The major indices have a gradual zig-zag uptrend to finish with a moderately strong up day

Recap 5/25 – Wednesday

The S&P gapped open down 12 handles and then declined another 5 handles into a 9:30 AM, first minute low of the day. From that low, the S&P rallied 54 handles into a 10:38 AM high. From that high, the S&P declined 42 handles into a 12:37 PM low.  From that low, the S&P rallied 37 handles into a 2:02 PM high. From that high the S&P had a quick and sharp 32 handle decline into a 2:07 PM low. From that low, the S&P rallied 67 handles into a 3:13 PM high of the day. From that high, the S&P declined 29 handles into a 3:50 PM low. From that low, the S&P rallied 10 handles into the close. 

5/25 –  The major indices, had a gradual zig zag uptrend to finish with a moderately strong up day per the following closes; DJIA + 191.61; S&P 500 + 37.25; and the Nasdaq Composite + 170.29. 

Looking ahead  – We have a change in trend point due 5/24 AC when Geo Mars changes signs by entering Aries.  Given Wednesday’s rally, be on the watch for a possible high, ideally Thursday AM, but no later than Friday AM.  Please see details below.

The Now Index is now in the NEUTRAL ZONE.

Coming events

(Stocks potentially respond to all events).                   

3.   B. 5/24 AC –  Geo Mars enters Aries.  Important change in trend Corn, Gold, OJ, Silver, Sugar, Wheat.

C. 5/27 AC – Mercury Aphelion.  Major change in trend Corn, Oats, Soybeans, Wheat.

D. 5/27 AC – Jupiter 45 US Moon.  Moderate change in trend US Stocks, T-Bonds, US Dollar.

E. 5/27 AC – Jupiter Parallel Latitude Neptune.  Major change in trend Commodity Index, Oats, Oil.

F. 5/27 AC– Helio Saturn Contra-Parallel Uranus.  Major change in trend Cattle, Coffee, Copper, Cotton.

D. 5/27 AC – New Moon in Gemini.  Major change in trend Financials, Grains, Precious Metals.

Stock market key dates

5/28 (Sat.) = 8,100 (90^2) days > 3/24/2000 MAJOR TOP.

Fibonacci – 5/28.

Astro –   *5/27*. 

Please see below the S&P 500 10 minute chart.    

Support  – 3960   Resistance – 4010.

Please see below the S&P 500 Daily chart.                                             

Support  – 3960   Resistance – 4010.

Please see below the May Planetary Index chart with S&P 500 10 minute bars for results.

Source: FXStreet – Norm Winski – Independent Analyst

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