|

The major indices have a mixed day with S&P 500 etching a small to moderate down day

Recap 6/14 – Tuesday, the S&P opened with a 14 handle gap up and then declined 14 handles into a 9:41 AM low. From that low, the S&P rallied 28 handles into a 10:00 AM high of the day. From that high, the S&P zig zagged 51 handles into a 12:40 PM low. From that low, the S&P rallied 36 handles into a 1:23 PM high. From that high, the S&P declined 57 handles into a 3:19 PM low of the day. From that low, the S&P rallied 43 handles into a 3:49 PM high. From that high, the S&P declined 9 handles into the close.

Chart

6/14 – The major indices had a somewhat mixed day with the DJIA and S&P etching a small to moderate down day. The Nasdaq finished with a very small up day. Here are closes: DJIA - 151.91; S&P 500 - 14.15; and the Nasdaq Composite + 19.12.

Looking ahead - Our next change in trend window is 6/14 AC with three Astro events. Please see the details below.

The Now Index had retreated to the BUY ALERT ZONE. It indicates that there is a moderate imbalance of many shorts. It is not an outright buy signal. The two recent BUY signals were not effective.

Coming events

(Stocks potentially respond to all events).

3. B. 6/14 AC – Moon’s North Node 45 US Jupiter. Moderate change in trend US Stocks, T-Bonds, US Dollar.

C. 6/14 AC – Jupiter 45 Moon’s North Node. Moderate change in trend Cattle, Cotton, Oats, Silver.

D. 6/14 AC – Jupiter 90 US Jupiter. Major change in trend US Stocks, T-Bonds, US Dollar.

4. A. 6/16 AM – Mercury Maximum Elongation West. Major change in trend Corn, Oats, Soybeans, Wheat.

B. 6/17 AC – Saturn Parallel Neptune. Major change in trend Coffee, Copper, Commodity Index, OIL.

C. 6/17 AC – Mars Perihelion. Major change in trend Corn, Gold, Oj.

D. 6/17 AC – Jupiter Contra-Parallel Latitude US Neptune. Major change in trend US Stocks, T-Bonds, US Dollar, Oil.

Stock market key dates 

Market Math

6/18 (Sat.) = 17,358 Music days > 12/09/1974 MAJOR LOW.

*DJIA – 6/27.

Fibonacci – 6/16, 6/21, 6/27.

Astro – 6/14, 6/15, 6/16, 6/21, 6/28, 6/29, 7/1 AC.

Please see below the S&P 500 10 minute chart.

Support - 3700, 3650 Resistance – 3790.

Chart

Please see below the S&P 500 Daily chart.

Support - 3700, 3650 Resistance – 3790.

Chart

Please see below the June Planetary Index chart with S&P 500 5 minute bars for results.

Chart
Chart
Chart
Chart

Author

Norm Winski

Norm Winski

Independent Analyst

www.astro-trend.com

More from Norm Winski
Share:

Editor's Picks

EUR/USD tests nine-day EMA support near 1.1850

EUR/USD inches lower during the Asian hours on Monday, trading around 1.1870 at the time of writing. The 14-day Relative Strength Index momentum indicator at 56 stays above the midline, confirming improving momentum. RSI has cooled from prior overbought readings but stabilizes above 50, suggesting dips could stay limited before buyers reassert control.

GBP/USD flat lines as traders await key UK macro data and FOMC minutes

The GBP/USD pair kicks off a new week on a subdued note and oscillates in a narrow range, just below mid-1.3600s, during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution for aggressive traders as the market focus now shifts to this week's important releases from the UK and the US.

Gold buyers hesitate amid holiday-thinned trading

Gold trades volatile, but within range, as US, China holidays-led thin trading exaggerates moves. The US Dollar extends range play into the US GDP week, with markets pricing at least two Fed rate cuts this year. Technically, Gold tests key support at $5,000; daily RSI still remains bullish.

Top Crypto Losers: Dogecoin, Zcash, Bonk – Meme and Privacy coins under pressure

Meme coins such as Dogecoin and Bonk, alongside the privacy coin Zcash (ZEC), are leading the broader market losses over the last 24 hours. DOGE, ZEC, and BONK ended their three consecutive days of recovery with a sudden decline on Sunday, as crucial resistance levels capped the gains. Technically, the altcoins show downside risk, starting the week under pressure.

Global inflation watch: Signs of cooling services inflation

Realized inflation landed close to expectations in January, as negative base effects weighed on the annual rates. Remaining sticky inflation is largely explained by services, while tariff-driven goods inflation remains limited even in the US.

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.