8 replies to this topic

[blustar]

The SPX experienced a Sun trine Pluto Rx phenomenon early yesterday reacting to the FED speak. The FED is in charge and today at 8:50 EDT FOMC member Cook speaks, then at 9:45 the Flash PMI of both manufacturing and services comes out. Later today at 1:00 EDT FOMC member Kashari speaks.

 

Yesterday made in an irregular X Wave low upon an irregular low to take out the August 18 low on the SPX. August 30th was ortho wave W. Y should conclude on Oct 2, completing a huge WXY inverted bearish flat in the Y Wave. Wave Z is due Oct 26th with a tag irregular low on Nov 2.

 

Lows lately have been happening on Thursdays or Fridays. When the low occurs on Thursdays you get a huge gap up on Friday. I expect the SPX to test the up trend line near 4434 SPX today and possibly going to 4437 before pulling back. This wave will go through the uptrend line broken and complete wave [a] on Tuesday near or around 4541/42. [b] is due on Thursday the 28th next week then [c] into Oct 2nd. Irregular tops are due on Oct 3 in some indexes, passing the full moon/Venus sq. Uranus Rx transit on the 29th by up to 2 TD's just like it did on August 30th when Uranus went Rx.

 

My final target should be around 4637/38 in early October. This sets up Mars in Libra opposing Rahu in warlike Aries when the FEDs plan to test the Emergency Broadcast system. The next day, Oct 5th should be a huge down day as we get closer to Mars sq. Pluto Rx on the 8th (Sunday). On the 12th, Mars moves out of the Judicial sign of Libra into the investigative sign of Scorpio.

Edited by blustar, 22 September 2023 - 07:51 AM.

[blustar]

Today looks like a Bullish Harami Candle Stick

This means to me: a correction in my thinking. It looks like a sideways bear flag with a potential top on Nov 9. I think we see a slight gap up (down if higher than 4358 by today's close) Monday and by early Tuesday we should be at 4424.  The 29th full moon/Venus sq. Uranus Rx is looking more like a low.

 

It looks like an adjustment today to fit the AUGUST 18 low. This means we see a top on Oct 6th's waning moon.

 

Mr. Market is telling me that we will not see a crash in October, but something similar to the last top on Sept 1 then down into October 25.

 

This is the beauty of reading cycle, waves and astros, it can correct you from making a bad mistake in your analysis way in advance.

[blustar]

So Much for the Bullish Harami Theory!

 

This low is not a spike low but rather an irregular accumulation low. My best guess is we gap up Monday and run into October 2 in the [Y] Wave of B, that is 6 trading days (Thursday should be a pause day as it is the 4 TD low). It is likely not going to make a new high, but will take out the 4541 high of Sept 1. 

We are very oversold and now making massive POS D's.

 

Important lows have been occurring either Thursdays or Fridays.

 

The October crash scenario is now back on the table!

Edited by blustar, 22 September 2023 - 01:44 PM.

[blustar]

I'm changing it to another move down into late Monday (SPX 4303?) with perhaps a gap up to 4347 as Mercury trines Jupiter Rx. The irregular low here is an [x] wave of Y, which means [y] of Y (a third of a third) coming this week into Venus sq. Uranus Rx on Friday should see the index as high as the topping gap near 4576 or higher. By October 3 we should see a higher high above SPX 4607 as we have two irr. top signatures on July 27 and Sept 1 which tend to say higher prices ahead.

[blustar]

Big Up Week Ahead  for the Stock Market Expected!

 

I'm changing my forecast to another move down into late Monday (SPX 4303?) with perhaps first a gap up to 4347 as Mercury trines Jupiter Rx tonight. The irregular low here is an [x] wave of Y, which means [y] of Y (a third of a third wave) coming this week up into the Venus sq. Uranus Rx/FM on Friday should see the index as high as the topping gap near 4576 SPX or even higher (this is NOT a misprint). 

 

See Venus sq. Uranus Direct (not Rx) on Friday June 30th, 2023 with a low on June 26, a Monday.  The late June/early July signature topped the SPX on June 30th, The DJI on Monday July 3 and the NDX on Thursday July 5

 

Uranus Rx has more crazy energy than when Direct, as we expect even more of the unexpected than usual just ahead as I see this current irregular accumulation phase supporting a final blow off top!

 

By October 2 (or even Oct 3 or both) we should see an irregular higher high above SPX 4607 as we have two irr. top signatures on July 27 and Sept 1, which tend to tell us higher prices are ahead!

 

October 2/3 is a possible double irregular top date cluster (like August 31 to Sept 1?). Cycles are down hard into Oct 10 (WAVE A) where Pluto > Direct and Oct 9 has Venus sq. Saturn Rx, with Mars sq. Pluto Rx on the 8th and Mars opposite the Nodes of the moon on the 4th (FEMA and FCC = October 4 test of the Emergency Broadcast System, next day should be down huge hmmm... false flag coming?). Mars slips out of the judicial stage of Libra on October 12 and into the investigative stage of Scorpio unto January 4, 2024 (watch out Biden et al, they are coming after you clowns).

 

This could be the autumn of Kim Clement's prophecy about many falling in the fall and the return of Trump.

 

Bottom Line: a huge rally is coming this week! We are in an irregular bottoming, accumulation phase, which is opposite from an irregular topping distribution phase. I think waiting to buy with both hands toward day's end tomorrow will likely prove to be the best strategy.

 

Tomorrow is also a 16+9 irregular Gann low. Last time we saw that was the October 13, 2022 low, which itself was not only a Gann irregular low but also an Elliott irregular low. The higher she blows here, the harder she falls!

 

NUGT and GDX should do well in the immediate days ahead.

 

The Sun/Mars conjunction in Scorpio Nov 18 has an 8 degree orb of influence which means ~6 to 7 weeks or so for a possible crash signature top and that puts a top near ~Sept 29/Oct 6, which the dates Sept 29-Oct 3 fit the bill. Cycles are down into late October or early November. I have Oct 26-Nov 2 as the coming low(s).

 

 

 

 

Brad Gudgeon

Editor,

BluStar Market Insights

[blustar]

Trines in down trends can be gaps up or gaps down. The Mercury trine to Jupiter Rx in the money sign of Taurus last night gave a us a gap down.

 

We tagged 4302.85 and so far have bounced a little. The Venus sq. Uranus Rx aspect along with the irregular bottoming action last week into this week suggests the higher probability, but not the certainty of a late revisiting of this low today, so it bears watching. 4303 SPX was my target for today, let's see what happens...

[blustar]

The market does NOT look like it is through going down. It obviously needs more POS D's as the weekly and daily is pointing hard down. A move into the 4280's would not surprise me for tomorrow. The emphasis is now Sept 29/ Oct 2 for the ortho top near 4518.

 

The moon in Aquarius sq's both Jup Rx and Ura Rx tonight while it trines Mars and opposes Venus. Venus also Bi Q's Nep Rx tonight. The DJI had an irr. low today and that is also negative.

[blustar]

The current read says, perhaps a little up early tomorrow, we might get hit at the 10:00 EDT report, support is near 4308. If this happens, I would be a buyer into week's end.

[blustar]

The market does NOT look like it is through going down. It obviously needs more POS D's as the weekly and daily is pointing hard down. A move into the 4280's would not surprise me for tomorrow. The emphasis is now Sept 29/ Oct 2 for the ortho top near 4518.

 

The moon in Aquarius sq's both Jup Rx and Ura Rx tonight while it trines Mars and opposes Venus. Venus also Bi Q's Nep Rx tonight. The DJI had an irr. low today and that is also negative.

 

We have hit the 4280's. I am not yet convinced of a bottom. NOW possible 4267 looms, it remains to be seen. Not yet a buyer. POS D's rapidly building here, but the daily and weekly are still way negative. Wed this week has an imperfect Venus sextile Mars, which is positive. The most positive is this Friday with the full moon & Venus sq. Ura Rx