Yesterday, the futures dropped to the 5916 SPX level and then rebounded today, which is what I expected. It is currently up 20 pts near 6000. Technically, the stock market is deteriorating and in my opinion needs to be shorted. There is a 5 TD low due Monday on what should be a big drop. I have a TLC buy low due today and we are seeing a minor reset bounce.
Here are the astros going into Monday:
Jun 21, 2025 4:00 AM Mercury 22 Cancer 12 trine True Node 22 Pisces 12
Jun 22, 2025 2:16 AM Venus 16 Taurus 34 semi-square Saturn 1 Aries 34
Jun 22, 2025 6:32 AM Mars 2 Virgo 51 sextile Jupiter 2 Cancer 51
Jun 22, 2025 2:35 PM Sun 1 Cancer 35 square Saturn 1 Aries 35
Jun 22, 2025 3:01 PM Venus 17 Taurus 08 semi-square Neptune 2 Aries 08
Jun 23, 2025 12:59 AM Mars 3 Virgo 18 quincunx Pluto 3 Aquarius 18
Jun 23, 2025 4:29 AM Sun 2 Cancer 09 square Neptune 2 Aries 09
The Mars sextile to Jupiter and the Venus semi-squares to Saturn/Neptune - Sun squares to Saturn/Neptune are of concern to me.
We are coming off the Mars/Uranus square and the Jupiter squares to Saturn and Neptune.
The next move is the terminus of the [a] wave on Monday (likely below or around 5800), the [b] wave on Wednesday's new moon and the hard [c] into June 30th, which follows a 12 week cycle from April and surrounds around Israel/Iran and Trump.
Saturn and Neptune are nearly conjunct @ 1-2 degrees Aries & it is very much a tension, warlike theme here. They are running the shorts and VIX players here, IMO, so they can drop it.
Bottom line: I am shorting this early rally for a hard drop into Monday. Yesterday's low was 5916 SPX, so we may visit that area today and then gap down hard Monday.
Edited by blustar, 20 June 2025 - 08:08 AM.