| From: humble1 | 5/3/2024 9:36:32 AM | | | | | | BIG Bullish AstroHit Confirmed: And so it was. Also note that Pluto (debt, interest rates, war/death, etc.) is now Retrograde (receding) !
Message 34653496
There could be a lot of good news on all fronts coming up for the USA. Also, Trump could be ready to implode. |
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| To: northam who wrote (39964) | 5/3/2024 7:32:38 PM | | From: northam | | | | SPX Cycles Long Range Projection Chart. Today the Weekly confirmed a new Bull Cycle (W-S-2) projected high 5353.73, the high is due 5/10/24. However, today at the close the Weekly is currently in W-S-1 (Weekly Short Bear Cycle) territory. So it's possible the Weekly could open Monday in an UNCONFIRMED W-S-1. For the W-S-1 to be confirmed the SPX will have to open Monday below the Weekly UTL (currently at 5137.13 and remain below the UTL until the close on Friday. If the W-S-1 is confirmed at the close on 5/10/24, the projected low will be 4852.34, the low will be due 5/10/24. However, with the 60 min 60-SC-2 (60 min Bull Super Cycle) extremely overdue with a projected high of 5182.27, I doubt the W-S-1 gets confirmed next week.
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| From: humble1 | 5/6/2024 5:57:03 AM | | | | | | WTI Crude steady below $79 (down ~10% from the high earlier this year ), last week QT was reduced from $60 billion/mo to $25 billion/mo, and the 10 year UST drifting below 4.5% after a soft-landing inflation-friendly jobs report. Sentiment is still in Fear or just blah.
The RSI and the MACD are as ready as you will ever see them for a sustained rally and a blast above the 50 dma’s looks imminent.
Message 34252966
Sounds like a really bullish environment. Both t/a and fundamentals. |
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| From: humble1 | 5/7/2024 8:34:57 AM | | | | | | Oil and yields slightly lower this morning. I like the trend. Earnings good. Could be an another bullish day.
I have 9/2/24 on my watch list. We will see if a market pattern develops into this date. My hope is a tradable high. Would have to see a Price Confirmation. Say SPX 6200, more or less. |
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