Monday, February 20, 2012

February 20,2012


SP500
This coming week there are no major astrological events or aspects. There could be a carry over from the Sun conjunct Neptune as it entered Pisces on Feb 19th. This is a signature that has marked turns in many markets.

If we are still rising come February 27th the Moon conjuncts Jupiter on Feb 27. This has been a signature for short term tops (red dots on the following daily chart of the SP500).



We are also getting into a time period where a number of longer and intermediate term market cycles are due. These cover the first two weeks of March although they could hit the last week of February.

Dates I am looking for are:
Feb 27
March 5, 6
March 8           this could be more a possible geophysical event than market related.
March 13

All dates should be looked at as +- 3 trading dates

Are we looking at a high in early March then down? Quite possibly. With the central banks of the world in print mode I’m looking at this as some type of event in early March that would send the markets down.

Crude
The following weekly chart for crude, which has been shown before, shows the 16 and 24 week cycles both hitting in the March 5-9 timeframe. The March 8 date mentioned above could be pertinent.



Gold
I’m looking at Gold and Silver being 8 weeks along their nominal 18 week primary cycle. If they do not turn up in the next few days I’ll be looking at the March 13 date (+- 3 tds) as a possible low.

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