19 replies to this topic

[Rogerdodger]

I'm still long as of Friday.

 

We all know somebody who has been "ALL IN" since SPX 600's!

Just ask him.

Edited by Rogerdodger, 15 August 2023 - 03:06 PM.

[SteveB]

Ha! Hes not around here right now, but we can ask him on the next bounce.

[blustar]

TLC low today is a buy spike low! We are down 7.7 on the SPX futures. The VIX looks to fill a 3 gap play into Thursday in a C Wave down out of a pennant formation!

 

Ideally we rally to the 4615/18 level by early/mid Thursday. Last night at 10:34 PM EDT, the Sun squared Uranus meaning resistance to the downside. This morning, Mars trines Uranus: expect the unexpected!

 

We have made a triple irregular low after making a triple irregular top in the [y] wave position! The FED is likely going to manipulate the market up so they can crash it. This week is also OPEX week.

 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

 

[blustar]

 

I'm still long as of Friday.

 

We all know somebody who has been "ALL IN" since SPX 600's!

Just ask him.

 

Ha!

[blustar]

I just exited all of my leveraged-inverse ETFs for a net 6% gain. Market is short term oversold and we are at mid-month when markets often make a S.T. Low and stage a bounce. New lows are forthcoming later this mo th but Id rather exit, refill back up from higher levels.

Good move!

[blustar]

Current Analysis suggests 4617/18 by early Friday or late Thursday this week. Today should rally to at least 4527 and not more than 4540 SPX.

 

Today is a 57 TD low or 11 week low at least a 2 TD rally should commence out of such a low. The next low should be either the 28th or 29th of August and that is the A wave low.

 

Added more today on the long side... blu

[12SPX]

Glad your sticking with it yay!!  

[cycletimer]

My anticipated mid-August LOW is either here now or fast approaching.  I had mentioned previously I had my eye on a cycle low on 8/18 + or - one TD.  This could just about do it.

[hhh]

My anticipated mid-August LOW is either here now or fast approaching.  I had mentioned previously I had my eye on a cycle low on 8/18 + or - one TD.  This could just about do it.

Stan Harley is with you (with high probability.)

[blustar]

New Moon in Leo on Downtrend = Low

 

We are at a 10/20-38/44 week, 9-month low +/- 1 month, which demands a strong rally ahead. The next cycle turn is due August 23/24. August 23 has Mercury Rx and Mars opposing Uranus, which is always a turn and this time THE top. We have just completed an IMP or Irregular Megaphone Pattern, which is a type of running correction. These are always followed by powerful waves up and 4617-37 SPX is not out of the question by August 23.

 

The recent topping action demands a 16+9 irregular top on Wednesday next week. The October low of 2022, was a 16+9 irregular low, and I have been saying that we could finish the same way, only a top this time and that top is due on Wednesday next week (the NDX could extend into Thursday for the top.)

 

The A Wave low should occur on Sept 1 (Sept 3/4 has Venus Direct and Jupiter Rx), so the B Wave should occur on Thursday Sept 7, and C on Sept 20th. This demands a 12/11/16 TD low type pattern into the final 50 week low due on October 11. Sept 29 Venus sq. Uranus top, 8 TD's up, 8 TD's down.

 

The precious metals should rally into August 27th then down into Sept 1. We are going into a war cycle as we approach the end of August. Rumors are flying that Biden will try a climate lockdown much like the COVID lockdown soon. The Maui fire looks to have been started by a DEW, a type of particle beam weapon. The triune BEAST is rearing its ugly head once more!

 

 

Brad Gudgeon

Editor,

BluStar Market Insights