April 16th is definitely an important date, AND I really think it will be a low
Using astro and cycles heres why
1; its an 8 day low following the last 8 day cycle which was a high
on Friday, Apr 3rd with Monday 6th as turn thus making the 17th as the 8 day TURN
2. astro readings
call for a stressful & practical day
17th call is for $$ gets positive
3. 4 & 8 day cycles
248 from Apr14th, 2008, a low
116 from Oct 27th, a low
60 from Jan 20th, a low
the above are divisible by 4 & or 8
4. 110 NOV 4th, 2008, , a High - not Oct 4th
165 = 110 + 55 = Aug15th a high
70 Jan 5th, a high
55 day progressions are not ALL high to high or low to low
they can be mixed
_______________________________________
FROM there the rally should resume to DOW 9000 and spx 900 by months end.
More Later
Jay
10 comments:
Jay--do have any downside targets ?? 850---790---??
Jay--do have any downside targets ?? 850---790---??
Had early May as Important but now am seeing something important around 4/27. 4/27 Doesn't fit right now as an important high, maybe a double top or IT top in early May?
Perplexing right now, another week should clear.
Cal
Carl Swenlin in Decision Point wrote that with the recent 20/50 day MA crossing, a buy signal has been confirmed.
BTW, Carl is #2-3 per the Timer Digest over the last 3, 5, 10 years.
He is sometimes off a couple of days, but his trcj record is good.
10 Day MA -
One of my friends told me that the last couple of down cycles have been stopping at the 10 day MA.
We'll see what happens next week.
Steve
my guesstimate for support would be between 810 - 815 spx.
alvin
A retest of the trendline we broke out of would make sense and i saw buying at the 825 area and 818 as well. 825 would test the 20 ema so the up trend would still be intact.
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=0&i=p74932055033&a=162778891&r=616
you might be able to cut and paste that to see my chart
Astro8
yes I read the chart and Yes I think we are still in an uptrend to mid day & spx 867
Jay
MIS TYPED
MID May-2009 high
not mid day
Thanks Guys also posts are greatly appreciated,
Happy Easter
Pauline
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