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Higher Prices Expected This Week, Next Week Looks Bearish

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#1 blustar

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Posted 10 October 2023 - 08:54 AM

Venus in Virgo is in opposition to Saturn Rx in Pisces @ 1 Degree This Morning: Dr. Copper is down 0.95% and is a drag on the stock market; no help from the PM's either.

 

The indicators are mainly mixed, but the daily is strongly up.  The astro indications today are telling us to buy weakness. We have a strong e-wave indication that we could easily see 4475 SPX by Thursday (chart coming). 

 

Tomorrow is the PPI report and Thursday the CPI. Late tomorrow is the FED minutes report. The FED speakers are coming in with a dovish tone. The VIX is getting hit today, so that is positive.

 

10:00am
 

USD

 
Final Wholesale Inventories m/m
 
 

-0.1%

-0.1%

 

 


Blessings,

 

blu

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#2 slupert

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Posted 10 October 2023 - 02:29 PM

Venus in Virgo is in opposition to Saturn Rx in Pisces @ 1 Degree This Morning: Dr. Copper is down 0.95% and is a drag on the stock market; no help from the PM's either.

 

The indicators are mainly mixed, but the daily is strongly up.  The astro indications today are telling us to buy weakness. We have a strong e-wave indication that we could easily see 4475 SPX by Thursday (chart coming). 

 

Tomorrow is the PPI report and Thursday the CPI. Late tomorrow is the FED minutes report. The FED speakers are coming in with a dovish tone. The VIX is getting hit today, so that is positive.

 

10:00am
 

USD

 
Final Wholesale Inventories m/m
 
 

-0.1%

-0.1%

 

 

 

Not sure th bullish part will me it through the week, but the bearish part is defintely coming.



#3 blustar

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Posted 10 October 2023 - 05:41 PM

CHART LINK


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blu

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#4 q4wer

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Posted 10 October 2023 - 09:35 PM

bullish move may last into 10/14, the solar eclipse.  



#5 blustar

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Posted 11 October 2023 - 09:27 AM

bullish move may last into 10/14, the solar eclipse.  

if so 10/13's Mars/Sat RX trine should be maximum, especially relating to the PM's. I see a large gap down on Monday next week.


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blu

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#6 blustar

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Posted 11 October 2023 - 02:33 PM

Current indications and expectations suggest at least one more day to the upside for the SPX, but at least two for the GDX/NUGT PM's.

 

There is doubly strong resistance around the 4475 SPX arena for the next day and maybe two. Ideally, Friday should be a failing wave for the SPX, but we will see in the fulness of time. Next week is adjusted to ideally 4144/45 SPX Friday and 4615/16 for November 2. Remember, my ideals are seldom perfect, but strive to be close.


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#7 blustar

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Posted 11 October 2023 - 03:22 PM

Just a head's up: we might gap down first on a 4/8-1 low. 4338 possible. "Buy the dip", still stands.


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#8 blustar

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Posted 12 October 2023 - 08:28 AM

SPX futures have pulled back from earlier levels.  The VST indicators got a little over bought in late trading. The daily, astro and cyclical indications are still pointing up for now. The next major low is due October 20-23. October 21 has the Sun squaring Pluto (following the Sun conj. Mercury, normally a low +/- 2 TD's)and on October 23 the Sun changes signs to Scorpio. Early tomorrow sees Mars trine Saturn Rx, a topping signature, especially before a new moon/solar eclipse.

 

At this point, I am only inclined to buy pull backs looking for a top.


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blu

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#9 blustar

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Posted 12 October 2023 - 10:43 AM

Jupiter Rx Quintiles Saturn Rx mid day on Monday the 16th (normally = top Oct 16-17). This is a topping signature. Charlie has a low near the open tomorrow +/- . A 5/8 TD low could be due on a gap down Friday. A low the day before a new moon often times gets a 1-2 TD rally though the new moon. Charlie also has a buy low late the 16th.

 

Trines can be sell signals on an open, then buy, e.g., Mars trine Saturn RX tomorrow early. The Sun also trines Saturn RX early on the 24th, all within range of the Sun opp. Mercury on the 20th. Ideally, a low should present itself ~October 30 +/- a week or two max.


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blu

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#10 blustar

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Posted 12 October 2023 - 05:25 PM

Current indications suggest a possible test of ~4285 SPX early Friday. It is possible we test the 4550's by late Wednesday or early Thursday next week(Oct 18/19). This could easily be the Y wave of "B" and if so, "c" of Y is where the strength or action comes in.

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