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Huge Stock Market Rally Monday, Gold Drops?

Stock-Markets / Stock Markets 2019 Aug 26, 2019 - 05:43 AM GMT

By: Brad_Gudgeon

Stock-Markets

It 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

www.blustarmarkettimer.info

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

Copyright 2019, BluStar Market Timer.  All rights reserved.

Disclaimer:  The above information is not intended as investment advice.  Market timers can and do make mistakes.  The above analysis is believed to be reliable, but we cannot be responsible for losses should they occur as a result of using this information.  This article is intended for educational purposes only. Past performance is never a guarantee of future performance.

Brad Gudgeon Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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