The SPX‘ range for this year is 340 points.

From the January top to the February low a decline of 340 points played out for the first test of the 200 day m.a. since the election.

340 is 180 degrees straight across and opposite August 21st on the Square of 9 Wheel.

August 21st was the Great American Eclipse and the low which marked the beginning of the blow-out into late January.

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Because last August was an eclipse that marked a low and January was an eclipse that marked a high, the recent high on July 25th near the July 27th eclipse may not be coincidental.

Is the 340 point SPX range for the year happenstance?

The indication may be that the 3rd week of August may see the market magnetized to a high or a low.

A 1 year low to low cycle or a  year low to high cycle may be on the table.

Early August may foreshadow which way the turn will be.

Why?

Early August is 90 days/degrees from the important early May low…a low which began a well-defined upswing.

Early August is 120 days/degrees from the early April closing low of the year.

Early August is 180 days/degrees from the early February intraday low of the year.

This year's SPX low at 2532 was an important vibration.

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On the Square of 9 Wheel, 2532 conjuncts March 6th.

That low was hit roughly on the 9 year anniversary of the 2009 low ( + or – 1 month).

To be precise, the plunge to 2532 low in February 2018 was  exactly 107 months from early March 2009.

What may seem remarkable to some of you is that on the Square of 9 the number 107 conjuncts March 6th, the date of the bear market low, 107 months earlier.

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So 2532… 107 months from low was an important monthly time/price square-out.

The indication is 2532 is the Maginot Line of the bull market.

The price behavior this August promises to give an inkling of the position of the bull.

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