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[blustar]

The current b Wave of Z should rally into Wed/Thursday. IF Thursday, expect the low to hit March 18. Based on the 4 year cycle, we should tag the lower daily B Band near 4946 SPX (4980's minimum) or about a 4% drop from Friday's engulfing top. Yesterday was a 4 TD low; the next one is due Friday this week or Monday next week (+1). As I said yesterday, this is still a buy the dips market!

[blustar]

The TLC low I saw may be today on a 4-1 TD low. OPEX is normally bullish. The next 3 TD low could easily be Tuesday next week & a 103 TD low (20 week). There is gap near 4981 SPX that begs to be covered. Meanwhile, the SPX 5220's could be coming Friday. A strong rally into March 22/25 looks likely.

[blustar]

The NDX is making an x-y-z B wave while the SPX is making an a-b-c Y Wave slightly above 5189 expected. Next comes C and Z likely starting Monday March 18 and ending on the lunar eclipse March 25, down in a-b-c fashion.  SPX should take out the big gap up near 4981 and could go as low as 4946. A large rally should then take us much higher into April 3/4 where the VIX has a major cycle low due.

 

I don't see much today on the upside coming off the low at SPX 5108. Today was the exact TLC & 4/8 TD low. Sunday sports the first quarter moon plus the Sun conj. Neptune in Pisces. FOMO is still on the table, but this aspect is a high level turning point. Venus conjunct Saturn & the Sun Sextile Pluto/moon in Leo on Thursday should tag the "b" wave top with "c" into Monday's lunar eclipse in Libra, day 53+48 from the 20 week low in October (101 TD's).

[blustar]

Due to the NDX weakness, we may have yet another down day on Monday. The alternating Gann 8 TD cycles have shifted from sub-dominate to dominate. Tomorrow is an 8+1 TD low & the SPX could tag near 5077. A strong three day rally is due into Thursday (8+1 TD top) with the Sun sextile Pluto and Venus conj. Saturn with the moon in Leo.

 

The larger 16 TD cycles suggest an 8+3/9+6 complex (16-1) TD addition coming in for a major 20 week low on the 26th of March. Charlie agrees. Meanwhile a charge toward or around 5200 SPX looks to be in the cards by Thursday and then a drop of some 220/260 points by the 26th.

 

The NDX may easily diverge this week as they are shooting the generals. We have been in wave "z" of X since March 8th with an irr. 'y' top expected on the SPX this Thursday.

 

Bottom line: We are hitting downside resistance with the waxing phase of the moon and the Sun conj. Neptune today (tomorrow). Multiple and complex negative divergences should show up on the expected Thursday peak, taking the SPX down into the 10/20 week low by ~ the 26th.

 

A strong rally into early/mid April looks likely, which should culminate with THE expected peak in the stock market right before the next major bear arrives.

 

 

 

 

[blustar]

The Dow Transports/Banking Index are making more new lows today, but the tech heavy indexes like the NDX and SPX are screaming up on the expected "c" wave of [y] of Z. Friday was a strong TLC 4/8 TD low on the SPX. The timing on the wave structure suggests follow thru into Tuesday to slightly new highs. The NDX will not make new highs. 

 

The last hard Venus/Saturn aspect was Jan 1 (Jan 2) and the market topped two days before and dropped three more days, for a total 5 TD drop into the 10 week low. The next hard Venus/Saturn aspect is due Thursday this week. A Tuesday to Tuesday drop is now expected. The Sun/Pluto sextile is late Thursday and hints at a 'b' wave of [z] of Z of {X} on the SPX Friday, with 'c' of [z] of Z due Friday into Tuesday next week, 'a' being Thursday.

 

The intermarket bearish divergences are increasing as the technicals continue to deteriorate. The VIX is also continuing to positively diverge, which is a big negative for the market as we head into the 10/20 week low next week.

 

Bottom line: this looks like one final charge from the generals, but the troops ain't following. The SPX may be pretty much alone in this charge. Caveat Emptor! THE top is not in yet, for sure, but this becomes the shot across the bow, IMO.

 

[blustar]

Today they are shooting the generals and the troops are advancing. The SPX cycle changed due to the sub-dominant low of the NDX becoming the dominant low on Feb 21, so in effect this new wave/cycle rules.

 

The NDX has broken below a rising wedge, but the troops have not followed (that will come). There is an 8 TD top due tomorrow so I expect yet another move higher "all day tomorrow" (with some possible early weakness) /a-b-c 'y' of B of Z/ on the NDX. The new irregular 8 TD low due next week on the 27th (Charlie low March 26/27) matches the 7 TD difference (+ 1 TD) for the bifurcated 10 week lows in January.

 

The astro aspects (Venus conj. Saturn and the Sun sextile Pluto) on the 21st comes after the stock market closes, suggesting an irregular top yet again early Friday which follows a 10 TD top on the SPX. A powerful down move looks to occur next week 'z' of "z" of Z of (X) on the SPX to the aforementioned 4946/81 zone.

 

Bottom Line: I expect a mild pull back on Thursday to set the 4 TD low and then higher into Friday to set the final top on the SPX and other indexes, but not the NDX et al. The SPX should go through 5200 this week with a bang!