S&P 500 Spiral Calendar Update Aug 30th., 2013

Posted: under Predictions, Spiraldate Score Charts, Stocks.

Here is an updated spiral calendar chart for S&P 500 for August 30th., 2013.
I have changed the parameter for the threshold of the number of spirals in a cluster from 4 to 3 for this chart so it shows several extra clusters with 3 spirals that have not been shown on earlier posts.
Also I loaded historical data from 1960 instead of just 1980, so there may be a few extra spirals shown relative to earlier charts. Click on the chart to see the full size version.

Current Elliott Wave counts put us either in wave 4 of the first wave down from the high, or we have completed the first wave down and are tracing a wave ii rally. I think we may have completed wave b of an upward flat correction at Friday’s close, so I’m expecting US markets to open higher on Tuesday following Europe higher.

Note also that today’s US holiday, Labor Day is shown as a trading day with a cluster of 4 spirals even though US markets are closed. The program does not remove holidays in a way similar to the way it removes weekend days. It does however allow for the 10 holidays per year in calculating the spiral intervals. So in summary the spirals account for the missing trading days in aggregate, but individual holidays are still shown on the chart.

If you don’t understand the chart – see the posts here and here .

Updated August 30th. 2013 Spiraldates.com Spiral Calendar Predictions For S&P500

Comments (3) Sep 02 2013