ES Morning Update December 9th 2024

More Ritual Number Codes…

Back in time on 03/06/09 the SPX Cash put in a bottom at 666.89 and that ended the bear market that started in 2007. The date was even a hidden 666 code as 3+6+9=18, and 18 is 6+6+6. Fast forward to now we’ve had several new 666 codes put on various days but none of the days also had the 666 in it too. There’s the first one below…

The date on that one though was not a 666 day as 12/3/24 is 3 (1+2), and 3 and 6 (2+4)=12, which is “at best” 6+6, but not a hidden 666 code.  So “if” the satanists are going to match the 2009 low in both the “price code” and the “date code” they didn’t do it with that one, which is likely why we skipped it went higher in the coming days.  Next was…

Same thing for this one as the “date code” is missing as 12/04/24 is 3 (1+2), and 4 and 6 (2+4)=13, and that number can’t make anything even close to a 666.  But they certainly are throwing out signals that it’s coming and that one should be paying close attention for it.  After that we got another one the next day, but the on the SPY…

The problem again is that it’s missing the “date code” as 12/05/24 is 3 (1+2), and 5 and 6 (2+4)=14, so another miss there as well.  Then the next day on the SPX they put out a hidden 666 code…

This one has a date of 12/06/24 is 3 (1+2), and 4 and 6 (2+4)=15, which 1+5=6, but that’s still not a true 666 code in my opinion.  We need to see 18 again like in 2009, which can happen on 2 days this month.  One is today, 12/09/24 as 12/09/24 is 3 (1+2), and 9 and 6 (2+4)=18, which is 6+6+6.  The other day is 12/18/24, which is the next FOMC meeting.  It is my belief that it will be then and not today.

What will the price be you ask?  I’d look for numbers like 6166 or 6266 on the ES as a spike high or closing price, or SPX, which would make the ES higher of course as it’s currently about 11 points more the the cash and getting closer as time passes.

The roll into the next quarterly contract of the ES is this coming OPEX here in December, which on some platforms it rolls early but on my Think or Swim it will do it on the 20th, which will put the spread about 55 points higher on the ES with current calculations for the next March contract (subject to change).

But if I’m right the top will already have been put in on the 18th and the market will be going lower afterwards.  This is setting up for a nasty Christmas if we see a crash like drop start, which I think we will.  The FP on the SPY for 533.01 is still my downside target for the low of the move.  Then we rally into January with the big retrace.

Have a blessed day.