BluStar Market Insights
Market Crash of ~ 20% Dead Ahead!
February 3, 2023
Brad Gudgeon, Editor
The recent parabolic rise in the NASDAQ 100 was the public's maniacal buying of the beaten down "tech" leaders of the post Covid Crash Bull Market. As you can see by the plethora of Y Waves (like B Waves, only irregular) on the chart, the Elliott Wave action is telling us that this is a major "Sucker's Play" that will end up in a dreaded [c]of Z Wave Crash!
As I said before, we are in a final A-B-C of © of the [A] Wave on the NYSE, Dow 30, Transports etc. The NASDAQ 100 has skewed the normal S&P 500 E-Wave pattern due to the recent tech rise, which is completing the final a-b-c of a Triple Three Wave Pattern [A] Wave pattern, all due to come together by April of this year. I'm predicting about a 40%+ drop from recent highs (4195) on the S&P 500 into April 2023.
The VIX made an important reversal yesterday and continues its buy signal, as the smart money begins hedging their portfolios or downright speculating on the coming drop.
Astro-wise, this weekend: the Sun in Aquarius squares Uranus in Taurus and Venus squares Mars. This combination is extremely disruptive and warlike! I'm looking for a big gap down on Monday to test the S&P 500 4020-30 zone in completing "a" of [a], which implies a "b" of [a] the same day then a hard break "c" of [a] into late Tuesday below 4000. A break of the 4020-30 zone would imply a test of the 4000 zone +/- Monday.
Next comes Wave [b] from Wednesday-Thursday, which likely comes in the form of an irregular w-x-y bearish flat testing support (as shown on the chart below). The [c] crash wave is due Thursday 2/9 to Monday 2/13.
S&P 500 Daily
Click on Chart to Enlarge
Below is a Simple Description of My Astro Interpretations
Feb 3, 2023 9:50 PM Sun 15 Aquarius 01 square Uranus 15 Taurus 01: Chaos, Disruption, Rebellion (war on bonds [interest rates rise], & currencies [$ rises]). To me, this is a fight between the Globalists and the Patriots, the Ukraine/Russia and China may be involved.
There is a T-Square of the Full Moon in Leo with Uranus, too, which increases the disruption energy. I can't help but think that this is the real beginning of the fight against globalism. The Beast is extremely dangerous now as their mantra is failing worldwide! Watch for a potential False Flag.
Feb 4, 2023 10:29 PM Venus 11 Pisces 14 square Mars 11 Gemini 14: This aspect says "war on cash (stock market), war on love, war on tranquility".
Feb 6, 2023 1:26 PM Mercury 23 Capricorn 47 sextile Neptune 23 Pisces 47= "b" of [a] wave top late in the day? A message or announcement may cause late day buying.
Feb 7, 2023 1:21 AM Venus 13 Pisces 52 semi-square Pluto 28 Capricorn 52 = Drop due to debt collapse, Venus = money, Pluto = debt
Feb 7, 2023 9:29 AM Jupiter 7 Aries 20 semi-sextile True Node 7 Taurus 20
This combo suggests a topping zone; Jupiter is in the war like Aries, Rahu = chaos, disruption, rebellion; market should decline all day.
Feb 8, 2023 12:29 AM Venus 15 Pisces 03 sextile Uranus 15 Taurus 03 = Money. Love, Peace a reprieve from chaos, but the trend is down and the gap up is sold.
Feb 8, 2023 9:48 PM Mercury 26 Capricorn 49 semi-sextile Saturn 26 Aquarius 49 = Another attempt at a rally early Feb 9, Saturn in Aquarius is about restriction, limits, globalist overlords; Mercury is the messenger, so another fake out rally coming
Feb 9, 2023 8:23 AM Mercury 27 Capricorn 24 sesquiquadrate Mars 12 Gemini 24 = A message about war, could be something to do with the Ukraine War, the 55 week FIB cycle takes us back to Jan 20, 2022 when Putin announced the invasion of the Ukraine...
Feb 12, 2023 1:49 AM Sun 23 Aquarius 16 semi-square Jupiter 8 Aries 16 = War
Feb 12, 2023 6:36 PM Sun 23 Aquarius 59 semi-sextile Neptune 23 Pisces 59 = Panic
Next week looks tumultuous, especially early in the week (Feb 6/7 TLC Lows). Volatility will break out to the upside. A mid week calming, sideways to down testing period called Wave [b] leads to [c] the Crash Wave.
BluStar Market Insights