We have been carving out an accumulation pattern this week in the stock market. The Y Wave of (X) started out on Thursday last week with [w] of Y on Friday, and an irregular [x] of Y on Wednesday and then another irregular "w-x" low today with the third of a third blow-off top "y" into the 16 TD top due early Monday. Today sported a 4 hour and below major POS D (we may have seen yet another E-Wave subdivision called 'x' which leads to 'y' of "y" of [y] of Y, a third of a third of third of a third! = blow off top!!!!).
This is a classic short covering rally coming and it should start today and follow through into early Monday with a move above 5300 SPX expected (5306/08?). Two FED members speak at 2:30 EDT, exactly 16 Gann TD's ago from when Powell started his speech on March 20th. Interesting....
Also, WED next week has the moon in Leo (the expected crash low at 17-15 16+6 low at 115/116 TD's max and 54 TD's from the Feb 21, 2024 4946 SPX low), and that rhymes with the August 21, 2017 eclipse low, which moon was also in Leo (judgment on America?). Sunday is the mid point of Mercury Rx in Aries and it conjuncts Chiron the "wounded healer" mid session Monday, which is also an important turning point (the next one being April 25, a Charlie low).
Monday night, the Cancer moon enters into its first quarter phase by entering Leo. Last night, the Sun conjoined Mercury Rx, which means a low nearby. Leo = judgment here, as it is normally bullish, especially in light of the 2017/24 cross on this country. Leo is the sign connected to Judah and Yeshua, the Messiah. Everything is warlike and aggressive right now with Aries the Ram. With Mercury Rx, it is normal to have wild and crazy swings in the markets. Normally one should take profits often, especially into the mid point (Sunday/Monday).
I think the FED is manipulating things up so they can crash it, and help create war fear next week into Wednesday: something they will start doing in earnest after Pluto Rx on May 2 into late May and even into early June, the day before the new moon. You can bet on it!