Nothing in this blog constitutes trading or investing advice. This blog is for educational and entertainment purposes only.
The S&P has been very volatile lately, but the major turning points have been following Earth Tides quite well recently. The S&P had it's first turn from the fall that started on 8/16 on 8/24 , 2 days after the Earth Tide bottom on 8/22. The S&P then made a swing top on 8/28, coinciding with the Earth Tide top made over the weekend on 8/29. Earth Tides are now showing a bottom on 9/4, up until 9/12. My guess is that it will be up to sideways up. However the Earth Tides down move was larger than the previous down move, but the S&P move was shorter relatively. This could indicate a stronger move up.
There is a major bottom indicated on Oct 3 and a higher bottom on 11/2, so we could see a double bottom situation over the next couple of months, before a larger move up can occur.
Earth Tides are based on the relative rotational and orbital motions of the Sun, Moon and Earth. It's based on a model used to predict expected periods that should be observed in an actual Earth Tide. I'd like to hear what you think - email me at [email protected]