Chaos Clinic Recap

Here are Al's comments

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Will Record S&P Highs Fail Again?
Chaos Clinic for 6/21/2019
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Today is the Summer Solstice. And the S&P has made new record highs.
Earlier this year, new record highs faded quickly. Will they do so again?

I think they will, for several reasons. The primary reason I think so is
this chart, showing my ZD36 energy forecast. It is the green line on the chart.
This energy forecast is computed only from the first trade date and planetary
positions. No price data is used. It can be computed as far in the future as
desired. This forecast is computed with my WinXGO software, available at MoneyTide.com

The vertical scaling of energy to price is arbitrary. The 36 day filter smooths the
turns, so they may be early or late by about a week. But the forecast gives a good
idea of where prices are headed. Right now, as the S&P futures have made another move
above the 2018 high, the ZD36 is showing a choppy summer sag down into August.
The pop up to new highs was fueled by news that the Fed might cut interest rates.
The next FOMC meeting is July 30-31, close to the ZD36 low. An actual interest rate cut
could then fuel the forecast rally, up into the fall equinox.

Of interest is the action of prices within each natural quarter. Prices went one way
from the 2018 fall equinox to the winter solstice, and one way from there to the
2019 spring equinox. Then they made 3 moves between the 2019 spring equinox to the current
summer solstice. The ZD36 forecasts 2 moves between this summer solstice and the
fall equinox, and 3 moves between it and the 2019 winter solstice. Frequency doubling
is a precursor to chaos.

I track the ZD36 forecasts with a 36 day and an 200 day exponential moving average. Right
now the 200 day is sloping slightly up, suggesting the fall highs could again be record
highs. The 200 day EXMA is probably support for an August low. And a last quarter
decline would see the 36 day EXMA cross the 200 to the downside.

There are other reasons I think the S&P high may fade. First, this was a rally
of hope, not one of surprisingly good data. Second, the bull market leaders
are struggling. Third, I see money flowing into gold, dramatically.

My WinXGO forecasting software is available at Moneytide.com

Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic

6/21/2019 2:15:19 PM MT Al****:: late dump by big guys-may even get below 2947 2018 high
6/21/2019 2:03:47 PM MT bew:: Lesson, take profits when you can. If I waited till the close I would have been in the red.
6/21/2019 1:37:19 PM MT Al****:: I just use the S&P
6/21/2019 1:03:18 PM MT bew:: does he produce separate charts for the russell or do you use the SP?
6/21/2019 1:02:51 PM MT Al****:: yeah, the Russel has turned down; the broader marke tis weaker than the S&P
6/21/2019 12:46:33 PM MT EAS:: The S&P got boring, but I trade the Russell and it's been interesting today. I like Al's Moneytides. They affect the Russell, too.
6/21/2019 12:46:33 PM MT erw:: anybody ?
6/21/2019 12:44:36 PM MT erw:: hot line How does it work Do we need to learn courses to benefit from hot line
6/21/2019 12:01:21 PM MT bew:: looks like green tide
6/21/2019 11:58:08 AM MT bew:: red tide or green tide?
6/21/2019 11:55:27 AM MT Al****:: gotten very dull -I'm calling it a day-thanks for coming-see you next week-take some courses
6/21/2019 11:17:35 AM MT Al****:: prices still being pushed down by the red swan; ends the day near 2947, the 2018 high
6/21/2019 11:00:13 AM MT Al****:: that early spike high near 11:00 Eastern suggests selling coming in between 1:30 and 2:30 Eastern, as big trades take profits
6/21/2019 10:26:23 AM MT Al****:: the rally was killed by a combination of down Moon -T315 flus and red swan
6/21/2019 10:21:17 AM MT Al****:: support failed, high may be in
6/21/2019 9:58:37 AM MT Al****:: prices got support from a Mercury flux, at least for now
6/21/2019 9:52:25 AM MT Al****:: the initial rally got whacked by a red swan, which the bulls are fighting to oppose.
6/21/2019 9:44:05 AM MT Al****:: finally, on the Secret->esnat360 chart, this rally started on the 14th on a yellow vibration level; it could reach the yellow level today at 2973. No guarantees, just probabilities from the energy fields.
6/21/2019 9:37:55 AM MT Al****:: On the SPSunMoon chart, you see the Sun electric field flux line H000 near 2970. That represents the solstice, so prices might get there.
6/21/2019 9:33:19 AM MT Al****:: on the SP1Day page are the pivot prices, used by many computer programs run by the Flash Boys (read the book!). They bought the pivot at 2950.83 before the normal session began. They will try to hold to R1 or R2. Today's average slope suggests R1 at 2971.
6/21/2019 9:27:09 AM MT Al****:: You are welcome.
On the SPKISS page the third chart has bars colored by the 20 minute EXMA crossing the 110 minute. Note how the bars turned white just after the vertical lines on esnat72.
6/21/2019 9:19:27 AM MT mjh:: Thanks Al, much appreciate the answer
6/21/2019 9:12:55 AM MT Al****:: erw: the heuristic software that looks at the MooonTides finds the sharp turns in it. It did not call for a trade on the rounded bottom of the red -Tide. On the Secret->esnat72 chart are vertical lines that help find other trade times.

mjh: Other cycles shift seasonal turns. The Moon is the biggest factore, but Mercury and Venus cycles can also cause shifts.
6/21/2019 9:02:37 AM MT mjh:: Al the summer solstice often is not the actual day for a turn its often slightly after, do you know why this is ?? ??
6/21/2019 9:01:19 AM MT erw:: ss 14.06
6/21/2019 8:38:51 AM MT ss:: there are no trade times today?
6/21/2019 7:50:23 AM MT RR:: GM all
6/21/2019 6:51:08 AM MT Al****:: thanks, GON
6/21/2019 6:38:06 AM MT gon:: Hi Al, interesting article, many thanks! https://www.fxstreet.com/analysis/will-record-sp-highs-fail-again-201906211233
6/21/2019 6:22:10 AM MT Al****:: GM all. Good luck today.
Chaos clinic is posted on the AUX page.

9:00 Eastern-System: No comments

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