S&P 500 Spiral Calendar Chart For August 28th, 2015

Posted: under Predictions, Stocks.

Updated spiral calendar chart for S&P 500 as of August 28th, 2015. Please click on the chart to see a full HD-size chart.

We got the expected low on Monday and again on Tuesday and bounced higher during the rest of the week and have now retraced a good portion of the steepest part of the decline that we have labeled wave 3.
We are probably near a wave 4 high as of Friday’s close, and we expect another sharp decline starting early next week to complete wave 5 of the entire decline from the July 20 top. There is a new moon and partial solar eclipse on September 13th and extreme moves have in the past ended approximately two days before the new moon so our time target for the bottom of wave 5 is near Friday September 11th.

Another interpretation is that Friday’s high is just wave a of 4 which would imply either a trading range between Monday’s low and Friday’s high for a couple of weeks, or a continuation of the wave 4 rally higher after a relatively small b wave decline.

There are also some large spiral clusters showing up near the end of September and the one on the 24th will also include the one lunar month (29.53 days) anniversary of the wave 3 low on August 24th/25th. We will need to see how price behaves during September to be able to predict what is likely on those cluster dates.

Just to reiterate we think this is just the initial phase of the decline and we expect to go much lower before the bear market is done.

S&P500 Spiral Calendar Chart For August 28th, 2015

August 28th, 2015 Spiraldates.com Spiral Calendar Predictions For S&P 500

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

Comments (3) Aug 29 2015