Sunday, May 16, 2010
Week Of May 17, 2010 Oh Oh
Although we were looking at late July / early August 2010 as being the focus of a stock market crash the coming week or possibly the week after have the potential for that crash to either start now or be a prelude to what is coming in the above noted period. It should be noted that many analysts have gone bearish with some expecting a large down move. Whenever everyone is expecting the same thing it won't happen.
Thursday, May 6, 2010
May 6, 2010
Well we were looking for a pull back, but somewhat surprised by it's intensity.
Our short term outlook is as follows.
Stocks rebound somewhere between May 7 and May 11th and continue up until somewhere bewteen May 17-19 then down into June 6-10th. Markets should rally for a few weeks after that but major problems are on the horizon somewhere bewteen late July and the Fall 2010.
Gold should reverse either May 10-12 or May 17-21 with emphasis on the former. If Gold reverses in the May 10-12th time frame it could be sharp and severe. After that we are looking at October 2010 for Gold.
Chart added May 8, 2010. The red lines are 60 cd's. Heliocentric Mercury is still in Sagitarius, however, Geocentric Mercury turns direct on the evening of May 11th.
Oil should reverse either around May 7th or May 17-21 after which it should rally into July 2010.
Charts added May 8, 2010
The 16 and 24 week cycles hit in early May.
The 120cd cycle hits this week.
Remember all dates are subject to change as time progresses and are all +- a few.
This is simply the current roadmap for planning trades. Without a roadmap any road will do.
Our short term outlook is as follows.
Stocks rebound somewhere between May 7 and May 11th and continue up until somewhere bewteen May 17-19 then down into June 6-10th. Markets should rally for a few weeks after that but major problems are on the horizon somewhere bewteen late July and the Fall 2010.
Gold should reverse either May 10-12 or May 17-21 with emphasis on the former. If Gold reverses in the May 10-12th time frame it could be sharp and severe. After that we are looking at October 2010 for Gold.
Chart added May 8, 2010. The red lines are 60 cd's. Heliocentric Mercury is still in Sagitarius, however, Geocentric Mercury turns direct on the evening of May 11th.
Oil should reverse either around May 7th or May 17-21 after which it should rally into July 2010.
Charts added May 8, 2010
The 16 and 24 week cycles hit in early May.
The 120cd cycle hits this week.
Remember all dates are subject to change as time progresses and are all +- a few.
This is simply the current roadmap for planning trades. Without a roadmap any road will do.
Sunday, May 2, 2010
May 3, 2010 Open
The first chart is a 60 minute chart of SPY showing the strong rise out of the Feb,5 2010 lows. It also shows we have been grinding sideways with an attempt on April 26th to break up which failed. This is the type of action often seen at tops and we are looking for a top in this timeframe, that is a top for the primary cycle which started on Feb 5th.
The second chart is a 5 minute picture showing the large red volume bars which depict large volume selling. Note the end of the day on April 28th. It should be an interesting open on May 3rd with the potential for a gap down. We say potential as the PPT (plunge protection team) will be watching this closely as well. If there is large volume buying early Monday we will be adding to shorts.
Astro wise there is some very negative energy Monday and Tuesday. May 5th, Wednesday has heliocentric Mercury going into Sagitarius which usually results in moves in precious metals and currencies. This is usually positive for precious metals but that will depend on where PM's are at the start of Wednesday. As we write this PM's have already made a strong move and a pull-back would seem to make sense.
If Gold is still going up around the Mercury Direct date of May 11th then look to sell. If by any chance it is still going up on May 14th sell as Heliocentric Mercury will be moving out of Sagittarius to Capricorn on May 16th.
The second chart is a 5 minute picture showing the large red volume bars which depict large volume selling. Note the end of the day on April 28th. It should be an interesting open on May 3rd with the potential for a gap down. We say potential as the PPT (plunge protection team) will be watching this closely as well. If there is large volume buying early Monday we will be adding to shorts.
Astro wise there is some very negative energy Monday and Tuesday. May 5th, Wednesday has heliocentric Mercury going into Sagitarius which usually results in moves in precious metals and currencies. This is usually positive for precious metals but that will depend on where PM's are at the start of Wednesday. As we write this PM's have already made a strong move and a pull-back would seem to make sense.
If Gold is still going up around the Mercury Direct date of May 11th then look to sell. If by any chance it is still going up on May 14th sell as Heliocentric Mercury will be moving out of Sagittarius to Capricorn on May 16th.
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