Spiral Calendar Charts For S&P500, Nasdaq-100, Gold, Oil and AAPL May 20th, 2016

Posted: May 21st, 2016 under Commodities, Predictions, Stocks.

Updated spiral calendar charts for S&P 500, Nasdaq 100, Gold, Oil and Apple Computer as of May 20th, 2016. Please click on each chart to see a full HD-size chart.

S&P500 Spiral Calendar Chart For May 20th, 2016

The spiral clusters in the S&P 500 in early April turned out to be at the top of wave 3 of the advance since Feb 11th and the move completed with wave 5 on April 20th. A three wave decline has followed punctuated with spiral clusters on April 25th, May 5th and May 11th so far. The decline appears too shallow to have fully corrected the advance since Feb 11th, so a further small decline would make things look more complete.

Nasdaq-100 is in a similar position but has declined a bit more but would also look better with another small decline from here to complete a three wave correction.

GLD appears to be declining into a pair of spiral clusters late next week.

USO continues its rally despite many clusters but looks toppy.

AAPL declined impulsively from mid-April to mid-May and made a low matching a spiral cluster on May 12th. The rally since then appears corrective but incomplete.

A note on the staircase red and green lines appearing on this months charts which are volatility stop lines. A green up-stepping line is drawn beneath the price when the move is bullish and a red line is drawn above when the market declines. The distance from the closing price to the stop line is a multiple of the recent average true range – three times ATR(14) for bull moves and two times ATR(14) for bearish ones. If the market closes beyond a stop line then the stop applies at the next open. This avoids getting stopped out on wild intraday swings (like spike bottoms).

May 20th, 2016 Spiraldates.com Spiral Calendar Predictions For S&P500

Nasdaq 100 Spiral Calendar Chart For May 20th, 2016

May 20th, 2016 Spiraldates.com Spiral Calendar Predictions For Nasdaq 100

GLD Spiral Calendar Chart For May 20th, 2016

May 20th, 2016 Spiraldates.com Spiral Calendar Predictions For GLD

OIL (USO) Spiral Calendar Chart For May 20th, 2016

May 20th, 2016 Spiraldates.com Spiral Calendar Predictions For OIL (USO)

AAPL Spiral Calendar Chart For May 20th, 2016

May 20th, 2016 Spiraldates.com Spiral Calendar Predictions For AAPL

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

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3 Comments »

  1. I really appreciate your work. 1 remark; the dates on gold are hard to read. Is there a way around this?

    Thanks again for you wonderful work.

    Comment by Andre — May 21, 2016 @ 9:12 pm

  2. I’ve replaced the GLD chart with one that shows the dates better.

    Comment by Admin — May 22, 2016 @ 1:26 am

  3. Thanks a lot!

    Comment by Andre — May 22, 2016 @ 6:47 am

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