Wall Street Forecaster

OSS NEWSLETTER & FORECAST

This week's newsletter has been posted at: http://www.oss.cc/oss_FreeServices.asp

OSS MARKET UPDATE

The Astro Trend Graph for the next two weeks shows the indexes heading lower into the Aug 9th area. 
 
The Projected Trend Graph was showing all positives for the week, so I did not put much faith in either 
of them as they conterdicted each other.  The Project Trend indicator appears to be in an inversion, 
and the trend will continue down.
 
With no resolution to the debt crisis, and no signs of a resolution, I am of the belief that there will not
be a resolution by the end of this week.
 
The DJI, OEX and SPX bottomed today near Gann Fan lines with both the DJI and SPX near the bottom line.
 
The DJI and the IWM have closed below their 7/18 lows making them look like their are in wave 3 of a 
downward trend.
 
The OEX is also finding support from the trend line off the lows of 6/23 and 7/18.  
 
This same support level has already been broken by the DJI, SPX, and the IWM.  
 
The OEX has some ground to make up here.
 
We are in the 4th quarter of the Moon this week.  It is the phase of the Moon when large drops are most 
likely to occur.  The Moon reached its max declination today, which is another indicator assoicated with 
market declines.
 
From our calendar studies, we also know that the last week of the month is likely to see more pull-backs 
than rallies.
 
Gold and Silver, after moving higher for a few days, both pulled-back today. The SLV formed a Bearish Engulfing candle.  Another sign the big drops are most likely over with for this week.

Considering the above, I think this pull-back is over for the time being, or at least the big moves are over.
So, it may be too late to profit from OEX Puts this week.
 
Next Wednesday, Aug 3rd, has a "V" indicator of 3!  I will discuss it in mext week's OSS INDICATORS newsletter.
 
--Rob
The Option Signal Service

10 correct predictions for last week

www.oss.cc   The Option Signal Service

“First part of the week should see lower prices”   “Last week’s ‘A’ reversal should carry over into this week”   “A kind of perfect storm for a move lower”.  Monday saw the OEX dip -1.90% at its low.   Gold reversed and hit new highs per Near Term Indicators.   VIX moved higher per Near Term Indicators.   Indexes moved lower per Near Term Indicators.   Uranus S stationary did coincide with a sharp reversal in the indexes.  See chart on page 2   Astro Trend Graphs showed a move down for the Indexes Astro Trend Graphs showed a move up for Gold   Biggest move for the week was Monday which was within 1 day of the lowest “V” rating on Tuesday.

 

Stationary dates for all planets

Planet	Date & Time (GMT)	Sign & Event
Pluto	Apr 06, 2010 09:32	Capricorn   - S/R
Uranus	May 28, 2010 02:45	Aries   - I
Neptune	May 31, 2010 01:35	Aquarius   - S/R
Uranus	Jul 05, 2010 01:55	Aries   - S/R
Uranus	Aug 14, 2010 02:27	Pisces   - R
Pluto	Sep 13, 2010 13:14	Capricorn   - S/D
Neptune	Nov 06, 2010 14:49	Aquarius   - S/D
Uranus	Dec 05, 2010 11:56	Pisces   - S/D
Uranus	Mar 12, 2011 01:21	Aries   - I
Neptune	Apr 04, 2011 09:34	Pisces   - I
Pluto	Apr 08, 2011 16:05	Capricorn   - S/R
Neptune	Jun 02, 2011 14:13	Pisces   - S/R
Uranus	Jul 09, 2011 10:05	Aries   - S/R
Neptune	Aug 05, 2011 08:02	Aquarius   - R
Pluto	Sep 16, 2011 00:52	Capricorn   - S/D
Neptune	Nov 09, 2011 02:35	Aquarius   - S/D
Uranus	Dec 09, 2011 17:06	Aries   - S/D
Neptune	Feb 03, 2012 15:40	Pisces   - I
Pluto	Apr 09, 2012 22:15	Capricorn   - S/R
Neptune	Jun 04, 2012 03:00	Pisces   - S/R
Uranus	Jul 12, 2012 18:35	Aries   - S/R
Pluto	Sep 17, 2012 11:26	Capricorn   - S/D
Neptune	Nov 10, 2012 14:19	Pisces   - S/D
Uranus	Dec 12, 2012 22:15	Aries   - S/D
Pluto	Apr 12, 2013 03:39	Capricorn   - S/R
Neptune	Jun 06, 2013 15:45	Pisces   - S/R
Uranus	Jul 17, 2013 02:58	Aries   - S/R
Pluto	Sep 19, 2013 21:07	Capricorn   - S/D
Neptune	Nov 13, 2013 01:56	Pisces   - S/D
Uranus	Dec 17, 2013 03:31	Aries   - S/D

 

Indexes reverse as Uranus goes stationary

As predicted in last week's newsletter, the Indexes move down sharply as Uranus went stationary.

The Option Signal Service: http://www.oss.cc

Nighly Update

Our "A" reversal last Thursday is working out well.  The OEX has fallen from 603 to 586 (-3%).

Our FST Jul11 27 Put has risen from our entry price of $1.20 to $4.40.

http://www.oss.cc

OSS NEWSLETTER & FORECAST

This week's letter has been posted at: http://www.oss.cc/oss_FreeServices.asp

Good opportunity to short the OEX this week.

--Rob

Daily Forecast

$SPX -- Lower prices early on, then buying the rest of the day.

Daily Forecast

$SPX -- Lots of selling today. The Low will be near the Close.

OSS NEWSLETTER & FORECAST

This week's OSS NEWSLETTER & FORECAST has been posted at http://www.oss.cc/oss_FreeServices.asp.

Why I am bullish Gold and Silver in the last half of July.