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[blustar]

This means that the DJI and DJT are likely to do the opposite of last week and make new lows, while the NDX and SPX create a BIG POS D. The SPX 5105/06 level may be tested in the first 30 minutes, then by close to day's end, the SPX may test the 4069/70 level!

[blustar]

I was wrong about today. A new low by Tuesday on the Capricorn moon, maybe 4924... I was following 9's instead of 7's on Gann Cycle TD's, Average is an octave or 8). I think a big gap down is coming Tuesday.

[blustar]

Today is an irregular 16+9 TD top. The next top, Wave Y of (X,) is due 8 TD's from today on May 8th, one day past the new moon (new high). If we look back 20 TD's ago at end of March, we saw a gap down Tuesday. So we have a 4 + 3 TD low from Friday (I should have been counting the 7's not the 9's on the TD lows) coming on the late Capricorn moon, just like April 2 when the market gaped down hard.  We have Mars conj. Neptune early on Monday then on Tuesday we are entering Mars > Aries, very warlike! Venus enters into Taurus Monday after the Mars conjunction.

 

 

We are making a W-X-Y [Y] Wave and X subdivides a bullish x-y-z. There could even be an attempt at the NDX to make yet a double irr. top early Monday, that is "y" of y of X.

 

Venus is moving into the money sign of Taurus Monday, which is bullish, but we are still contending with the close by Jupiter/Uranus conj. in Taurus, too (surprises both up and down). We are also still in the shadow (influence) of Mercury Rx by only a few days and of course Mars > Aries. Target on down side Tuesday is 4931 SPX. Wednesday has Venus sq. Pluto, so debt could also be the reason for this drop. I don't see a final top until May 24!

[blustar]

The SPX is forming another distribution top with a move into early Monday expected around the mid 5120's to finish [y] of X and then comes [z] into early Tuesday to as low as 4926. It looks like about a 200 point drop coming into a gap down low early Tuesday.

 

New data from my software program, Charlie, suggests a low April 30/May 1, a top on May 24, a final low around June 27/28. There is some king of low around June 12/13. These I had already figured out except the ~May 1 low. Charlie hit the April 25 low BINGO!

[blustar]

Charlie is looking for a low on May 1 +/- 2 TD's. An ideal top is due on the open Tuesday, the 4 TD top (no later than on the open Wednesday @ +1). This Y wave is highly irregular. Wave [w] was 5 TD's long and finished on WED late week. We are now tracing out an x-y-z [x] wave that should take us to new lows by no later than Friday this week, which would be an 8+2 low

 

Venus > enters Taurus today as Mars conjoins Neptune, followed by Mars > Aries tomorrow, then Venus sq.'s Pluto (debt, downgrades, depression, disease) right at the waning moon at Aquarius on early Wednesday. Thursday sees Pluto > Rx and early Friday Mars in Aries sextiles Pluto Rx.

 

Lows following a FED decision usually come on the Friday following. We'll see.

[blustar]

I am getting sell signals all the way to the hourly. Usually, in uptrends, the markets tends to test those sell signals. The daily MACD has given a cross over buy signal, but often times these end up being sell signals.

 

Ideally, a move above or near SPX 5123 should occur soon. One more report coming out at 10:00 EDT. A gap down should occur early tomorrow to complete "a" of [z] of X of (Y).

 

The BIG Kahuna should occur Friday "b" to Monday "c" of [z] and should take us to new lows into the 4930's SPX. This should set up a nice POS D that takes us to new highs by the 13th of May!