It looks like we are having a very weak lunar Green Period. The market rebounded early in the week but has given up the gains already.
This confirms that the path of least resistance is now down.

Let’s take a look at the S&P 500 chart again (click for larger image):

S&P 500

With a new lunar Red period coming up, I would look for the market to fall further over the next couple of weeks.
First target is 1340 and then 1300.

Be well, Danny

By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.

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