May 2010 Stock Market Forecast
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May 5 to June 5, 2010
This is the Yin Metal Snake Month. First half likely to see profit taking. Though second half likely to see strength, be prepared for surprises (weakness) as this is the Snake Month.
Favourable industries/sectors:
Financial Astrology:
Watch theses dates:
May 11 – Mercury direct
May 14 – New Moon
May 23 – Jupiter oppose Saturn
May 28 – Full Moon, Uranus enter Aries
May 30 – Saturn direct
Technical Analysis:
US Market: ??
Oops! Will markets continue to decline? Forget about Elliott Wave Counts for the time being, they keep changing, dun know up or down! Focus on the Trend! How?
Watch the Regression Trend Channel. S&P 500 is still within the Uptrend Channel. Watch if it breaks 1180-1150 for change in Trend.
Lookout for weekly updates and updates to above when received.
What my Stock Market Time Clocks Say?
Be careful. May 3/4 is a possible critical turning point. Watch where the markets go from here. Oops!
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