24 replies to this topic

[blustar]

Current action suggests a low about or around 30 minutes +/- before the close today and a minimum of SPX 4529/30. Other possible targets include 4514, 4509 and 4500. The timing of this low suggests higher into early August around the 2nd or 3rd near the full moon (August 1) and Mars trine Jupiter late August 1, which gives me a target top of August 2-3 (4637?) with the next low due around August 11/14 the expected A Wave low. There is a precious metals low due around August 14, so this may rhyme with Feb 28, 2020.

 

The current bifurcated market sees weakness in the tech sector and strength in the NYSE and Dow 30.
 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

 

[blustar]

Odd Bifurcated Market!

 

The 4 TD low hit where it should have timewise, just not as low as I had thought (4548 instead of 4530). Money is pouring into the Banking sector and Transports.

 

I'm waiting to see what happens next. 
 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

[12SPX]

Oh oh that's two now, July 26th no -15% and today no -1.5%, maybe time to go long....

[redfoliage2]

The Fed is determined to kill the bubble:

https://www.cnn.com/...inal/index.html

[andr99]

The Fed is determined to kill the bubble:

https://www.cnn.com/...inal/index.html

 

do you remember that guy who used to say that a rising stock market will help the economy to grow......search among the FED a few years ago  

[redfoliage2]

 

The Fed is determined to kill the bubble:

https://www.cnn.com/...inal/index.html

 

do you remember that guy who used to say that a rising stock market will help the economy to grow......search among the FED a few years ago  

 

But currently it looks the Fed is more concerned with the inflation as the Fed hints more rate hikes ..................

[slupert]

 

Current action suggests a low about or around 30 minutes +/- before the close today and a minimum of SPX 4529/30. Other possible targets include 4514, 4509 and 4500. The timing of this low suggests higher into early August around the 2nd or 3rd near the full moon (August 1) and Mars trine Jupiter late August 1, which gives me a target top of August 2-3 (4637?) with the next low due around August 11/14 the expected A Wave low. There is a precious metals low due around August 14, so this may rhyme with Feb 28, 2020.

 

The current bifurcated market sees weakness in the tech sector and strength in the NYSE and Dow 30.
 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

 

 

 clicked on your link "We See Another Crash Coming by Around the end of July!" which one is it??

[da_cheif]

 

 

Current action suggests a low about or around 30 minutes +/- before the close today and a minimum of SPX 4529/30. Other possible targets include 4514, 4509 and 4500. The timing of this low suggests higher into early August around the 2nd or 3rd near the full moon (August 1) and Mars trine Jupiter late August 1, which gives me a target top of August 2-3 (4637?) with the next low due around August 11/14 the expected A Wave low. There is a precious metals low due around August 14, so this may rhyme with Feb 28, 2020.

 

The current bifurcated market sees weakness in the tech sector and strength in the NYSE and Dow 30.
 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

 

 

 clicked on your link "We See Another Crash Coming by Around the end of July!" which one is it??

 

crash as in crash up   ........"Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves."

Peter Lynch.........via rarebird

[blustar]

Today Represents the Exact Number of SPX Days Up to the COVID Top of Feb 19, 2020...

 

Overhead resistance is 4599/4600 SPX and futures are at 4598/99. As long as that number holds, I believe we may see THE top today. The QQQ may be making a failing divergent rally today. It must be proven on Friday. Venus Rx square Uranus on the 9th looks to be a top either the 9th or 10th and could be the failing [B] Wave rally.

 

Mars trine Jupiter in the money sign of Taurus late on the first of August could represent negative downward energy and not necessarily THE top, especially since Mars is involved. We are closer to a war cycle as we approach late July and early August.

 

Things are heating up in the Ukraine as far as NATO and Poland vs. Belarus/Russia are concerned. The Wagner Group mercenaries are thinking about attacking Warsaw, as Poland looks to annex western Ukraine.

 

Venus is retrograde in Leo and that last happened on July 25th, 2015 when there was a surprise currency play later in August with the Chinese. It is an 8 year cycle. This time it occurred on July 22.

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

[blustar]

It's looking more and more like THE top today! The NEG D's are overwhelming! Wave A should fall on August 7, B on August 10 and C on August 22...