Weekly Spiral Calendar Stock Charts For August 13th, 2010

Posted: under Predictions, Stocks.

Turns out the high for minor wave 2 was on Monday August 9th, 2010 in all three of the indices we chart here. This was one trading day after the August 6th date predicted for a turn in our August monthly spiraldates score chart. The next spiral cluster according to that chart is on August 26th/27th. Closer in there are green turn dates shown on the charts below for Monday August 16th on the Nasdaq-100, but not until Friday August 20th for The DJIA and S&P 500. However if the decline is as sharp as expected, it may not be a good idea to try to pick a low for the initial move down. In my opinion it makes more sense to stay short during any initial wobbles in minor wave 3 down.

I have plotted charts at a smaller scale this week to highlight the next 10 days, and also to show a spiral calendar grid aligned running forwards from the April 26th, 2010 high. There are several alignments for f1, f3, f4, f5, f6 and a near alignment with the August 9th high for f7. F8 from April 26th high will fall on September 8th, 2010.

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.

Dow

Spiral Calendar Turn Dates Chart For DJIA for August 13th, 2010

Spiral Calendar Turn Dates Chart For Dow Jones Industrial Average for August 13th, 2010 – click to enlarge

S&P 500

Spiral Calendar Turn Dates Chart For S&P 500 for August 13th, 2010

Spiral Calendar Turn Dates Chart For S&P 500 for August 13th, 2010 – click to enlarge

Nasdaq-100

Spiral Calendar Turn Dates Chart For Nasdaq-100 for August 13th, 2010

Spiral Calendar Turn Dates Chart For Nasdaq-100 for August 13th, 2010 – click to enlarge

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

Comments (2) Aug 13 2010