fxs_header_sponsor_anchor

Analysis

Trend P.I. Results & Update: There aren’t any major change in trend points for S&P500

Recap 10/14 - The S&P opened with a 20 handle gap up and then traded another 22 handles higher into a 9:39 AM high of the day. From that high the S&P declined 98 handles into a 10:44 AM low. From that low, the S&P rallied 31 handles into an 11:04 AM high. From that high, the S&P declined 65 handles into a 3:59 PM low of the day. From that low the S&P bounced 4 handles into the close.

10/14 – The major indices, following a good gap up opening, reversed and merciless declined for most of the day to finish with a huge down closes per the following: DJIA - 403.89, S&P 500 - 86.89 and the Nasdaq Comp. – 327.76.

Looking ahead – There aren’t any major change in trend points until 10/19. The next point of important degree is 10/18. Please see below.

The Now Index is in the NEUTRAL ZONE. 

Coming Events:

(Stocks potentially respond to all events).

  • A. 10/19 AC – Mars 0 North Latitude. Major change in trend Corn, Gold, OJ. 
  • 10/21 AC – Saturn in Aquarius turns Direct. Major change in trend Coffee, Copper.
  • 10/24 AC – New Moon – Solar Eclipse in Scorpio. Major change in trend Financials, Grains, Precious Metals,

Cocoa, Hogs, T-Bonds. 

  • 10/27 AC – Jupiter Retro Leaves Aries and enters Pisces. Change in trend Coffee, Corn, C.I., Gold, Oats,

OJ, Oil, Sugar, Wheat. 

  • 10/28 AC – Uranus 45 US Venus. Moderate change in trend US Stocks, T-Bonds, US Dollar. 
  • 10/28 AC – Mars in Gemini turns Retrograde. Major change in trend Stocks. 

Market Math –

10/18 = 287 (Music) days > 1/04/2022 MAJOR HIGH

10/20 = 289 (13^) days > 1/04/2022 MAJOR HIGH

Fibonacci – 10/18, 10/21, 10/24

Astro – 10/20, 10/24, 10/28 AC

Please see below the S&P 500 10 minute chart.

Support - 3490 Resistance – 3730

Please see below the S&P 500 Daily chart

Support - 3490 Resistance – 3730

Please see below the September Planetary Index charts with S&P 500 5 minute bars for results.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.