10/26 Recap: - The S&P opened with a 12 handle gap up and continued 20 handles higher into a 10:22 AM high of the day and a new all-time high. From that high, the S&P declined 30 handles into a 12:55 AM low of the day. From that low, the S&P zig-zagged 19 handles higher into a 3:48 PM high.
10//26 – The major indices, following a strong AM rally to new all-time highs, closed with a small up day per the following closes: The DJIA + 15.73; S&P 500 + 8.32; and the Nasdaq Composite + 9.01. The DJIA made a new all-time high at 35.892.92; the S&P 500 made a new all-time high at 4598.53. BTW, 21 cycles up from the 2009 low of 666.79 on the Gann Square of Nine = 4599.86.
Looking ahead – We are in the pass sidelines mode, probably until the end of this week.
The NOW Index is in the NEUTRAL ZONE.
(Stocks potentially respond to all events).
5. A. 10/29 AC – Venus Greatest Elongation East. A major change in trend Cattle, Copper, Cotton, Sugar, Wheat.5.
B. 10/29 AC – Pluto 90 US Mercury. A major change in trend US Stocks, T-Bonds, US Dollar.
C. 10/29 AC – Geo Mars enters Scorpio. An important change in trend is Cocoa, Hogs, and T-Bonds.
Stock market key dates
Fibonacci – 10/29.
Astro – 10/29 AC.
Please see below the S&P 500 10 minute chart.
Support - 4570, Resistance – 4599.
Please see below the S&P 500 Daily chart.
Support - 4570, 4500 Resistance – 4599.
Please see below the Planetary Index charts with S&P 500 10 minute bars for results.
As of 10/22, I am dropping the charts marked Pages 26 and 28.
As of 10/26, I am dropping the chart marked Page 29.