Spiral Calendar Stock Charts For September 24th, 2010

Posted: under Commodities, Forex, Predictions, Stocks.
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The various September turn signals that have been shown on this site have all proved premature so far, although looking back just prior to the April 26th high we see some similar signals. We anticipate the next turn lower will be one worth waiting for.

I am starting with a chart of UUP showing the weakness in the US Dollar that is a key to many markets. A turn in the US Dollar will likely coincide with turns in many other markets. The short term spirals drawn from the August low and high respectively align with next Tuesday 9/28/2010 as a likely short term (and maybe longer term) turn date.

Stock markets – Dow, S&P 500 and Nasdaq-100 – all have potential turn dates late next week, as does Gold.
Note the spiral calendar grid for the Gold chart runs backwards from today 9/24/2010, and shows plenty of alignments a few days before past highs and lows. This coincides with a likely turn date around October 1st, 2010 – Friday next week.

I recommend clicking on each chart to see the enlarged version as browsers tend to do awful things to shrunken images, such as remove price bars entirely.

UUP – US Dollar

Spiral Calendar Turn Dates Chart For UUP - US Dollar for September 24th, 2010

Spiral Calendar Turn Dates Chart For UUP – US Dollar for September 24th, 2010 – click to enlarge

Dow

Spiral Calendar Turn Dates Chart For DJIA for September 24th, 2010

Spiral Calendar Turn Dates Chart For Dow Jones Industrial Average for September 24th, 2010 – click to enlarge

S&P 500

Spiral Calendar Turn Dates Chart For S&P 500 for September 24th, 2010

Spiral Calendar Turn Dates Chart For S&P 500 for September 24th, 2010 – click to enlarge

Nasdaq-100

Update 9/18/2010: the original ^NDX chart linked to the previous week’s enlarged version – this has been corrected.

Spiral Calendar Turn Dates Chart For Nasdaq-100 for September 24th, 2010

Spiral Calendar Turn Dates Chart For Nasdaq-100 for September 24th, 2010 – click to enlarge

Gold – GLD

Spiral Calendar Turn Dates Chart For Gold (GLD) for September 24th, 2010

Spiral Calendar Turn Dates Chart For Gold (GLD) for September 24th, 2010 – click to enlarge

New visitors: please see this post for a brief explanation of the spiral calendar.

Comments (0) Sep 24 2010

Spiral Calendar Perspective On The US Dollar (UUP)

Posted: under Forex, Past Market Analysis.

US Dollar – UUP – Spiral Calendar Alignments Since Last November’s Low

The first US Dollar/UUP chart shows two forward-running spiral calendar grids from the November 25th, 2009 low (blue lines) and the subsequent low on January 14, 2010 (red lines). The blue spirals mostly align within one day with lows during the ascent to the top (blue F1, F5, F7, F8, F9) while blue F4 and F6 align with highs. Blue F10 aligns with a low after the top and F11 is imminent early next week. The red spiral grid originating on January 14th 2010 aligns with highs (red F1, F3, F4, F5, and F10) and lows (red F6, F7, F8 and F9).

Spiral Calendar alignments for US Dollar/UUP From 11/25/2009 and 1/14/2010

Spiral Calendar alignments for US Dollar/UUP From 11/25/2009 and 1/14/2010 – click to enlarge

US Dollar – UUP – Recent Spiral Calendar Alignments

An adjacent high and low later in the ascent are a good pair to study more recent spiral alignments. The blue grid originating on the March 25th, 2010 high aligns with each high in the ascent to the top (blue F1, F3, & F4) and the lows immediately before and after the June 7th, 2010 top (blue F5, F6) while blue F7 marks a high on the descent and blue F8 is within two days of the lowest point since the June 7th top on August 6th. The red grid drawn from the April 14th low aligns with highs including the June 7th top (red F1, F3, F4), and also with highs and lows after the top (red F5, F6, F7, F8) although the latter are less precise and significant.

The overall spiral predictions for the next 10 trading days contain two potential turn dates, the first, potentially a low given the Elliott Wave expectation for a wave 2 or a of 2 low, on Tuesday or Wednesday next week and the subsequent one late the following week.

Spiral Calendar Alignments For US Dollar (UUP) Forward From March 25th and April 14th, 2010

Spiral Calendar Alignments For US Dollar (UUP) Forward From March 25th and April 14th, 2010 – click to enlarge

UPDATE – US Dollar – UUP – Triangulating The June 2010 Top

Here is another chart that shows two sets of spirals aligned with the June 7th, 2010 top. The blue grid originating on the November 5th, 2008 low immediately after the late October 2008 top is exactly F14 with the June 7th 2010 top. It also picks out several lows (blue F3, F4, F7, F8) and highs (blue F1, F5, F6, F10, F11, F13). The red grid originating on the March 9th, 2009 top is exactly F13 with the June 7th 2010 top. It also picks out several lows (red F6, F8, F10) and highs (red F1, F3, F4, F5, F12, F13).

Spiral Calendar Alignments For US Dollar (UUP) Forward From November 5th 2008 and March 9th, 2009

Spiral Calendar Alignments For US Dollar (UUP) Forward From November 5th 2008 and March 9th, 2009 – click to enlarge

Comments (0) Sep 04 2010