S&P 500 – Spiral Calendar

Another mid-Month Correction. Is it that Easy?

The battle of 4480 on the ES futures is important. Bears need to hold that resistance level.

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Wind Shift

Equities have been behaving like a bear market ever since that September 6 New Moon. The tides are turning down now for the next few days. Hang On!!

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Yes, I trolled Twitter with this chart on Thurs. Two main points, we don't have a Spiral Calendar relationship similar to '29-'87 here and we didn't have the matching Spring lows, so this is not a crash forecast. But we DO KNOW that late summer New Moon tops are a piece of the puzzle leading to Autumn volatility. And that piece of information is a huge edge in the early days of Autumn volatility when most are waiting for their lagging oscillators to bark at them.

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That crypto and lumber joined equities in New Moon reversals is an important indicator that a general, public mood switch triggered on this recent New Moon. For subscribers, we'll be following the short-term tidal cycles closely, as they have shown time and again to be effective during periods of volatility (and useless during quiet markets!)

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Monday’s Moon

With the new moon marking tops in stocks, crypto, and lumber, this top is unlikely to be exceeded anytime soon. The change in crowd sentiment is palpable.

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Some Signals

The daily ES chart triggered two signals today, a bearish RSI divergence and a nominal close below the 2519.25 Net Line. Net Line penetrations have been rare of late.
The move lower (emotional in crypto) on the day after a late summer, new moon all-time high is auspicious for the bears.