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Today Should Be The Top of Wave B, Wave C to SPX 3212 by 1/18/23?

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#11 blustar

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Posted 06 January 2023 - 10:06 AM

                                                            BluStar Market Insights Presents:

 

 

Morning Coffee, "Running Out of Time for a Top!"

 

January 6, 2023 AM

 

The astro aspect Sun/Mer conj. hits tomorrow and forecasted a low Jan 5/6 and today is a potential TLC or buy low.  Based on the 5 TD cycle we should see 3883 SPX by the 2nd to 4th hour of trading, which the computer model predicts. Today is TD 9 of the [b] wave of A of {C}. 

 

UVIX now hit a new low of $5.21. This weekend has Mercury Rx in Capricorn mid point on the 8th [point of decision], tonight is the full moon and Venus trine Mars on Monday (war).

 

Putin has called for a cease fire for the Russian Orthodox celebration of Christmas on the 6th and 7th. OIL prices went up 9 TD's on Wave A, pulled back x-y-z B {4 TD's} and now the expected C Wave of 9 TD's should finish on January 20th, the day before the new moon, Uranus Stationary/Direct and Venus conj. Saturn on the 22nd.

 

I believe we are going down in the stock market over 9 TD's into the 20th, {a-b-c 3-3-2}, so we could easily have a 7-9-9 TD Affair A Wave of {C}, much like what happened in Sept 2022 only likely much more intense to possibly around 3200 SPX.

 

The computer model is looking for a low on the 11 or 12th and the 12 has Mars Direct (war). Uranus [rebellion, chaos] is aspected again on the 14th, Venus sq. Uranus, so at least a minor 'x' of "b" low on the 17th GEO is expected. The next day on the 18th, Mercury in Capricorn goes Stationary/Direct with the Sun conj. Pluto in Capricorn, which could easily be a 'y' of "b" top. The Sun leaves Capricorn on the 20th.

 

Putin's Pluto aspects are heavily aspected in Capricorn. OIL is definitely involved.

 

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Brad Gudgeon

Edited by blustar, 06 January 2023 - 10:09 AM.


#12 skott

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Posted 06 January 2023 - 11:01 AM

Brad,  what does your model and those you trust say on Gold and the miners? We have a full moon tonight. That can mean a reversal or acceleration of the trend. What say you?   And you say today is a top in the stock market. I can believe that. Vix is telling us something.



#13 blustar

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Posted 06 January 2023 - 11:27 AM

Brad,  what does your model and those you trust say on Gold and the miners? We have a full moon tonight. That can mean a reversal or acceleration of the trend. What say you?   And you say today is a top in the stock market. I can believe that. Vix is telling us something.

I think the dollar will get strong and the PM's fall. I don't see a great buying opportunity until Jan 2024



#14 skott

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Posted 06 January 2023 - 11:48 AM

Gold mining stocks do very well during bear markets. I was long and get stopped out for safety and didn't pull the trigger to go back long. This weekend will be telling IMO.



#15 skott

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Posted 06 January 2023 - 12:50 PM

yeah, that's about 18% drop from current levels in a span of 8 trading days. That will be amazing if it happens and most likely forgotten if it doesn't. I hope it does



#16 blustar

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Posted 06 January 2023 - 02:05 PM

I'm not sure if it will go that low, but Jan 19-20 should be a low. I believe at minimum we break below 3500 by then into the 3400's. We just hit my target of 3883 at 3384.30 on the 4th hour



#17 skott

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Posted 06 January 2023 - 02:40 PM

thanks for pointing that out. somehow I read your top was supposed to be 3912. I sometimes have dyslexia. Hopefully that pulls the miners down for a better entry.



#18 blustar

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Posted 06 January 2023 - 03:40 PM

Originally I thought 3904- 3908 for the blow off top, then backed it off to 3897/3900. It was 3906 today. I see a big move down on Monday, nearly 180-190 points possible.



#19 blustar

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Posted 07 January 2023 - 12:26 PM

yeah, that's about 18% drop from current levels in a span of 8 trading days. That will be amazing if it happens and most likely forgotten if it doesn't. I hope it does

I'm thinking 3300 SPX by Feb 9 now and near 3440 by Jan 20; been doing some work on gold vs silver and the miners. Gold looks the strongest going forward due to war tensions especially as we move into Feb 28 & March 15 perhaps above $1970, but a market collapse could send it lower back into the $1600's by March 21. By August we could see $2440, but a collapse is due into January 2024 that could see a move below $1300. In my opinion (fwiw), unless your are a trader I would wait until January 2024. War and oil prices likely to rattle the markets even on Monday 1/9, but even more so going into late Feb to mid/late March. As far as silver and the miners, I would wait until the March 21, 2023 expected collapse bottom and of course trade out longs in the summer.



#20 12SPX

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Posted 07 January 2023 - 03:37 PM

Hmmmm I went into the weekend with an average 3910 short but I think we'll only hit 3440.42 by the 20th lol, hahaha







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