Overview
Sunday may be a very important day in the scheme of things, and according to the mood generated forecast, may have a significant impact on the entire week. One thing to watch for, which will confirm a bearish immediate forecast is evidence of Sunday's Mood/Effect polarity flip. Every 1-3 weeks, the effect of the current mood pattern inverts, and what was a positive mood brings negative effects. Sunday should start out very positive or bullish. At some point there should be a shift to a strong bearish mood. This may or may not occur before futures open, but would have to occur before markets open for regular trading hours on Monday.
Qualitatively, the mood pattern points to geopolitical issues as a likely focus. The YTD chart is pointing down through Tuesday (assuming the polarity flip occurs Sunday).
MMI Monday RTH open: down. MMI Monday close: down (below open).
Big picture: Looking for a sharp drop followed by a sharp rally.
Latest forecast info:
**Higher Probability SPX trades have a 5-10% higher success rate than standard MMI trade signal, i.e. approximately 65-70% vs. 60-65%.
Today’s action: N/A
Hypothetical next trade: Short SPX MOO1 Monday.
1 MOO is market on open. 2 MOC is market on close.
II. Social Mood Pattern Analysis (this bonus section is provided on occasion to assist readers to gain further insight into how analysis is developed)
Themes in search trends for Sunday's mood data: movie, wrongdoing, hero, critic, criticize, image, communication, business, woman, mother, violence, death, police, technology, denial, news
Combined MoodCompass scores: .2N .4E .8W 1.2SW 1SE .2NW => 11% NE (Vulnerable) 39% SW (Expansive) 28% SE (Manic) 22% NW (Controlled)
Mood / Effect inversion status: Normal (since 7/31); inverts 8/7..
Qualitative Analysis notes (refer to Mood Qualities Timeline, below): Sunday: SW high, NE low => strong bullish flips to strong bearish as inversion hits. NE much lower than other three => watch for geopolitical escalation. NE lowest => Not conducive to diplomacy or "nice."
Sunday may be a very important day in the scheme of things, and according to the mood generated forecast, may have a significant impact on the entire week. One thing to watch for, which will confirm a bearish immediate forecast is evidence of Sunday's Mood/Effect polarity flip. Every 1-3 weeks, the effect of the current mood pattern inverts, and what was a positive mood brings negative effects. Sunday should start out very positive or bullish. At some point there should be a shift to a strong bearish mood. This may or may not occur before futures open, but would have to occur before markets open for regular trading hours on Monday.
Qualitatively, the mood pattern points to geopolitical issues as a likely focus. The YTD chart is pointing down through Tuesday (assuming the polarity flip occurs Sunday).
MMI Monday RTH open: down. MMI Monday close: down (below open).
The Details
I. Stock Market ForecastBig picture: Looking for a sharp drop followed by a sharp rally.
Latest forecast info:
| SPX | MM Trend Signal | MM Daily Trade Signal | H.P. Trade Signal** |
|---|---|---|---|
| 8/8 (open) | UP | DOWN | NONE |
| 8/8 | UP | DOWN | NONE |
| 8/9 | UP | DOWN | NONE |
Today’s action: N/A
Hypothetical next trade: Short SPX MOO1 Monday.
1 MOO is market on open. 2 MOC is market on close.
II. Social Mood Pattern Analysis (this bonus section is provided on occasion to assist readers to gain further insight into how analysis is developed)
Themes in search trends for Sunday's mood data: movie, wrongdoing, hero, critic, criticize, image, communication, business, woman, mother, violence, death, police, technology, denial, news
Combined MoodCompass scores: .2N .4E .8W 1.2SW 1SE .2NW => 11% NE (Vulnerable) 39% SW (Expansive) 28% SE (Manic) 22% NW (Controlled)
Mood / Effect inversion status: Normal (since 7/31); inverts 8/7..
Qualitative Analysis notes (refer to Mood Qualities Timeline, below): Sunday: SW high, NE low => strong bullish flips to strong bearish as inversion hits. NE much lower than other three => watch for geopolitical escalation. NE lowest => Not conducive to diplomacy or "nice."
