We have a w-x-y inverted bearish flat developing with two targets possible today: 6637 and 6652. The first one is more likely than the last one, at least early on, but sometimes w-x-y waves run w-x-y [a] then [b] then [c] and could top later today.
The wave count is a-b-c "a" of A of {A} down and now a-b-c "b" today.
Next week, I expect hard down action into Oct 1 to complete wave A of {A}. Oct 2 - B up then C into the Oct 6 full moon to complete {A}. My downside target is 5578 SPX for just Wave A!
We are in process of breaking a giant Rising Wedge formation and have already broken a smaller one on the recent rally into Sept 22.
Sept 30th is what looks like the beginning of the panic.
With the recent astros of Venus sq. Uranus, the solar eclipse, the Sun opposition to Saturn/Neptune, the Sun trine Uranus/Pluto and the Mars square to Pluto we may expect some kind of a black swan event likely around Sept 30th. The set up is akin to the COVID crash of Feb-Mar 2020.
Hegseth has called in his generals and admirals to the Pentagon on Sept 30th and Netanyahu is due to visit on the 29th. There is a potential shutdown of our government on Oct 1.
Venus sq. Uranus is a harbinger of coming currency swings (China?). Saturn and Neptune continue the theme of civil disturbances. The Sun trine to Uranus and Pluto continue to point to the New American Revolution, and also problems with the overvaluation of the tech sector, over speculation and record margin debt!
The stock market today is the most
overvalued in history on many levels.
Mars sq. Pluto was last seen on Oct 8, 2023 near the Oct 7 supposed attack on Israel (which I believe was a 9-11 type false flag event) so it is very warlike.
The market is now ripe for an implosion. It would not surprise me to see SPX around 4400 by Oct 21!
Edited by blustar, 26 September 2025 - 08:42 AM.