Trend P.I. Results & Update: There aren’t any major change in trend points for S&P500
Recap 10/14 - The S&P opened with a 20 handle gap up and then traded another 22 handles higher into a 9:39 AM high of the day. From that high the S&P declined 98 handles into a 10:44 AM low. From that low, the S&P rallied 31 handles into an 11:04 AM high. From that high, the S&P declined 65 handles into a 3:59 PM low of the day. From that low the S&P bounced 4 handles into the close.
10/14 – The major indices, following a good gap up opening, reversed and merciless declined for most of the day to finish with a huge down closes per the following: DJIA - 403.89, S&P 500 - 86.89 and the Nasdaq Comp. – 327.76.
Looking ahead – There aren’t any major change in trend points until 10/19. The next point of important degree is 10/18. Please see below.
The Now Index is in the NEUTRAL ZONE.
Coming Events:
(Stocks potentially respond to all events).
- A. 10/19 AC – Mars 0 North Latitude. Major change in trend Corn, Gold, OJ.
- 10/21 AC – Saturn in Aquarius turns Direct. Major change in trend Coffee, Copper.
- 10/24 AC – New Moon – Solar Eclipse in Scorpio. Major change in trend Financials, Grains, Precious Metals,
Cocoa, Hogs, T-Bonds.
- 10/27 AC – Jupiter Retro Leaves Aries and enters Pisces. Change in trend Coffee, Corn, C.I., Gold, Oats,
OJ, Oil, Sugar, Wheat.
- 10/28 AC – Uranus 45 US Venus. Moderate change in trend US Stocks, T-Bonds, US Dollar.
- 10/28 AC – Mars in Gemini turns Retrograde. Major change in trend Stocks.
Market Math –
10/18 = 287 (Music) days > 1/04/2022 MAJOR HIGH
10/20 = 289 (13^) days > 1/04/2022 MAJOR HIGH
Fibonacci – 10/18, 10/21, 10/24
Astro – 10/20, 10/24, 10/28 AC
Please see below the S&P 500 10 minute chart.
Support - 3490 Resistance – 3730
Please see below the S&P 500 Daily chart
Support - 3490 Resistance – 3730
Please see below the September Planetary Index charts with S&P 500 5 minute bars for results.
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