I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low+/-.Friday is the 32 TD low +1.It is also close enough to the 35 TD low due Tuesday next week (35-2).This would then thrust the market up for 4 to 5 TD's based on the minimum normal out of a16/32 TD low and that is an August 18th or 19th top. August 19th is 8 TD's from the August 9 top. August 18th is the exact 66-week top from the May 20/21, 2015 top. IF all goes according to my perceptions, we should see THE top for the year in the stock market next week.
Ideal down side is 2120/21 +/- SPX for Friday and upside SPX 2217/18 +/- for Thursday/Friday next week.This would call for a SEPT 8/9 low in the low 1930's or TD 51/52 from June 27 or TD 50+1 or 2 of the ideal 10/30 week low based on the next moon in Sagittarius lows.
GDX looks like it could fall below $30 by Friday (Monday latest), creating a bull flag and higher prices at least into the $32’s. Good news for gold bugs (at least for now).
Playing the market is a lot like playing chess, you have to figure out what the possible moves are and position yourself accordingly.
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