Интернет-магазин издательства "Мир Урании"

DJIA Cash: Last week's high was above weekly resistance, the low was below weekly support, and the close was back between the two, which is mixed. And the close was also above the weekly trend indicator point for the 8th consecutive week, which means it is remains in a trend run up.

This week's trend indicator point is 11,016. A close below 11,016 will downgrade it back to neutral.

Weekly support is 10,962-10,985. A close below 10,962 is bearish. A trade below followed by a close back above is a bullish trigger.

Weekly resistance is 11,258-11,281. A close above 11,281 is bullish. A trade above followed by a close back below is a bearish trigger.

Bullish crossover zones remain in effect at 10,685-10,731 and 8266-8433.

Bearish crossover zones remain in effect at 12,094-12,161, 12,432-12,496, 12,817-12,856, 13,088-13,254, and 13,825-13,969.

This begins the 17th week of the 13-21 week primary cycle that started July 2 at 9614. It also starts the 9th week of the second 7-11 week half-primary cycle following the 9936 low of August 27. There is another possibility too, as discussed last week, and still in play: "The low of August 27 may have been a major cycle trough instead of half-primary. The low of October 4 may have been a major cycle trough too. It doesn't show well in the DJIA as it does in other world indices. If so, then this is the 2nd week of the third and final 5-7 week major cycle phase. But either way, we are in the time band when a primary cycle crest is due, and so is a 2-5 week decline to the primary cycle trough." If this is the third major cycle, it starts the third week of it. Thus cycle studies suggest that we are on the verge of a sharp 2-5 week decline to the primary cycle trough.

But geocosmic studies are not so clearly bearish right now. In fact, Mars is about to move into Sagittarius, which can coincide with a very spirited rally. Maybe it doesn't start right away. Maybe there is a 2-5 week decline first from the 11,213 cycle high so far of last Thursday, Oct 21. After all, that was right into the Oct 21-22 critical reversal zone. Additionally, Venus is still retrograde, and oftentimes there is at least a 2-week counter-trend\ move before it goes direct on November 18. But my concern is also with Jupiter and Ur anus still in close proximity to one another through early January. And with Mars in Sagittarius, then can become a runaway train with no stops.

Technically we note that daily stochastics are popi9nting up, but oversold and at a lesser mark than they were a few days back when prices were lower. That is, we may be seeing a case of bearish oscillator divergence forming here, if stochastics can now fall below 71%. Our best case scenario would be for a 2-weeek decline now to a primary bottom, and then re-start the Asset Inflation Express upwards.

Longer-term, as stated last week, "I think this market could exceed that April 26 high of 11,258 and make a Lorusso 5-point reversal pattern. Underlying strength is shown by the presence of Jupiter and Uranus in orb of conjunction, and both soon to re-enter the bullish sign of Aries, January-June 2011. I think 13,000 or so is possible in the first half of next year." We got to 11,213 on Thursday and that is in the range of a double top to the yearly high in April at 11,258. That too could provide the signal for a 2-3 week decline to the primary cycle trough - unless this freight train just isn't going to stop, which Mars in Sag and Jupiter-Uranus conjunct could support. We will still look for a 2-5 week decline that is a correction of the entire move up since July 2, 2010, to complete this primary cycle, sometime by November 22.

Lunar cycles for this week are as follows. Anything above 120 means there is a higher than expected probability of a reversal from an isolated high or low. The more *, the more likely a reversal. The more #, the less likely a reversal:

Strategy: Position traders are still advised to wait for a 2-5 week decline to a primary cycle trough, and then prepare to go long, as we look for the next primary cycle to be even higher, and maybe testing all-time highs by March-June 2011.

Aggressive traders are now short with a stop-loss on a close above 11,200. Look to cover if prices drop to weekly support. You may also look to reverse and go long anywhere between 10,913-10,984, with a stop-loss on a close under 10,700, or two consecutive closes below 10,912.

SPZ (Dec S&P): Last week's low was below weekly support and the close was back above, which is a bullish trigger. And the close was also above the weekly trend indicator point for the 8th consecutive week, which means it is remains in a trend run up.

This week's trend indicator point is 1164.60. A close below 1164.60 this week will downgrade it back to neutral.

Weekly support is 1162.10-1165.30. A close below 1162.10 is bearish. A trade below followed by a close back above is a bullish trigger.

Weekly resistance is 1192.50-1195.70. A close above 1195.70 is bullish. A trade above followed by a close back below is a bearish trigger.

Bullish crossover zones remain in effect at 889.55-902.40 and 791.10-791.25.

Bearish crossover zones remain in effect at 1384.80-1388.55, 1456.15-1473.80, and 1540.35-1559.60 in the nearby contract.

This starts the 16th week of a 15-23 week primary cycle following the 1003.10 low of July 6. It also starts the 8th week of a 5-8 week major cycle trough, or 8-11 week half-primary cycle trough, following the 1037.50 low of Aug 31 in the nearby contract. If it is the major cycle, then a decline into a low this week is due.

Like the DJIA, the SPZ also made a new cycle high on Thursday, right into the Oct 21-22 critical reversal zone. If that holds, then we need to see a decline to touch or exceed the 25-day moving average, now at 1153.95 and rising about 2.40.day. I would not expect it to close two consecutive days below the former neckline of the reverse head and shoulders, which comes in about 1120-1123 now. Like the DJIA, the stochastics did not make a new high as prices did on October 21, so there may be a case of bearish oscillator divergence developing here, if stochastics turn down below 71%.

Strategy: Position traders need to wait for a 2-5 week decline to a primary cycle trough and then look to buy.

Aggressive traders are now short between 1174-1180 with a stop-loss on close above 1190. But aggressive traders may look to cover and buy a major cycle trough of prices drop to at least test the 25-day moving average, but not close below 1120 (that is your stop-loss).

NDZ (Dec NASDAQ): Last week's range was between weekly support and resistance, which is neutral. And the close was above the weekly trend indicator point for the 8th consecutive week, which means remains in a trend run up.

This week's trend indicator point is 2052. A close below 2052 will downgrade it to neutral.

Weekly support is 2069-2078. A close below 2069 is bearish. A trade below followed by a close back above is a bullish trigger.

Weekly resistance is 2122-2131. A close above 2131 is bullish. A trade above followed by a close back below is a bearish trigger.

Bullish crossover zones remain in effect at 2046-2049, 1981-1982, 1905-1909 and 1649-1662.

This starts the 17th week of a newer 15-23 week primary cycle following the 1718 low of July 1. It also starts the 9th week of the second 8-11 week half-primary cycle, following the 1743 low of Aug 27, unless it formed on October 4, the 6th week, at 1961. If it did, then this is the 3rd week of the third 5-8 week major cycle phase, and it could top out at any time, to be followed by a sharp 2-5 week decline. In fact, the 2105 on Friday's critical reversal date could be the major and/or even primary cycle crest. That reversal is due from a crest no later than this Wednesday if it is to happen at all. If prices turn down here, it will also become a case on bearish oscillator divergence. If not, then our upside target for this primary cycle crest remains 2150-2200. Our downside support remains 1912-1918.

Strategy: Positions traders must wait for a 2-5 week decline to a primary cycle trough to buy, with a stop-loss on two consecutive closes below 1912.

Aggressive traders may look to sell short now with a stop-loss on a close above 2150 or 2130, depending on your risk allowance.