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Higher Prices Expected into Next Week

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#1 blustar

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Posted 19 January 2024 - 09:08 AM

Following the 4 Year Cycle, we should expect higher prices and new highs for the SPX into Monday. Tuesday should be a 4 TD low then slightly higher into Wednesday. The QQQ should make it's top early Friday next week with the SPX possibly following. 

 

IF we follow this same pattern, we should see a hard a-b-c drop into Feb 2 into the 4530/50 SPX range.

 

The AI/Tech sector is negatively diverging from the rest of the market. This is warning sign going forward! A large FEB/MARCH  drop is expected in the 35/40% range!


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#2 q4wer

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Posted 20 January 2024 - 07:48 AM

1/26 high. Spx 4900? Thanks

#3 slupert

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Posted 21 January 2024 - 06:47 PM

Worst set up for earnings we have in years.

#4 blustar

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Posted 22 January 2024 - 10:32 AM

We are at a 5/10 TD high. Both Pluto and the Sun entered 0 Deg. Aquarius over the weekend. There are challenges ahead between the Shadow Cabal and the people. 

 

There are also challenges ahead with the huge intermarket divergences developing between the generals and the troops, the VIX and the Transports. Today sees minor divergences in momentum already in play.

 

Uranus (the planet of surprises turns direct on the 27th, the day after the full moon completes in Leo, normally a top). The 4 year cycle is working uncannily now on cue with the FED. 

 

The last time Pluto entered 0 Deg. Aquarius, was March 23rd, 2023 close to when we had some banking issues. We may easily see more of the same starting around Jan 26-29.

 

 

Bottom Line: a topping process is expected this week into Friday. Tops may also occur Wednesday and Friday in this kind of set-up, with intervening minor lows in between.

 

There are 3 gaps below, which beg to be filled. IF all remains as it looks, we could easily see a harder low on Feb 2 on the waning phase of last quarter of the moon in Scorpio into the ~ mid 4500's SPX. This would be a Gann 16+3 low from the 10 week low on Jan 5. Another even harder low would be expected in the late Feb or early March time period (2/28-29 or 3/1)pursuant to an even harder low ~ March 21-25.

 
   

 


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#5 blustar

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Posted 22 January 2024 - 10:34 AM

1/26 high. Spx 4900? Thanks

A try at 4900 is coming, IMO. Maybe Friday or not. If not, surely around Feb 16/21 I would think, even more.


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#6 blustar

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Posted 22 January 2024 - 10:35 AM

Worst set up for earnings we have in years.

They are sucking in the bulls, in order to crash the market, IMO.


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#7 q4wer

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Posted 22 January 2024 - 05:09 PM

Thanks blustar !    1/23, 1/24, 1/26 are top candidates.  lower into month end , and then  2/2 might be another high, maybe lower than compared to current week ,  2/7 is also a peer high with 2/2, 2/14 is a hard low.    This is my current analysis outcome.



#8 blustar

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Posted 23 January 2024 - 07:20 AM

Thanks blustar !    1/23, 1/24, 1/26 are top candidates.  lower into month end , and then  2/2 might be another high, maybe lower than compared to current week ,  2/7 is also a peer high with 2/2, 2/14 is a hard low.    This is my current analysis outcome.

THX for your input...


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#9 redfoliage2

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Posted 23 January 2024 - 10:02 AM

So far the market looks in consolidation after the breakout late last week.  It's possible if we see SPX 4900 before the week ends.................. 


Edited by redfoliage2, 23 January 2024 - 10:11 AM.


#10 GDA

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Posted 24 January 2024 - 03:57 AM

4900 is the upside weekly target







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