SP500 Update Nov 20th

Monday is a very important day for the markets. As can be seen on the following chart the SP500 is back to a support line starting in March then July.

This is also either the 3rd week of a new Primary cycle or the 20th week in an older one. This is very important since if we are in the 3rd week of a new primary we can expect higher highs, that is higher than the late November highs. If we are in the 20th week of an older Primary we can expect the early November lows to be broken.

Please note the markets have made lows in early Sept / Oct / Nov, so an early Dec low is quite possible. If we are looking for that low, maybe the narkets go up next week setting up that low.

Monday has some critical Astros. The Venus Jupiter sqaure is almost exact to the Marcr/Neptune midpoint. This midpoint has a history of broad range days and quick reversals. Monday also has Sun in Sagittarius and the Moon in Aquarius which is a signature for a sharp move. Will it be a reversal up or down. Don't know at this point but it may be a deciding move to tell us if we are in a new or older Primary cycle which is very important.



Watch the following support levels. If we close below then it is bearish.
DJIA 10236.79
SP500 1080.90
Gold 1129.53 cash
Silver 17.73 cash
Oil 76.08 cash

Watch the following resistance. A close above then it is bullish.
DJIA 10418.85
SP500 1107.78
Gold 1163.43 cash
Silver 19.11 cash
Oil 79.63 cash

The pennies are really not that useful but it appears very accurate with them :)