It is also exactly 17 1/2 months from the Wed. Feb 19, 2020 top and 34 mos. from the Wed. Oct 3, 2018 top. Normal is 16.5 months and a 33 mo. cycle. We are due! I didn't know that about Merriman! Thx!

[blustar]

Right now, I believe today is a "y" wave top and we see a "z" wave drop to 4367 on Friday likely, before rallying as high as 4481/82 on the 4th. Minimum 4467/69.