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Moon, Cycles and More 7/28

热6已有 8149 次阅读  2010-07-27 23:46

Moon, Cycles and More

Similarities with the March to August 2004 Correction
The market similarities of 2003-04 and 2009-10 are probably in the minds of many and the choppy trading since the April 2010 high is not unlike the choppy trading we saw after the March 2004 high and some of the key dates match quite well and suggest a distribution top near 1100 into early August before a nasty decline into late September. This 2004-2010 fractal pattern agrees with the November 08 fractal which also suggests a distribution top near 1100 into early August before a similar decline into late September and they both predict a pull back to 1080 this week.


Probable pull back from Full Moon
The Ticks are getting overbought into the Full Moon increasing the odds of a pull back this week which the Fractals suggest will hold above 1080 and give us one more rally into the normally bullish New Moon of August 9th, but this New Moon is part of the "Cardinal Climax" which gave us the weakness since the Saturn - Uranus opposition of April 26th and it will be most intense on Friday August 6th which is 3 days before the New Moon and a possible date for a Panic sell-off low if we start to break 1080 and 1060 next week.

See a larger Moon chart here



Similarities with the March to August 2004 Correction
The market similarities of 2003-04 and 2009-10 are probably in the minds of many and the choppy trading since the April 2010 high is not unlike the choppy trading we saw after the March 2004 high and some of the key dates match quite well and suggest a distribution top near 1100 into early August before a nasty decline into late September. This 2004-2010 fractal pattern agrees with the November 08 fractal which also suggests a distribution top near 1100 into early August before a similar decline into late September and they both predict a pull back to 1080 this week.


Probable pull back from Full Moon
The Ticks are getting overbought into the Full Moon increasing the odds of a pull back this week which the Fractals suggest will hold above 1080 and give us one more rally into the normally bullish New Moon of August 9th, but this New Moon is part of the "Cardinal Climax" which gave us the weakness since the Saturn - Uranus opposition of April 26th and it will be most intense on Friday August 6th which is 3 days before the New Moon and a possible date for a Panic sell-off low if we start to break 1080 and 1060 next week.
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