Huge Stock Market Rally Monday, Gold Drops?
Stock-Markets / Stock Markets 2019 Aug 26, 2019 - 05:43 AM GMTIt has been a while since I have posted. I believe after the huge stock market drop on Friday that we have even a bigger move up Monday like 4%. The mining shares GDX could fall 12%.
This is quite a prediction and a bit ball-zy I know, but my system (astro,cycle,wave,technical analysis) seems quite clear to me. It may be the G7 Meeting, it may be something else, but that is what I see.
The charts below of the SPX, GDX, GLD and SLV gives my perspective for the short term into Sept 3 for the stock market and out to 2024 for GDX, Gold and Silver.
As you can see, I believe this expected stock rally Monday will be termed a bear rally as I believe we should be near SPX 2424 by Sept 3. Yes, I’m looking for a crash. The Sun/Mars conjunction due Sept 2 and the numerous trines that weekend with all the astro-planetary dealings in Virgo dealings up until August 30 with the new moon and my current e-wave look, wow.
Anyway, enjoy the ride ahead! There is a lot going to happen between now and late next year I see; lots of trading opportunities in both stocks and the precious metals both up and down.
Brad Gudgeon
Editor of The BluStar Market Timer
The BluStar Market Timer was rated #1 in the world by Timer Trac in 2014, competing with over 1600 market timers. This occurred despite what the author considered a very difficult year for him. Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The website is www.blustarmarkettimer.info To view the details more clearly, you may visit our free chart look atwww.blustarmarkettimer.com
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