Tag Archives: trading range

Fearless Forecast 2017

A market forecast for 2017?

About a month ago I got just such a request from Timer Digest.

They wanted to know my forecast for the coming year, in terms of what I was anticipating for action in the stock market.

Using The Dow As A Measurement

They wanted things spelled out with specific numbers for the Dow Jones Industrial Average. While I don’t necessarily agree that it’s the best market measurement to use, I went along with the plan.

Here’s what I told Timer Digest:

The General Trend Forecast

We’re anticipating a bullish year in 2017.

We expect to see congested trading from the first of the year through mid-February, followed by an aggressive rally into mid-May.

A well-defined trading range should dominate the summer months, with repeated tests of a stubborn resistance zone.

By late August a fairly sharp sell-off should come into play, lasting until late October.

We anticipate steady bullishness at the end of the year to set new record highs by the close of 2017.

Specific Targets In The Dow

We have a DJIA target of 20605 at the end of the first quarter, 2017.

By mid-year we expect to see the DJIA trading at 22788.

Our target closing price for the DJIA at the end of 2017 is 23823.

A Shameless Plug For Financial Astrology

We base our 2017 forecast on cycles studies and our assessment of the planetary dynamics throughout the year, especially the lunar nodal cycle and the solar eclipses in February and August.

We expect the August solar eclipse to have a particularly strong impact on raw materials and infrastructure concerns, creating short-term market disruption followed by fresh opportunities.

Tim Bost Forecast Cover Timer Digest
The market forecast and trading service at FinancialCyclesWeekly.com and editor Tim Bost were the subject of a special feature in Timer Digest on March 9, 2015

In Retrospect

Right now, as we look ahead to the actual trading results we’ll be getting in 2017, I’m wondering if perhaps I didn’t stick my neck out a little too far with this forecast.

After all, those Dow numbers do seem pretty incredible.

Even so, I’m sticking by my forecast. If the cycle work I’ve done is even close to being correct, an insanely bullish trend is well within the realm of possibility, especially during the first half of the year.

We’ll just have to see what happens.

Another Emerald Tablet Trade for Gold

In the book Mercury, Money and the Markets: Profitable Planetary Cycles for Short-Term Astro-Trading, there’s a description of the Emerald Tablet trading technique for Gold, as well as a complete list of dates between 2012 and 2050 when this trade set-up can occur for the yellow metal.

It’s a simple technique, and one that every astro-trader in precious metals needs to know about.

As the book explains, this unique approach to Gold involves an observation of the trading range on the date of a Sun/Mercury inferior conjunction, and then watching for price excursions beyond that range to set up potential profits on the date of the next Sun/Mercury superior conjunction, when Gold is likely to return to (or at least overlap) the previous trading range.

For example, this phenomenon last occurred between February and April this year, with Gold closing at 1303.60 on April 25 in a return to the 1299.90 – 1321.50 trading range established in mid-February: We are now nearing the completion of another such cycle, with the Sun/Mercury superior conjunction on August 8 likely to see Gold touching the trading range that was established on June 19:

We’ll discuss these charts and review coming price trends during the webinar tonight:

http://www.onlinemeetingnow1.com/register/?id=khyit2bj9c

The Sun Gives Us A Preview of Coming Events

When I talked with Michael Yorba on his Traders Network radio show last week, we discussed the sneak preview that the Sun is providing for us as astro-traders during the first three days of April.

On Tuesday, April 1, the Sun will be in a waxing square to Jupiter. It will conjoin Uranus on Wednesday, and then on Thursday, April 3, it will be in a waxing square to Pluto.

Solar Translation of Jupiter-Uranus-Pluto and S&P
As the Sun (the green diagonal lines) translates the alignment of Jupiter, Uranus, and Pluto (the blue, orange, and navy lines respectively) on April 1-3, it will help define the trading range that we’ll be range that we’ll be referring to on April 21-23, when the T-Square and Grand Cross release their full force. This chart for the S&P 500 shows daily price bars through the close on Friday, March 28.

That translation of the Jupiter-Uranus-Pluto T-Square pattern effectively gives us a glimpse into some of the dynamics we can look forward to on April 20-21, with the precise alignment of that T-Square, and on April 22-23, when transiting Mars will convert the T-Square into a powerful Grand Cross pattern in the cardinal signs of the zodiac.

Here’s the complete recording of my conversation with Michael on Thursday:


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