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Wednesday, May 4, 2022

Panic Selling Ahead?

The wave counts and technicals are becoming increasingly bearish on the S&P 500. There are also many nasty astros this month of May including the Sun conj. Uranus tonight (5/5), Jupiter > Aries and Mercury Rx in Gemini on the Bradley turn May 10/11, the Sun Square Saturn and major Bradley 5/14-15 (completing a T-Square to the Saturn/Uranus square), the next lunar eclipse that same weekend, Mars conj. Neptune early on May 18, a Major Geo Bradley on the 20th combined with the Sun conj. Mercury on the 21st. Mars conj. Jupiter in Aries at the end of the month.

I have a TLC low due May 6th and 23rd.

This is looking more and more like the COVID crash, but more war like. A panic wave is due into May 6th which could be FED related, at least partially, but the signatures of war this month are hard to ignore.

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