|

Trend P.I. Results & Update: The next major change in trend for S&P 500 is due

Recap Week of August 01 - 05 -  The S&P opened Monday with a 34 handle drop into a 9:34 AM low of the day.  From that low, the S&P rallied 49 handles into a 10:54 AM high of the day.  From that high, the S&P declined  65 handles into a Tuesday, 10:10 AM low of the day and which would be the low of the week.  From that low, the S&P rallied 59 handles into a 12:48 PM high of the day.  From that high, the S&P declined 48 handles into the close.  Wednesday, the S&P opened with a 16 handle gap up and then rallied another 50 handles into a 3:44 PM high of the day and the high of the week. .  From that high, the S&P declined 30 handles into a Thursday, 10:40 AM low of the day.  From that low, the S&P zig zagged 26 handles higher into a 3:16 PM high of the day.  From that high, the S&P declined 54 handles into a Friday gap down opening low of the day.  From that low, the S&P zig zagged 38 handles higher into Friday’s close.  Overall, it was a whippy choppy trading range type week. 

8/05 – The major indices had a mixed day finish with the following closes: DJIA + 76.65; S&P 500 – 6.75; & the Nasdaq Comp. + 63.03.              
Looking Ahead –  Friday the S&P closed about mid-range, which, so far, is not a good set up.   The next major change in trend is due 8/10 AC.

Please see details below.   

The Now Index is in the NEUTRAL ZONE.   

Coming events

(Stocks potentially respond to all events).                   

 1. A. 8/01 AC – Pluto Contra-Parallel US Sun.  Major change in trend US Stocks, T-Bonds, US Dollar.

     B. 8/01 AC – Venus 0 North Latitude.  Major change in trend Cattle, Copper, Cotton, Sugar, Wheat.

     C. 8/03 AC – Moon’s North Node 90 US Moon.  Major change in trend US Stocks, T-Bonds, US Dollar.

     D. 8/05 AC – Saturn 150 US Neptune.  Moderate change in trend US Stocks, T-Bonds, US Dollar.          

2.  A. 8/10 AC – Pluto Parallel US Part of Fortune.  Major change in trend US Stocks, T-Bonds, US Dollar. 

     B. 8/11 AC – Full Moon in Aquarius.  Major change in trend Financials, Grains, Precious Metals, Copper. 

     C. 8/11 AC – Mercury 0 South Latitude.  Major change in trend Corn, Oats, Soybeans, Wheat.              

     D. 8/12 AC – Moon’s North Node Parallel Uranus.  Major change in trend CATTLE, COTTON, Copper, Silver.

     E. 8/18 AC – Helio Jupiter enters Aries.  Major change in trend Coffee, Corn, Gold, Oats, OJ, Silver, Sugar, Wheat.

     F. 8/18 AC – Moon’s North Node 45 US Venus.  Moderate change in trend US Stocks, T-Bonds, US Dollar.     

     G. 8/19 AC – Geo Mars enters Gemini.  Important change in trend Stocks.

Stock market key dates

Market math

8/05 =  4,900 (70^2) days > 3/06/2009 MAJOR LOW.

8/10 =  12,769 (113^2) days > 8/25/1987 MAJOR HIGH.

8/17 = 20,643 music days > 2/09/1966 MAJOR HIGH.

8/23 = 17,424 (132^2) days > 12/09/1974 MAJOR LOW.

8/28 = 8,192 music days > 3/24/2000 MAJOR HIGH.

Fibonacci – 8/5, 8/9. 8/17, 8/22.

Astro – 8/1, 8/2, 8/8, 8/11, 8/12, 8/15, 8/19, 8/24, 8/26 AC.

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

Support  - 4080  Resistance –  4180, 4228.

Please see below the S&P 500 Daily chart.                                        

Support  - 4080  Resistance –  4180, 4228.

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

Author

Norm Winski

Norm Winski

Independent Analyst

www.astro-trend.com

More from Norm Winski
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD trims losses and returns to the 1.1750 area

The US Dollar resumed its decline in the American afternoon, helping EUR/USD trim early losses. The pair trades around 1.1750 as market participants gear up for the European Central Bank monetary policy decision and the United States Consumer Price Index.

GBP/USD flirts with 1.3400 after nearing 1.3300

The GBP/USD changed course after dipping with UK inflation data, and trades near the 1.3400 mark, as investors expect the Bank of England to deliver a 25 basis points interest rate cut after the two-day meeting on Thursday.

Gold flirts with weekly range hurdle; looks to US CPI for fresh impetus

Gold is seen consolidating near the top end of the weekly range, below the $4,350 level, during the Asian session on Thursday. The US Dollar preserves the overnight recovery gains and caps the bullion, though a weaker risk tone and dovish Fed bets act as a tailwind for the non-yielding yellow metal. Traders now look to the US consumer inflation figures for cues about the Fed's rate-cut path in 2026 before placing fresh directional bets around the XAU/USD pair.

Bitcoin risks deeper correction as ETF outflows mount, derivative traders stay on the sidelines

Bitcoin (BTC) remains under pressure, trading below $87,000 on Wednesday, nearing a key support level. A decisive daily close below this zone could open the door to a deeper correction.

Monetary policy: Three central banks, three decisions, the same caution

While the Fed eased its monetary policy on 10 December for the third consecutive FOMC meeting, without making any guarantees about future action, the BoE, the ECB and the BoJ are holding their respective meetings this week. 

Crypto Today: Bitcoin, Ethereum, XRP slide further as risk-off sentiment deepens

Bitcoin faces extended pressure as institutional investors reduce their risk exposure. Ethereum’s upside capped at $3,000, weighed down by ETF outflows and bearish signals. XRP slides toward November’s support at $1.82 despite mild ETF inflows.