WEEKLY SUMMARY 25.11–29.11 / FORECAST

📉 S&P500 - 17th week of the basic cycle (average 20 weeks). Retrograde Mercury, starting on November 26, made an honest attempt to reverse the trend from the resistance line formed by our Venus signal on November 11. I anticipated a reversal last week, but Mercury lacked the strength, and technically, short positions were not viable. Stop-losses from November 18 remained intact.

☝️ The market still hasn’t closed the "Trump gap" from November 6. This entire formation seems suspended and rather unstable. Again, I remind you that the 4-year cycle and the 50-week cycle are yet to experience a solid correction. A healthy 10% correction hasn’t occurred since fall 2022. Considering the maturity of both long-term and basic cycles, it’s about time.

⚠️ The trigger for a potential correction might be our next "planned" extreme forecast on December 9. This is a very powerful astrological formation, including the midpoint of Mercury retrograde alongside several other strong signals. Attentive readers know that retrograde Mercury is no joke, especially when combined with other indicators.

💰 Positions from the extreme forecast on November 18 were closed on Friday before retrograde Mercury. Futures stop-losses held firm. Those who opened and held positions with a stop-loss should continue holding while trailing the stops, aiming to hold through the end of the week.

🏆 GOLD - 3rd week of the new basic cycle or 23rd week of the old cycle (15–20+ weeks). On November 24, I wrote:
The next key points are the start and midpoint of Mercury retrograde with all its peculiarities. Tentatively, I suggested it might offer a correction and an opportunity to enter the trend optimally.
☝️ Unlike S&P, retrograde Mercury fully unleashed its effects on gold. I cautiously expected a correction, but a $10K daily amplitude per futures contract was excessive. One bullish week isn’t enough to confirm the start of a new cycle. This raises doubts about whether a new cycle has begun. Mercury’s antics might result in either the formation of a double bottom or an intense conclusion to the old cycle. Continuation of the new cycle also cannot be ruled out. For now, until the picture becomes clearer, we’ll consider both cycles.

☝️ By the way, the promised correction and entry opportunity are at your disposal. However, note that the technical picture for long positions is weak. It’s better to wait for my next extreme forecast ⬇️.

⚠️ The next extreme forecast for gold is December 9. This is a very powerful astrological formation, including the midpoint of Mercury retrograde combined with a couple of other strong signals.

🛢 CRUDE - 3rd week of the new basic cycle or 26th week of the old cycle (28 weeks). Last week, retrograde Mercury worked hard, not only bringing down gold but also intensively impacting crude, as I promised. The intensity was so strong that I began to doubt the start of a new basic cycle. Until the picture clears up, we’ll consider both cycles, similar to gold.

⚠️ The next extreme forecast for crude is December 9. This is a very powerful astrological formation, including the midpoint of Mercury retrograde, with the participation of Neptune (♆), which governs crude.

#stocks #gold #crude