Monday, September 3, 2018

SPX S&P 500 Daily Chart; Keystone's Eclipse Indicator

Keystone's Eclipse Indicator is always an interesting esoteric tool to watch. Around eclipses, humans behave oddly, metaphysically-speaking, for unknown reasons. Perhaps in a few decades the metaphysically code will be cracked. This indicator is fun to check now and then in relation to stock market tops.

Take when the solar and/or lunar eclipse dates occur and average the two dates that are near each other to get a centerpoint, then go one month before and one month after that centerpoint to project a potential major top in the stock market give or take 2 weeks from that date. Humorously, that is likely clear as mud for those of you that are mathematically-challenged. The entire period is shown by the blue boxes with the most likely periods for a potential significant stock market top shown by the blue circles.

Early in the year, the 1/7/18 date is a target for a potential important market top, give or take a couple weeks and the top occurs on 1/26/18 about two weeks after 1/7. Usually if the downside energy is used-up in the first window, the second window holds less clout. The next window for a potential major top was 3/7/18 give or take a couple weeks and a top actually occurs late February and only a few days past the 3/7 date. Both windows led to significant drops in the stock market.

We are currently in another overall eclipse box from mid-June thru mid-September which is next week. The first more pin-pointed window for a potential stock market top is 6/27/18 give or take a couple weeks and a top does occur in mid-June-ish. Generally, however, the top results in only about a 70 or 80 handle pull back so nothing that is big time.

Currently, a target date of 8/27/18 is in play give or take a couple weeks and interestingly, markets topped last Wednesday, on 8/29/18, almost to the day of the projection. Since eclipse dates are known far in advance, Keystone projected the 8/27/18 date last year. It will be interesting to see how things pan out going forward and if a large pullback occurs a la earlier in the year. The exact window for the potential major top, as per the eclipse indicator, is from 8/13 to 9/10. The eclipse indicator is always interesting to watch. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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