Oil USO Rally Near An End?

Posted: under Commodities, Predictions.
Tags: ,

OIL USO is showing a pair of spiral clusters for Monday and Tuesday in addition to multple backward spiral alignments today: F1, F3, F4, F5, F6 , andF7.
The rally off the May 17 low is small but can be counted as three waves if we get another upward push next week.

Oil USO

Spiral Calendar Clusters For Oil (USO) As Of May 27th, 2011

Spiral Calendar Clusters For And Spiral Calendar Alignments Backwards From May 27th, 2011 For Oil (USO) – click to enlarge

Comments (2) May 27 2011

Metals Ready To Resume Decline

Posted: under Commodities, Predictions.
Tags: , , ,

Silver SLV and gold GLD are both lining up for at least a short term high tomorrow May 26th, 2011.
The gold rally looks like a textbook zigzag correction of the decline since the high. The rally in silver looks less complete having not yet retraced as far as the previous fourth wave high near 38. The silver rally might only be wave A of the upward correction.

Silver – SLV

Spiral Calendar Clusters For Silver (SLV) As Of May 25th, 2011

Spiral Calendar Clusters For Silver (SLV) As Of May 25th, 2011 – click to enlarge

Gold – GLD

Spiral Calendar Clusters For Gold (GLD) As Of May 25th, 2011

Spiral Calendar Clusters For Gold (GLD) As Of May 25th, 2011 – click to enlarge

Comments (3) May 25 2011

June 2011 Spiraldates Score Chart

Posted: under Predictions, Spiraldate Score Charts, Stocks.

Spiral Calendar Daily Scores For US Stocks For June 2011

I normally wait until the end of one month before posting the Spiraldates Score chart for the following month because any highs and lows in the latter part of the current month can affect the chart in the following month. However the maximum effect is only 1 point on any particular date that aligns F1 from the previous month so this month I am advancing the posting a bit due to interest from readers.

June 2011 shows a very broad peak centered on the 10th and 11th of June 2011. There are actually 9 spirals clustered that make up this peak – f7, f12, f15 and f17 aligned on June 10th, f5 on June 11th, f8, f10, and f14 aligned on June 12th, and f3 aligned on June 13th. There is also a lesser peak at the end of the month on the 29th and 30th, and a few other minor peaks on the 1st, 17th, and 23rd/24th.

As of the time of posting, May 20th, we are bouncing a bit off the May 17th low, although the market direction is not really clear. One school has a rally into the end of the month or possibly into the June 11th/12th peak to form some kind of 5-wave move from the March 2011 low. The bear school thinks May 2nd was the top, and we have been making multiple small degree wave 1s and wave 2s with a third of a third down due soon.

May predictions caught the May 2 and May 5th turns perfectly, but didn’t predict the May 10th turn and had May 19th instead of the actual low on May 17th.

Explanation for new visitors: See June 2010 Post.

Comments (7) May 20 2011

Turn Territory

Posted: under Predictions, Stocks.

Both S&P 500 and DJIA may be approaching a turn higher in the next few days with any rally likely to last about two weeks to complete a 5th wave up from the March low and possibly a 5th of a 3rd or 5th of a 5th up from last summer’s July low. The auto spirals (red and green numbered bars above and below the price bars) are showing a turn cluster here and another in about two weeks. The manual Spiradates score chart for May shows a potential turn on May 19th.

S&P 500

Spiral Calendar Alignments For S&P 500 Backwards From May 16th, 20111

Spiral Calendar Alignments For S&P 500 Backwards From May 16th, 2011 – click to enlarge

Comments (0) May 16 2011

Time For A Silver Bounce?

Posted: under Commodities, Predictions.
Tags:

Silver may be about to bounce back upwards given 5 waves down from the April 28th high.
F1, F5, F7 and F9 spirals are aligned now May 12th.
Next spiral calendar alignment projection is around May 26th (the green 4 to the right of today’s price) which would be a good time target for a rally high.

Silver – SLV

Spiral Calendar Alignments For Silver (SLV) Backwards from May 12th, 2011)

Spiral Calendar Alignments For Silver (SLV) Backwards from May 12th, 2011 – click to enlarge

Comments (1) May 12 2011