Nov 18 early AM Update: It looks as though the J/S low forecast today is occurring. Support is near 3112 SPX. The LEO moon goes into Tuesday where a solunar high is expected. Today may be a 4 TD low -1. Looking for 3125 this week before any meaningful top and dropping to near 3080 later this week still expected. Dec 3 is still key topping date above 3135 before a 6.8% pull back into Dec 11 to near 2921 (not 7-8 %as I incorrectly headlined).
The top looks to be on early Monday on the Leo moon/ Bradley turn. I'm expecting maybe 4 SPX points up on open then down to 3079/80 by Thursday into the Virgo moon nesting. A bigger down move from Dec 9-11 into the Gemini moon, wave b to c is in the offing! Dec 9 is a 27 CD-Jupiter/Saturn top!
Normally Dec 2 should be THE top, but there is a half day involved on Nov 29. Dec 3 is a big Bradley turn with two topping sextiles. Looks like a verbatim repeat of July 15 - Aug 5 and possibly forward into March.
Dec 11 is FED announcement day. No change expected. A bounce into the full moon on the 12th, reversed into Friday the 13th J/S low, big rally into the Leo moon 12/16; down into the Virgo moon on the 18th. 12/19,20,22 Bradleys top to low on the 23rd? Rally into year's end, big Bradley 12/30, topping, big drop on the 2nd of Jan to start the year?
The Bollinger Band is at exactly the same width as the July 12 date and closing. Negative astros this coming week include Mars > Scorpio 11/19 (the impeachment inquiry gets heavier?) and Mercury Sta/Direct also in Scorpio 11/20 (during inquiry, the attack on both sides gets heavy, nothing misunderstood?!) Sun 30 deg. Jupiter on Tuesday = topping energy. The moon will > into Virgo Tuesday and exit Thursday. The Sun > Sagittarius 1 min before 10:00 EST Friday so watch for a 4 TD top reversal like last cycle.
Nov 25 sees a low (morning star pattern?) as Venus enters Capricorn. Up into the new moon with the Sun in Sag. and Nep. in Pisces > Sta/Dir on the 27th, a top. A series of trines and sextiles through Dec 3 hinting at topping energy once more, one minor low in between Nov 27-Dec 2. Dec 2/3 as Jupiter > Capricorn: this aspect weighs heavy on the stock market, sobering news ahead implied. Impeachment trial announced for early 2020 on the 9th? Put option players may wish to pay attention!
SPX Daily Chart Below:
The PM's and the miners are due a rally into the week of the 7-8% stock market pull back, then a drop into Christmas. A rally into the end of March should fulfill a nice Y Wave top. A large drop into the week of the 10th-14th of August should full Wave Z of the larger B Wave.
Monthly GDX Chart Below:
Wave C into March of 2021 should be a huge rally. What causes this is anybody's guess, but with the 2020 Presidential election coming in November, we may have a huge sell-off in the stock market from Oct 2020 - March 2021 due to the fallout or a contesting of the election and maybe even, gulp, civil disobedience. I hope I'm wrong, I really do.
October 3, 2019 was the actual 9 month low from the late December 2018 low. It is due again around June-July 2020 and again around March 2021. If December 2019 copies the late July - early August sell-off as well as the aftermath rally, we should see a nice rally into March along with the PM sector.
In order for there to be a change in the above scenario in the stock market, we need to see something like the Oct 3, 2018 top occur in early December and then a hard drop into February 2020, where the next 20 week low is due. We shall see in the fullness of time.
I'm offering a two week trial for $50, offer good until Nov 24.
For those who e-mail me and tell me where they found this free forecast, I will give $200 off my normal annual rate of $695 for BluStar Silver.
Please follow this link: BluStar Market Timer