Spiral Calendar Update August 22, 2014 For S&P500, Nasdaq 100, and Gold

Posted: August 23rd, 2014 under Commodities, Predictions, Spiraldate Score Charts, Stocks.

Here are updated spiral calendar charts for S&P 500, Nasdaq 100, and Gold (GLD) for August 22, 2014. Please click on the charts to see each full HD-size chart.

S&P500 Spiral Calendar Chart For August 22, 2014

August 22nd, 2014 Spiraldates.com Spiral Calendar Predictions For S&P 500

S&P made a low on 8/7 marked by a couple of spiral clusters, and another cluster caught the top of the first move up on 8/11. The market has continued impulsively higher and according to my favorite Elliott Wave analyst we may have completed wave iii of (v) of [v] on 8/21. One scenario is a short pullback in wave iv and then a push higher for wave v around Labor Day to complete v of (v) of [v] and in fact the entire B wave since the 2009 low. There is a notable spiral cluster on Friday 8/29 that is a combination of 4 long term spirals f26, f24, f22, and f21 that coincides with a seasonal peak immediately prior to the Labor Day holiday. There is also a group of clusters around the end of the first week of September.

Nasdaq 100 Spiral Calendar Chart For August 22, 2014

August 22nd, 2014 Spiraldates.com Spiral Calendar Predictions For Nasdaq 100
The Nasdaq 100 spiral chart has an empty gap in the spiral clusters around Labor Day, but has a similar group of clusters to S&P 500 around the end of the first week in September.
Nasdaq in general has fewer clusters since data is only available from late 1985, whereas the S&P charts are using data back to 1960. The Gold chart below uses data from late 2004 onwards.

Gold (GLD) Spiral Calendar Chart For August 22, 2014

August 22nd, 2014 Spiraldates.com Spiral Calendar Predictions For Gold (GLD)

The last two spiral clusters on the gold chart were within a day of the most recent high and low points. Looking forward, there is a spread of five clusters over a two week span starting on Labor Day. The Elliott Wave count for gold has two main possibilities with opposite implications in the immediate future. The bullish count has gold still muddling through wave E of a triangle that implies a small rally to complete wave E at around $1360-1370. The bearish count is that wave E already completed on 7/10 and we are in a bear move likely to reach $1000 eventually.

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

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