The SPX topped at 6920 (692) on October 29. Rounding we get 69.
There are several synergistic factors pointing to the significance of that high.
Let’s take a look.
1) The October 29, 1929 high was 96 years ago. 69 squares 96.
Of course 69 is a mirror image of 96.
69 is a very important number to W.D. Gann.
The subtitle of his coded novel The Tunnel Thru the Air points to the number 69.
The subtitle is “Or Looking Back From 19 40”
Checking the Square of 9 Wheel looking back from the numbers 19 and 40 is the number 69.
They vector March 21st, the Vernal Equinox and the natural beginning of the year.
Gann’s ‘Zero Point’.
On page 69 in Tunnel, Gann tells about how to tell the future.
He writes: “The Bible points the way to read the signs and the stars.”
69 is the symbol for Cancer, ruled by the moon.
Much of Gann’s math is derived from the Moon (the North Node of the Moon is the Rahu 18 year cycle) and the Sun because looking back from 19 and 40 and 69 is March 21 and the first “sign” of the Zodiac. The Sun.
Gann uses this clever construct to integrate the Sun and the Moon pointing to eclipses.
It is the geometry of eclipses which is the base for the Fibonacci Spiral…but that’s not what this is about.
My point is that 69 as in 6900 squares 96 years ago.
Of course the Great Crash in 1929 was on October 29, the so-far high here in 2025.
Wouldn’t it be wild if years from now we look back to recognize that was a major top?
Further, 69 and 96 square-out with December 21, the Winter Solstice.
Why this is important is because on December 21, 2020 we had the Great Conjunction.
It was the tightest conjunction of Jupiter and Saturn in 800 years and prompted comparisons to the
Star of Bethlehem which some believe was the tightest Jupiter Saturn conjunction eve.
Jupiter and Saturn were Gann’s Chronocators or Time Factors.
The Jupiter cycle is 12 years a fractal of the 12 moonths in a year.
The Saturn cycle is 28 years a fractal of the 28 days in a month.
Wheels within Wheels.
Those of you who have followed me for some time recall that counting forwards and backwards from December 21, 2000 marks some important turning points.
For example the March 23, 2020 crash low is 9 months or 270 degrees before the conjunction on Dec 21, 2020.
You can’t make this stuff up.
The 3rd week of December 2025 is 5 years or 1800 degree from the Great Conjunction.
We know that 5 years is an historic cycle which we have reviewed many times in this space.
Will the market push to 6900 or higher in December?
Or will it be a Break Point?
The two most important lows in the last 5 years are the Covid Crash low at 219 (2191) in 2020
And the 349 low in October 2022 at 349 (3491).
Notice that both these prices are on either side of a dividing line that ties to December 21st.
In sum yesterday squared out with 671 (6710).
The SPX spiked to a high of 6715 and closed at 6705.
Direct hit.
A higher high today puts the SPX in the daily Minus One/Plus Two sell position as we will have two consecutive higher highs while the3 Day Chart is pointing down.
As well 50% of the range from the October 28 high to the 6522 low is 6721.
The 50 DMA resides at 6713.
You can’t make this stuff up.
Be that as it may, momentum reared its pointy little head on Monday after Friday left many high percentage long setups.
CRDO left a Combo Soup Nazi buy signal and a Lizard.
CIEN lefty a Lizard buy setup at its 50 DMA
STX also left a Lizard buy signal on a Pinocchio of its 50 DMA.
GRAL exploded from a Peekaboo New High setup after triggering a Keyer Soze reversal of a reversal taking out Thursday’s reversal high.
In sum after Friday’s strong +1,651 net advances, Monday delivered less than half that strength at jut +675.
Volume also pulled back sharply, contracting 16% from Friday’s active session.
Both McClellan Oscillators remained negative.
The Q’s struck a double bottom on September 2, producing the strong advance to the Oct 29 peak.
90 days/degrees forward is December 2.
So the price action into early next week should define the near term trend—
Whether a powerful Wave 3 decline is on the table or whether we get a breakout over a Descending Wedge.
