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Is the recent correction a bottom?
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- AstroStock
- 1 min read·649 views
1 min read
649 views
This blog predicts a potential market bottom for SPY in early August 2024, based on a combination of astrological events and technical analysis.
On Aug 5, 2024, SPY seems to touch bottom. We believe that this is a potential bottom for the market. On that day, we see a planetary pair in retrograde. On Aug 8, 2024, we see that Venus is in conjunction with Mercury. These two days are likely creating a bottom for the market.
In addition to planetary aspects, we also see that the E-mini touches its support level on Aug 5, 2024. This seems to be a match of price and time together.
We look forward to seeing a new high of SPY.