Raj

1. Long term (red) channel resistance are at 2555 SPX+/-5. 

The 3/6/09L - 4/3/12H (top red) channel and (lower red) the 10/4/11L-11/16/12L-10/15/14L parallel channel line somes in at 2555 SPX area. We are right there now/

2. Time Squares from 7/8/09L (pink lines on chart)

+38.89^2 = 1512 CD = 08/28/13L
+40.89^2 = 1672 CD = 02/04/14L+1 CD
+42.89^2 = 1840 CD = 07/22/14H
+44.89^2 = 2016 CD = 01/14/15L
+46.89^2 = 2199 CD = 07/16/15H+4 CD
+48.89^2 = 2390 CD = 01/23/16L -3 CD
+50.89^2 = 2590 CD = 08/10/16H +5 CD
+52.89^2 = 2797 CD = 03/05/17H -4 CD
+54.89^2 = 3013 CD = 10/07/17 +/-4 CD

This is a simple Square of 9 technique. Counting from 7/08/09L and adding Time Squared Calendar days, has pinpointed future major Highs and Lows, for example 

7/08/09L + 38.89^2 CD (Calender Days) = 38.89 X 38.89 = 1512 CD.

7/08/09 Low + 1512 CD  = 08/08/13 Low. 

To get the next date, you keep incrementing by 2, so, 38.89 + 2 = 40.89, etc. 

(see table above)

It next targets 10/07/17 +/-4 as the next major turning point (High).

3. Vedic Venus in Virgo (Red vertical lines on chart)

7 of the 8 Vedic Venus debilitated in Virgo, since 3/6/09L, saw sharp declines.

5 of the 8 saw a Major High decline to a major Low during those days.

8 of 8, all of them saw a major High or Low during those days.

The next Venus in Virgo is: 10/9/17-11/2/17

China

Shorter term, we are right at double channel resistance as well.

Conclusion: The euphoric rally is about to end in the coming days as we are right at major long & short term channel resistance and right at the next major time Square due 10/7 High+/-. The "Vedic Venus in Virgo" suggests we should see a relative sharp decline in the coming weeks. Overall, once this pullback completes in the coming 2-4 weeks, the rally should resume to fresh All time Highs.

Trading in Stocks, ETF, Options and Futures involve risks. Trade at your own Risk. Do your own homework. The contents of this blog are for general information and educational purposes only and should not be construed as an investment advice strategy. Past performance is no guarantee of future results.

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