Full/New moons can occasionally signal turns in almost all markets. For stocks, new moons tend to signal tops. Full moons tend to signal bottoms. Lunar cycle signals appear more frequently when markets are in a multi-month sideway movements. Far fewer signals appear when markets are in steady up or down trends. The daily S&P 500Continue reading “Lunar Cycles – 2021”
Category Archives: Time
Breakthrough 06-10-21
On 05/07/21 the S&P 500 (SPX) made an all-time high which held for 33 calendar days. Today – day 34 and a New moon the SPX broke through the resistance at SPX 4238.04. The SPX 30-minute chart courtesy of Trading View illustrates the action since late April. After the breakthrough, the SPX rallied for aboutContinue reading “Breakthrough 06-10-21”
Stock Bulls are Running Out of Time
Today 04/14/21 two of the three main US stock indices, S&P 500 (SPX) and the Dow Jones Industrial Average (DJI) made new all-time highs. This is a bullish “Rule of the majority” signal. Additionally, the VIX indicator made a new low in its decline from its high made in March 2020. These factors are atContinue reading “Stock Bulls are Running Out of Time”
Market Resting Time
On 04/09/21 the S&P 500 (SPX) achieved a gain of 88.4% from the 03/23/20 bottom, this is one of the farthest and fastest gains in US stock market history. In 1999 the Nasdaq Composite had a faster and larger move; however, this was primarily because of concentrated buying in the technology sector. You have toContinue reading “Market Resting Time”
Major Stock Market Top Could be in Place
Today 03/31/21 was the end of the quarter. Sometimes the end of a quarter can be a point at which a trend changes. If the trend has been up during the quarter, fund managers would likely want to hold profitable positions. The best performance figures could be recorded on the final day of the quarter. Continue reading “Major Stock Market Top Could be in Place”
Potential Lunar Cycle Turn
Sometimes markets can have turns on solar anniversaries such the bull markets for the Dow Jones Industrial Average (DJI) and S&P 500 (SPX) which began on 10/10/02 and ended on 10/11/07. Other times lunar anniversaries can signal a change in market direction. The new moon on 03/13/21 could mark a significant top for the USContinue reading “Potential Lunar Cycle Turn”
Potential Fibonacci Ratio Time Forecast
There are various techniques used for Fibonacci time analysis that are grouped into two categories, Fibonacci sequence, and Fibonacci ratio. The Fibonacci sequence is as follows (1,1,2,3,5,8,13,21,34,55,89,144 – – – to infinity). An example of this method can be seen in my 08/22/20 blog “Forecast – Bull Market Termination Date -2021” The other method involvesContinue reading “Potential Fibonacci Ratio Time Forecast”
Dow Jones Industrial Average – 55 – Year Anniversary
On February 9, 1966, the Dow Jones Industrial Average (DJI) reached the climax of a mega 34- year bull market. The peak at DJI 1,000 was not decisively broken for 16- years. Toady February 9, 2021 the DJI made another new all-time high of the secular bull market that began in March 2009. Significant topsContinue reading “Dow Jones Industrial Average – 55 – Year Anniversary”
Analogy Between S&P 500 in 2010 and 2021
The actions of the S&P 500 (SPX) in early 2010 could provide a road map for January to February 2021. The current SPX bull move began in March 2020 which corresponds with the March low in 2009, the rally off that major bottom was powerful and had two peaks, January, and April 2010. The dailyContinue reading “Analogy Between S&P 500 in 2010 and 2021”
Gold Update – January 2021
Posts on this site forecasted a possible precious metals buying opportunity in late December 2020. Gold in particular had a bullseye date for a potential turn on 12/29/20. It was noted that if the precious metals were declining into this date it could have been a significant bottom. The daily Gold chart courtesy of TradingContinue reading “Gold Update – January 2021”