Only 3 times did it disobey the rule. New moons are white while full moons are grey.
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Since the price on the new moon was 2,543, by January 20th (the next full moon), it will have to be below that for the rule to continue. Right now that would mean a drop of about 50-60 points minimum in the next week.
There is a real and significant phenomenon well-documented in the medical literature that human internal clocks operate on a 13-month, 28-day lunar cycle, dating back to antiquity. This is a natural biorythym and not to be lightly dismissed, there is a strong fluctuation in sentiment and mood that follows lunar phases, which is in turn reflected in trader sentiment- bull/bear. Thanks for posting this fascinating correlation!
Mats000
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I have profited greatly from this. You can see my earlier forecast here:
It's a very interesting phenomenon and I read about this from a Elliot Wave theorist. Thanks for the post. Something for me to analyze.
LandonEconomics
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@gvoommen, No problem, here is another graph I made of the Dow Jones if you are curious:
gvoommen
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Does this mean that on 21 jan it will crash being a full moon day
LandonEconomics
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@gvoommen, This means that the new moon date (yesterday) was the peak, but since the market was not open yesterday, we will most likely see the effects on the market when it initially opens tomorrow. This will bottom out on January 20th (the full moon).
LandonEconomics
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@gvoommen, So, the market will most likely open lower tomorrow.