A study of full moons is intersteing but it tell su very little about what to expect at the next full moon.
Now most of us know the full moon effect on people, but the full moon has mostly had a lifting effect on stock trading, and thus we have seen many highs go by on the full moons. That tells us only one thing- look for highs at full moons. BUT NOT May 19th- for some reason the energy paterns leading into May 19th seem to have a dampenning effect on people, thus trading should be muted and prices should trend lower.
Im sure many will be surprised to see this week slipping away a little more each day culminating on a low on May 19th. Both Helge and Charts Edge seem to agree on that. I dont see any reason to doubt those 2 outlooks.
Jaywiz index =.29 on friday and confirms what solar energy & gravity effects indicate
Im sure many will be surprised to see continued weakness next week, and some technicians are looking for a reason to buy as everyday goes by.
Best Wishes
Jay
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