Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Monday, December 2, 2019
SPX S&P 500 Daily Chart; Eclipse Selloff Windows
Keystone's Eclipse Indicator is an obscure, esoteric-style market signal that identifies potential significant market topping areas based on eclipses. Metaphysically, humans tend to behave oddly one month before and/or one month after an eclipse cluster, which sometimes correlates to stock market tops.
For this year, an eclipse occurred on 1/21/19 so a potential top was predicted for either 12/21/18 or 2/21/19 give or take a couple weeks from each date. The eclipse signal identified the December 2018 weakness which took all of the negative energy so the early March pullback was paltry.
An eclipse cluster occurred on 7/9/19-ish so a potential top was predicted for either 6/9/19 or 8/9/19 give or take a couple weeks from each date. The June date was a bust as stocks chose to run higher but perhaps the negative energy was saved for the second date, late July-early August, which caught the top. The downside in the stock market never gains big-time acceleration because the Federal Reserve and other global central banks always step in to save the day.
An eclipse occurred on 11/11/19, three weeks ago, so a potential top was predicted for either 10/11/19 or 12/11/19 give or take a couple weeks. The October date was a bust as markets were heading higher not lower. Thus, perhaps the negative energy is stored up now for the second target date.
An eclipse cluster will occur 1/2/20, a month from now, so a potential top may occur 12/2/19 (now) or 2/20/20 give or take a couple weeks from each date. The thing that jumps out at you is that the December target dates are overlapping; one at 12/11/19 (red circle) and the other at 12/2/19 (maroon circle) so this early December area, now, in real-time, into mid-month and even Christmas, is very susceptible to a significant stock market selloff. It will be interesting to watch and see if it occurs, or not. 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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