• 7 hours Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 10 hours 14 Million People Will Lose Unemployment Benefits On December 31st
  • 2 days Why 12 Million American Millionaires Isn’t Good News
  • 3 days Big Oil Is Paying The Price For Investing In Renewables
  • 4 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 5 days Did Amazon Just Democratize Prescription Drugs?
  • 7 days The Private Space Race Just Got Very Real
  • 8 days Short Sellers Are Willing Big In This Turbulent Market
  • 9 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 10 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 11 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 12 days Black Friday Could Be Retailers’ Only Hope
  • 13 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 14 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 16 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 17 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
  • 18 days Will The San Francisco Wealth Tax Spark An Exodus Of The Rich?
  • 19 days The Fin-Tech IPO Of The Century Just Got Crushed
  • 20 days UK Bookies Report Largest-Ever Political Bet Ahead Of Election Results
  • 21 days Better Safe Than Sorry: 5 Alternative Investment Plays
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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…

Contact Author

  1. Home
  2. Markets
  3. Other

Stock Market Higher into Next Week Then...

Last week, I mentioned that it was possible that Y of B could make a new high into next week then we go down hard. I had 2214 (or so) on the SPX as a maximum upward target and that could be the case by Tuesday next week.

On Tuesday, at the close, we went short expecting a Trump victory and a plunge. Wow! The futures plummeted down about 100 and then came back with a vengeance! It sure caught us by surprise (the strong comeback, not the plunge).

There are some worrisome astro aspects ahead, especially around November 18th going into around November 29th. Firstly, we have a super moon on Monday near the 3 week cycle top next week in Taurus in the second house of money. This should represent a topping area. It is also a Bradley turn.

Secondly, as we approach OPEX (11/18), Mercury squares Neptune (dishonesty,chaos, New World Order [is this a conspiracy?]), then Neptune turns Stationary Direct on the 19th, which implies reversals of any attempt to rally. Mercury conjuncts Saturn on the November 23rd (fear). On the 24th of November (Thanksgiving), Jupiter squares Pluto (extremes, trouble, violence), then on the 25th Venus conjuncts Pluto (despair, destruction).

The Mercury (communicating) trine Uranus aspect (rebellion) of November 26th, looks like an exhaustion of sorts, so we may open down hard on the 28th. Venus squares Uranus (love of money), this may be the bottom or close. It is also a Bradley turn. The moon moves into Capricorn and out of Sagittarius on December 1, so any selling should be gone by the second of December at the latest.

The charts of both the S&P 500 and GDX below show that we may see a huge plunge in the stock market and a huge rally in gold and the miners into the last week of November. Geocentric Mercury moves into Sagittarius on November 12 and ends on the 2nd of December. This implies huge moves in the gold complex. My read says BIG up from the November 11 into the end of November.

SPX Daily Chart
Larger Image

GDX Daily Chart
Larger Image

Could this be New World Order revenge coming? Has anyone noticed the Dow Industrial up over 200 today, with the SPX up only 4 and the NASDAQ 100 down almost 2%? This is a market headed for trouble, at least in the short term. Sounds like a test on the way.

Please do not trade my forecasts without a subscription. Remember, the forecast may change as information changes. That is why it is incumbent upon you to stay informed to those changes by having a subscription.

 


Please check out my website at blustarmarkettimer.info for price specials.

Please check out my blog at blustarmarkettimer.com for periodic updates.

We are now on Twitter.

 

Back to homepage

Leave a comment

Leave a comment