Major Cycle Turns S&P Down
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Chaos Clinic for 7/19/2019
A key point of my energy field work is that all things are connected through the universal electric field of our plasma universe. Another part of that is that a numeric field underlies the electric field, produced by harmonies within that field. This was very evident to me this week.
In my 4/27/2019 Chaos Clinic, I pointed out that powers of numbers were often important price levels. Specifically, I said that 3025 = 55 x 55 was a key price level for the S&P. The S&P futures made a high this Monday just 6 ticks below that level.
I was expecting at least a short term high due to the 7 swing Chaos Clamshell shown on this chart. The chart has a rainbow of EXMAs of 1.5 (red), 3(white), 6 (cyan), 12 (yellow), 24 (cyan), and 36 (white) days.
Swing 5 was the Solar Eclipse, which did turn the S&P down for a few days. Then it rallied into the Full Moon (7) following the solar eclipse. From my study of eclipses, I've learned some markets turn on a solar eclipse, some on the Full Moon following. The Russell index turned down in the eclipse, the S&P on the Full Moon.
Since last December I have been waiting to see the effect of the 18.6 year Draconic cycle in the S&P. This cycle is the Moon's Node, the long term cycle that is part of the eclipse cycle. My wait ended on Tuesday, when that cycle turned. That by itself suggests this could be a major high in the S&P.
But last week I was not thinking about the S&P. I was attending the 55th reunion of my Air Force Academy Class of 1964. When I came back on Monday, I was immediately struck by seeing the S&P almost exactly at 55 x 55. Some coincidence. But there is another coincidence. We graduated on June 3rd. The Chaos Clamshell shown started on June 3rd. Spooky, eh?
Major cycles don't show up as sharp turns. This one clearly turned the 1.5,3,and 6 day EXMAs down. The longer ones have not yet turned. That reflects the battle between the HOPE that the Fed will cut interest rates, and the FEAR of a slowing economy. Those emotional swings are largely due to the Moon. Yesterday's fast rally was due to a Moon transit. So we need to wait to see how the longer Node cycle plays out. If the S&P falters, a down move of 18.6 months could be coming.
The Russell is much weaker than the S&P. Money continues to move into gold. So I think the S&P is vulnerable.
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