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Brad Gudgeon

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

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Stock Market Roller Coaster to Continue This Week

Last week, I warned of the wild swings coming in the financial markets based on astrology. This indeed is what occurred! Our C 2 auto-trading account is now +52.3% from April 15, 2015 to July 10, 2015! We had a great week trading because we were forewarned due to astrology!

My subs who were short silver last week made anywhere between 7-11% on the ETF ZSL (depending on when they got out). I believe silver is going to gap down hard again on Monday, but not as hard as last week (60 minute money flow similar to April 29, 2015). Gold looks to be in for a rocky ride this week with a low on Monday, high on Wed and a final washout low on 7/17. This is the same basic pattern I expect for the stock market (Bradley turn due July 16/17).

Monday is the 4/8 TD low from July 7 / June 30th and I expect the SPX 2042 area to be tested by day's end. The 5-minute Money Flow Indicator pattern looks identical to last Tuesday and we had divergent momentum tops form throughout the day (looked like an irregular top, but I'm not sure).

Astro wise, Venus (finance, agreements) sq. Saturn (delay, frustration) on July 14 has a +/- 1 TD variance of being a reversal bottom. We have the positive Mercury trine Neptune late in the day Monday and the 8/16 TD top due Wednesday. Sunday has the negative Sun sq. Uranus late in the day, so I think we gap down Monday and go, much like last Wednesday. Tuesday should be a big up day with a follow through top on Wednesday. Wednesday sees the big negative "Mars opposite Pluto", so down hard into the Bradley 4/12.5 TD low on July 17.

I don't expect the hard line Germans will take what they believe will be the "Trojan Horse" from the Greeks this weekend. The Germans (and their backers) want accountability and austerity, something the Greeks have shirked on. The bottom line is this: all astro-cycle expectations point to the game of "Chicken" to continue next week into July 17. The real deadline is July 20th.

Greece must pay over 300 million Euros out on government bonds at the same time a 3.5 billion Euro-bond payment is due the ECB on the aforementioned date. On July 13, Greece will also owe the IMF 454 million Euros and the Eurogroup has its last planned meeting before the potential July 20th default.

Perhaps the expected rally on Tuesday into Wednesday will be due to the Germans backing down from pressure from its other allies, especially Italy and France. Whatever players do what in this grand play I do not know, but this I know: it portends to be a wild ride in the financial markets again this week (just not as choppy)!

 


The BluStar Market Timer was rated #1 in the world by Timer Trac in 2014 (and from April 1, 2014 through March 31, 2015), competing with over 600 market timers. This occurred despite what the author considered to be (and still considers to be) a very difficult trading environment.

The BluStar Market Timer also now offers auto-trading and timely signals trading the Direxion BULL/BEAR 3X ETF and Precious Metals ETF's. We are up 52.3% since April 15, 2015 (up 12.4% since last week) with the auto-trade signal, all in a sideways market.

Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The subscription website is www.blustarmarkettimer.info
To view the details and periodic updates more clearly, you may visit our free chart look at www.charts.blustarmarkettimer.com

 

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