August 15th, 2011 Spiral Calendar Top?

Posted: under Predictions, Spiraldate Score Charts, Stocks.

I am reposting the August spiraldates scores chart together with an updated chart of the S&P500 with a spiral calendar grid with today as the origin and going backwards in time to illustrate the spiral calendar alignments now present that indicate we are close to the top of the rally from the August 9th low. Given the high volatility, this could be the start of a dramatic decline below the August 9th low. There is some leeway for the high and we may get some follow through to the upside Tuesday to make a high.

If that turns out to be correct and we do resume the decline, the last turn date in the month on August 27th, is two days before the new moon, which is the perfect time for the end of a panic or crash according to Chris Carolan’s paper Autumn Panics: A Calendar Phenomenon. It would be one or two lunar cycles earlier than the Autumn panics mentioned in the paper, but the same day in the lunar month.

A high now might instead be a less dramatic top, of say wave A of the upward correction also.

Update 8/18/2011: So the Spiral Calendar came through again and picked the top of the rally on the nose or a day early since some indices topped on the 17th rather than at the high on Monday 15th. Shorting the close any day this week would have been an excellent trade. Now that we have a sharp decline of 4+% the next question is whether or not we take out the low last week at 1101.54 SPX. So far the EW count could be that we are starting a 5th wave down to a new low, or that we are just in wave b of a larger wave 4 with the move from 8/9-8/17 as wave a. Given the size of today’s decline (4%), I think the wave 5 scenario is more likely.

S&P500 For August 15th 2011 With Spiral Calendar Grid Backwards In Time
S&P500 For August 15th 2011 With Spiral Calendar Grid Backwards In Time – click chart to enlarge.

Spiral Calendar Daily Scores For US Stocks For August 2011
Spiral Calendar Daily Scores For US Stocks For August 2011 – click to enlarge.

Explanation for new visitors: See June 2010 Post.

Comments (10) Aug 15 2011