The Next Low

A number of people have Nov 14-16 as the next low after a minor pullback. I'm looking at Nov 18. This is close to the Sun square Neptune on Nov 20 and the end of the Neptune direct cycle I have discussed in a previous post.

Following is an hourly chart of SPY showing a fib grid starting at the Oct 4th low. The next fib 89 hits on Nov 18 +- 1 td.

















This would be a pullback low for the 1st major cycle of the primary cycle that started on Oct 4th. Tentatively I would be looking at a bounce into the Solar eclipse on Nov 25 and then possibly more down.

And remember;

"It's a poor sort of memory that only works backwards"
-- Lewis Carroll, The White Queen, Through the Looking-Glass