A timed chart for the May 17 1792 NYSE Radical Chart

[SteveS]

The Dow made a daily reversal to the downside today May 20 on a Gann Sun Date after making new all-time highs. Let’s see if we see a weekly reversal by close this Friday.

[SteveS]

A weekly reversal has now been confirmed in the Dow from a very important Gann Seasonal Sun Date of Monday May 20th. A link below shows this weekly reversal. Put your cursor on May 20 and you can clearly see this important weekly reversal with the Dow closing down app a thousand points at 39,069 from its all-time high on of 40,077 made on May 20 2024. Cursoring to different bars on the chart will change the daily dates seen in the top upper left side of the chart.

https://www.barchart.com/stocks/quotes/ ... tive-chart

What could this all-time high made on a very important Gann Sun Date with a weekly reversal mean mean for the NYSE? We need more time to know for sure, but my research done in the 70s with these Gann Sun Dates indicates higher % that a calendar year high has been made. If so, expect volatile price swings but the all-time high made at 40,077 could very well prove-out to be at least a yearly high. TIME only knows for sure.

An all-time high was also made in the Gold market on Gann's May 20 Sun Date. You can pick-up more details at this link: https://www.solunars.com/viewtopic.php? ... 025#p60025 which partly apply the same with the Dow's May 20 Gann Sun Date all-time high.

[SteveS]

FWIW, I want to share a few observations about the NYSE which I have found very interesting.
1: I have a system of following certain people who keep-up in detail what the billionaires and CEO’s of certain important institutions are doing in the NYSE. As a whole they started selling their positions beginning last Feb/Mar. Warren Buffet is the most bearish he has been on the market for many years, not interested for entering the market in a big way until he sees a large correction, 25-40 %
2: May 20, a Gann Date, we saw a major technical weekly bearish signal in the Dow.
3: My good friend who is part owner of a cafe located in very popular vacation destination told me last week vacation bookings for next 6 months is down 22%. He is shocked and stunned and has never seen an economic situation like this since he opened his café in 1999.
4: Later, I will discuss a possible most bearish aspect in the May 20 NYSE SSR.
This is strongly suggesting to me there is going to be a hard landing economically sometime in the next several months, or something bad is going to happen mundanely which will spook the market. Time only knows for sure.

[SteveS]

With my serious research into Gann’s Master Charts with their exact dates, I know for sure the DOW is, for lack of better words, vibrating to Gann’s Master Square of 4 Chart, or the even numbers. This means the 24 Dates surrounding this chart beginning with 0 at the yearly Spring Vernal Point, producing a new date every 15 degrees are the Master Gann Dates to track for possible major tops & bottoms, but only when the DOW is making all-time highs or lows on the yearly price charts, this is a key to clearly understand. In the rare case when the DOW makes a new all-time historical high these Gann Dates become even more important to track for possible major Tops or Bottoms; this happened in the DOW on the exact Gann Date, Monday May 20th 2024. This means there is high probability the DOW has made a major Top which will not be violated on the weekly charts for many months or years. This DOW Gann Date historical high in price was made at a price of 40,077 on Gann’s Date of May 20, 2024, so this all-time historical high for the DOW at 40,077 should be watched closely. If soon, within a few weeks, if we see a close above 40,077, only on the weekly price chart, the DOW will be primed to go much higher, if not, then the DOW will be primed to go much lower over the coming months. Normally, when we see a major historical all-time high TOP on an exact Gann Date, price action becomes very volatile.

What could this highly possible major Gann Date Top on May 20, 2024 mean for the DOW? My best guess is the DOW could be seeing a Recession on the Horizon. I will post more later about this Recession possibility with the symbolism of the solar moon with its solar and natal aspects pertaining to the May 20 SSR for the NYSE.

[SteveS]

Jim, after our discussion yesterday I went to my library in my office and found this in the Introduction written by Alphee Lavoie of the second printing (2008) of Louise McWhirter’s book “Theory of Stock Market Forecasting:”

Louise always mentioned that the New York Stock Exchange chart of May 17, 1792 had 14 Cancer rising and a Pisces Midheaven (Tropical Z). I immediately knew that the chart she was using was a good one. I spent some time checking the validity of this chart and rectified the time to 7:52 a.m. in New York City.

So, Louise NYSE chart of 14 Cancer rising (tropical) gives a time of 7:52:42 A.M. Nowhere in Louise book does she give a reference for the NYSE Chart she was using, which I find a little strange. The first printing of her book was 1938. I do know this for sure: My Gann notes where I got the 7:52 A.M. time posted in this thread was written down in the late 70s, but as I have stated I have no idea where I got this 7:52 A.M. time. When I was doing my inrense research on the Gann material I came into contact with a-lot of people who were familar with Gann's work, but as I have stated in the late 70s I had done very little astrological study.

[Jim Eshelman]

It was probably LMT, then... Though we can't be sure. I still suggest you run historic transits across the angles.

[SteveS]

Will do Jim.

[SteveS]

Warren Buffet is the most bearish he has even been on the stock market. Go to 2:55 of the following link to hear this statement which came out about a month ago, before the Gann Date of May 20. It’s not only Warren Buffet who is out of the market, but many other billionaires have exited the market this spring along with many well informed CEO’s like Jamie Diamond of J.P. Morgan Bank.

https://www.youtube.com/watch?v=y6aeiAYadeA

IMO, the May 20 SSR for this NYSE Chart has high probability for forecasting a Recession to hit full blown sometime during its 2024 solar year with its solar moon aspects to solar planets and natal planets. I will be discussing this solar moon set-up with its market possibilities later to demonstrate its value with Jim’s Sidereal Astrological teachings with Sidereal Solar Return charts.

[RingsOfSaturn22]

but many other billionaires have exited the market this spring along with many well informed CEO’s like Jamie Diamond of J.P. Morgan Bank.

Jamie Dimon has also recently announced that he will be stepping down as CEO within the next couple of years.

https://www.reuters.com/markets/us/jpmo ... 024-05-29/

[SteveS]

Yes Rings, I knew this about Jamie —saw it on a you-tube video---has been saying for months the market(s) are heading for big troubles, just a matter of time—the worst fundamentals he has seen in his lifetime---I think he sold all of his J.P. Morgan Stock in March.

[SteveS]

At first, we bask contented in our Sun
And take what daylight shows us for the truth.
Then we discover….
Alfred Noyes

One of my greatest discoveries is Jim’s teachings on Return Charts with Sidereal Astrology principles. No doubt in my mind this personal discovery for me contains much foresight truths for myself, relative to my living environment---my World. Jim’s book “Interpreting Solar Returns” is still the greatest astrological book I have ever studied and believe me I have read many astrology books.

I now want to get into the NYSE 2024 SSR particularly with Jim’s teachings from his book about Solar Moon’s. Solar Moon’s with Jim teachings are one of the most fascinating principles I have ever studied. I am still experimenting and learning with mundane charts for a First Time Trade (a true Radical Chart) but have seen enough evidence with this NYSE chart-- it performs well with some of the principles from Jim’s book. Since Jim teaches a Solar Moon with its aspects no matter where it falls on the SSR wheel should be treated with the potency as if it was angular, if this SSR Moon with its aspects is going to manifest, it could become very nasty for falling prices during the solar year. I will be treating this 2024 NYSE SSR Moon as an “outstanding incident” Solar Moon with its following aspects to solar & radical planets—here they are:

NYSE 2024 SSR Moon 05,Lib37; SSR Pluto 06Cap56; r. Neptune 05Lib51; r Saturn 04Ari31.

Folks, no doubts this is a potentially lethal bearish aspected SSR Moon according to the guidelines in Jim’s book, and could be confirming what many large savvy market investors have been saying in the last few months: The market (NYSE) is headed for trouble with good possibilities of an economic Recession. And now with my recent observation of an exact Gann Date top on May 20 2024 with a subsequent drop in prices, we may be seeing the early manifestations of this very malefic 2024 SSR NYSE Moon. Fortunately this NYSE SSR also has nice Jupiter action-- so even if we see a full blown manifestation of this malefic SSR Moon with severe falling prices, we have a proactive Federal Reserve who can quickly drop interest rates-- which will definitely be a benefic influence for the markets. Time will tell.

[SteveS]

Based on my recent/limited successful experimentation with Jim’s guidelines for “outstanding incident” return charts applied to the NYSE Radical Chart; and, only if the DOW does not close on the weekly charts above Gann’s Sun Date Top of May 20 2024 at 40,077 between now and election, the Dow’s Nov 13 2024 “outstanding incident” Sidereal Solar Return (SLR) has high probability for a buying opportunity, if oversold technical indicators are in place. Gann’s seasonal Sun Dates may offer an important bottom to the exact day in Nov.

[SteveS]

Only IF the nearest S&P 500 Sept futures contract closes below 5502 today, Friday June 21, it will be a weekly reversal. If this happens it could be of particular importance for the near term-- this occurred after a daily reversal yesterday on an important Gann Date of June 20, the Summer Solstice.

[SteveS]

No technical weekly reversal in the S&P so probably no big deal for a possible Summer Solitise short term top.

[SteveS]

IF the Fed happens to lower interest rates soon (July/Aug), I am allowing a 50% probability of a blow-off bubble top.