Stock Market Near A Low

Posted: under Predictions, Stocks.

Most EW wave counts have the stock market near the end of wave 3 of 3 of 5 of the entire bear market so far, and we can expect a wave 4 of 5 rally higher soon of similar magnitude to wave 2 of 5 which lasted 14 trading days and was a significant 9% rally from the 804 low.
Spirals (first two charts) favor a low in the middle of the week, Tuesday 10th through Thursday 12th, with Wednesday’s close being the hotspot for a possible low.
There is something about the decline from the Feb 9th high that doesn’t yet count well as 1-2-3 of an impulse. Wave 3 so far is shorter than wave 1, and there a a reasonable chance that we are actually looking at a series of 1-2s implying we may get a mini-crash early next week.
There is also a tidal extreme on March 11th which according to the Taylor gravity methodology should mark a low (last chart). To read that chart, each row of squares is a day, with each square representing 30 minutes. So time moves forward from left to right during any particular day, and from top to bottom as days pass – a bit like a TV set line scan pattern or text in a (western-style) book.
The brown troughs are the low tides, and the pale blues are the high tides. Stock market lows are marked by the highest highs (palest blues) and stock market highs by the highest lows (palest browns).
I have outlined the March 11th, 2009 highest high tide with a red box. If the market declines further next week, and is at or near a low into Wednesday’s close, that would be a perfect time to cover any shorts according to the tidal/gravity model.

Update 3/8/09: This 3/11 low date also agrees with the unlabeled low in early March in Chris Carolan’s Solunar model – see the chart on his blog post at Pay Attention Or Pay The Offer.
Short/Medium Term Spirals For S&P 500, March 11th, 2009 - Click To Enlarge

Short/Medium Term Spirals For S&P500, March 11th, 2009 – Click Chart To Enlarge

Medium/Long Term Spirals For S&P 500, March 11th, 2009 - Click To Enlarge

Medium/Long Term Spirals For S&P 500, March 11th, 2009 – Click Chart To Enlarge

March 11th, 2009 Highest High Tide - Click To Enlarge

March 11th, 2009 Highest High Tide – Click Chart To Enlarge

Comments (3) Mar 07 2009

Gold Spirals Align This Weekend 3/7/09

Posted: under Commodities, Predictions.
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Gold (GLD) has a lot of spiral alignments with this weekend including exact hits on the all time high last March (f12) and last October’s low (f8). This suggests a minor top may be in and the downward correction will resume early next week. Many people including me are expecting some sort of low in stocks next week, and this would correlate with a lower fear premium in gold.
Short/Medium Term Spirals For GLD, March 7th, 2009 - Click To Enlarge

Short/Medium Term Spirals For GLD, March 7th, 2009 – Click Chart To Enlarge

Medium/Long Term Spirals For GLD, March 7th, 2009 - Click To Enlarge

Medium/Long Term Spirals For GLD, March 7th, 2009 – Click Chart To Enlarge

Comments (1) Mar 07 2009