12/19/09

Christmas rally under Mars in retro

Previous dates Mars was in retro:
May 11,- July 19,2001; S&P lost 147 points
July 29- Sept 27,2003;  S&P gained 96 points
Oct 23- Dec 10,2005;   S&P gained 100 points
Nov 15- Jan 30,2008;    S&P lost 140 points
Dec 21- March 9,2009;  ??                 ??
It's obvious we cannot rely on only one planet when we whish to analyze the markets' direction.

Everybody is waiting for the "Christmas rally". Is it here?? The markets bottomed on Dec.18, stopped by Saturn, in case of the Dow, at 10264. As you can see in the graph attached, my target is now 10662. During the next days the moon is getting closer to Jupiter-Neptune and Uranus, planets that usually push the markets up, when in harmonic angle.


S&P target 1127:


We will have to see how the east will open tomorrow.
China looks really bad, since it has fallen with a Gap. Now the support is at 2900.
Australia is at the edge.Should climb above 4930 in order to meet the rally.


With the Nikkey there could be two scenarios: 1) it'll behave as in the green circles, double bottom and go up, in this case my target is 11865- 12130,or 2) it can build a head and shoulders pattern, by falling to the low of Nov 27, and completing the pattern, and then the target would be: 7333.For the meanwhile the oscillators show that the 1 scenario is more likely.


My target for the Gold was 1297, but it got only to 1226. In the weekly graph we can see that it corrected, and fell to 1096, but it is still in the positive area, above the MA13, RSI at 68,Macd at it's 2 leg. My target now is:1400-1425



Good luck to all, and Merry Christmas!


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43 comments:

  1. Hi Gaby,

    Very good post! I will wait for 1127 spx and come out. Mercury retro Dec 26 to Jan 15. I feel this will be corrective period and then we go up again. So from 1127 to around 1070 and then climb back again to reach 1200+ .. what do you think of this analysis?

    I had inversted in gold around 1120 .. obviously its down right now but I will hold for now.

    Thanks,
    Yash

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  2. Hi Gaby,

    Is it possible for you to confirm or give indicaiton that correction will occur after 1127 and that will be starting around Dec 24/26 ?

    Thanks,
    Yash

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  3. hey Yash, it seems that we shall not reach 1127 today, but there is always a tomorrow. so it might try again to reach my target. However, due to lower and lower volume, it seems fit that it'll melt down at Christmas.

    Lots of luck!

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  4. Thanks Gaby. I am going exactly by your advice. Will wait for tommrrow and day after maximum with long and then exit. That is dec 23 exit long and see what happens on Dec 24.

    Yash

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  5. Don's forget to use stops!

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  6. Hi Gaby,

    Hu Hu .. we are going to 1127 ! .. I did not follow you in early November and burnt myself with some shorts .. now going as per your advice! .. Thanks... Hope we get correction after 1127 towards 1070 or so and I can jump in again on long side.

    Thanks,
    Yash

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  7. S&P might rise to 1132, but be aware of the volume!!

    ReplyDelete
  8. Hi Gaby,

    Oh .. so upwards upto 1132 is possible? But after that you expect some correction to go to 1070-1080 at least before going towards 1200?

    Thanks,
    Yash

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  9. Hi Gaby,

    Also your main website has update saying change in trend Dec 24. Are you still suggesting current uptrend will top on Dec 24? and then prices may be 1127 to 1132?

    Thanks,
    Yash

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  10. The S&P pulled back now to 1114, there is a support line. If it'll continue to go up, then it'll reach 1132, and THEN turn down. I figure 24th is a change in trend. Parallel to the indexes one should have an eye on FAZ. if it climbs up with a b i g volume, it's a sign for a change in trend.

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  11. Hi Gaby,

    Thanks.. I am learning day by day with your posts. Once it turns we can discuss how much down it will go? For now I will set longs to exit at 1132 and/or Dec 24 max.

    Thanks,
    Yash

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  12. Hi Gaby,

    so far so good. Target is on target for today.

    My dear India zoomed today after many days!

    Any idea on gold. Since its gone below 1105 your support, are you still looking for 1400 target?

    Thanks,
    Yash

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  13. Hi,
    MArkets closed early today, and tomorrow there is no trade. How about the 25th? will the markets open for one day? Anyway, this means that we here in Israel are in a "vacuum" and the market can rally, without interference from abroad. So I guess we will see here new highs, more so because tomorrow is the year's last option expiry, and because everybody is ready for a fall.:)
    About the gold? the more it falls the more it'll go up, and yes, I still expect 1400.
    Merry Christmas to you all, and Happy new years.
    I whish 2010 would bring peace to us all.

    Shalom

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  14. Hi Gaby,

    I am confused. US is not closed tommrrow. Is your market closed tommrrow? I don't see vecation day for tel aviv market tommrrow.

    I sold half of longs today.

    Dec 24 change in trend - was it up or down? I thought it was down after reaching 1132 but it never reached that high yet.

    So I got confused.

    Thanks,
    Yash

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  15. We had a very energetic day here, reached new high, which was stopped by Saturn. I see there was a short-day market in the US. Let's see what happened?
    The Dow continued to go up, made a top at 10522, this is the 5th week that it does not go higher. As I wrote before, mind the volume! and it sure went down. So we have here a negative divergence. Yash, it's good you sold half of your longs. ...
    The S&P reached my previous target,but here too each day with a lesser volume.
    The Gold made a bottom at 1074, it's time to go long here, with a stop at the last bottom.

    Have a great week end under the tree!

    ReplyDelete
  16. Hi Gaby,

    I sold all my longs yesterday except gold and foreign funds (india). Will add more gold longs on Monday.

    I am sure correction is coming next week. Questin is how deep it will be. I don't think entire rally is over yet so should give chance to go long again.

    Do you have target in mind on downside?

    Thanks,
    Yash

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  17. Yes, you are right, the rally is not over yet. We can look for downside targets only after the Dow will fall below 10235.

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  18. Hi Gaby,

    we are turning or not in short term? I am out of long and have some shorts which I would like to come out in correcton so that I can go all long soon in Jan.

    Thanks,
    Yash

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  19. Hi,
    S&P reached my target, topped at 1130. Now it is correcting. There is an open Gap since 24.12.This gap should be closed. Thus I think it'll fell to 1121.50, and turn up again. keep your stops very tight.
    Gold found bottom at 1074, stop should be at 1090, and go long from here.
    Dow topped at 10551, is moving in a channel, I am watching the 15 minutes graph. Support is at 10490. If it fells below this level I shold reconsider the next steps.

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  20. Hi Gaby,

    So only 9 points correction in spx? I read somewhere 45 days cycle is topping (or topped at 1130) so now correction should take us to 45 days avearage spx before going above 1130 again.

    I won't be wiping out my current loss in shorts at 1121 although I avergaed some at 1125 today.

    Thanks,
    Yash

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  21. target.... 1150 s&p500 and 10800 DJones my forecast timing 12/01/2010

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  22. Hi Gaby,

    are above your target or someone else posted. I am still puzzled if we are going to higher above 1030-1033 before any decent correction like to 1090 or so?

    Thanks
    Yash

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  23. No, someone else posted. I am glad more people read and write here. Now that the Dow opened with a gap, my target is, if it'll climb above today's top: 10637-10675.

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  24. Hi Gaby,

    So we are keep going up? I was thinking one small correction is due now before we go more higher and higher.

    Thanks,
    Yash

    ReplyDelete
  25. Hi Gaby,

    Most of world is red. US seems to open red too. I think we are going for some correction now. My figure is around 1090 which is 45 day MA and around lower BB band too.
    What do you think?

    Thanks,
    Yash

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  26. We were light green...closed+0.20 up. If the low of 1122 breaks,target 1118. So I think 1090 is rather far as yet.

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  27. Hi Gaby,

    Tommrrow we have partial lunar eclips. Do you think it will push markets downwards?

    Thanks,
    Yash

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  28. Hi Gaby,

    1118 is lost. Are we going to 45 day average or lower BB ?

    Thanks,
    Yash

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  29. Hi Gaby,

    In Jan artcile no India?

    Thanks,
    Yash

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  30. unfortunatly, the software I get the graphs from, ceased to give quotes for India.

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  31. target 1150 Sp500 and 10800 DJ
    The SHAMAN :-))

    ReplyDelete
  32. Hi Gaby,

    Thats bad. They are ignoring one of the good markets!

    The cycle guys I follow are looking for short correction back to ma18 which is 1115 right now before going up again towards 1170.

    short term bottom expected in next 2-3 days.

    What do you think?

    Thanks,
    Yash

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  33. I just wrote as ar as SP500 target 1150 and as far as DOW Jones target 10800 ... timing 12/01/2010... I believe before joining these targets we will not see a market inversion ... I just wrote all in the chat in december ... By by The indian Shaman

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  34. Hmmmmm, We"ll see. Why the 12th? Although we will have a Sun- Venus conjunction on the 12th,I do not think it is enough to turn the market.

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  35. I am still hoping for some short correction to pull back to MA18 prices in next 2 days. If not I need to think of jumping in on long side. Also if it breaks above 1140 I am not sure why it will stop at 1150. It should come to 1166-1170 range before reversing in my opinion.

    Yash

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  36. The MA18 is at 1120 today in the S&P500. The index now is at 1139.18. The planetary support is at 1137.65. The resistance is at 1144.61.
    These numbers are valid for today. every day the support and resistance changes, with the movement of the plantes. Today the is a disharmonic angle between Mars-Uranus, so I doubt the resistance line will be broken. More possibility for a change down.

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  37. Thanks Gaby. I missed Dec 31 close as I went for afternoon nap and it collapsed in last half an hour. Seems to be good swing low on Dec 31.

    Yash

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  38. TARGET 1150 Sp500 HIT in the indicated date 10-12 Jan

    The shaman

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  39. Yes, indeed :) congrats!!!
    Now what??

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  40. I get another date for turning point: January 17. it's 317 days from March 6th low.

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  41. Hey, Shaman...? Can you elaborate how did you get to the date of today? I understand the 1150-it's a corner no. in Gann angle. But how did u get the date?

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  42. Did you see Russia today. Jumped 10%

    Yash

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  43. In my December forecast about the markets, I market a target for Russia: 2590 :). Somebody read my aricle over there :)

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