The major indices, after a lower open, are rallying for most of the rest of the day
7/6 Recap – On Tuesday, the S&P opened with a spread of 25 handles down, then traded another 16 handles down the day at 9:32. From this low, the S&P rallied 59 handles to reach a high at 10:49. From this high, the S&P declined 29 handles to reach a low of 12:16. From this low, the S&P rallied 55 handles to reach a high for the day at 3:54 p.m. From this high, the S&P declined 4 handles through the close.
07/6 – Major indices, following a lower open, rallied for most of the rest of the day for a sharp rise at the following closes: DJIA +264.36; S&P 500 +39.25 the Nasdaq Composite +113.86.
Future Outlook – The next change in the trend window is 6/07 AC – Helio Jupiter parallels Neptune in Pisces. Tuesday’s rally makes it likely that the market will decline on Wednesday. However, a significantly lower opening could short-circuit this scenario. An ideal scenario is a higher opening and trim within the first hour.
The Now index has returned to the NEUTRAL ZONE.
Events to come
(Actions potentially react to all events).
2. D. 07/6 AC – Helio Jupiter Neptune parallel in Pisces. MAJOR change in the trend of the Commodities and Oil index.
F. 6/10 AC – Helio Mars enters Pisces. Important change in the trend of the index of raw materials and oil.
Stock exchange key dates
06/09 = 841 (29^2) days > 02/19/2020 MAJOR HIGH.
06/18 (Sat.) = 17,358 Music festivals > 12/09/1974 MAJOR LOW.
*DJIA – 06/13, 06/27.
Fibonacci – 6/8, 6/16, 6/21, 6/27.
Astro – 6/8, 6/14, 6/15, 6/16, 6/21, 6/28, 6/29, 7/1 AC.
Please see the S&P 500 10 minute chart below.
Support – 4070 Resistance – 4170.
Please see the S&P 500 Daily chart below.
Support – 4070 Resistance – 4170, 4210.
Please see the June Planetary Index chart below with the S&P 500 5-minute bars for the results.