Friday, January 18, 2019

Solar & Lunar Eclipse

On January 4,2019 there was a post on the Eclipses used by Paul Macrae Montgomery (RIP).
The following was written.

The Solar Eclipse will occur on Sunday January 6th.
The Lunar Eclipse will occur on Monday January 21st.

The Solar Eclipse seems to be a bullish event.
With the DJIA advancing 746.94 points today, it wasn't a total surprise including the recent rally off the December 2018 low.

The Lunar Eclipse seems to be a bearish event.
But that will remain to be seen.


Based on the rally this month, it is obvious that the original theory during the period between the Solar and Lunar Eclipse inverted and Monday January 21,2019 may turn out to be a high.  Note that the market is closed on Monday 1/21/19 for Martin Luther King Day.


CORRECTION:
The Solar Eclipse generates a bullish event between the Solar & Lunar Eclipses.
Then the Lunar Eclipse generates a bearish event after its Eclipse. 
We will see what happens this time after the Lunar Eclipse.
Since we are in a bullish phase of the Picasso Cycle, if a correction does materialize after the Lunar Eclipse, it may not be similar to the last one.  During the last one the Picasso Cycle was in a bearish phase.  So, IMHO, that maybe why it was more severely bearish at that time.  Let's wait and see and take our cue from the market.   


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This has been posted for Educational Purposes Only.    
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Past performance is not indicative of future results.

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