As we await decisions in the
US re: the government shutdown and
more important borrowing limit I'm looking for potential days where the markets
will move up. This post will also cover the upcoming Lunar eclipse on October
18th. The Solar eclipse on November 3rd will be covered in my next post. I'm
still looking for the Nov 1-4 period as being very important for the markets.
This was first mentioned in my post of June 16, 2013. Dates are all +-3 td's
I have been looking for a low around Oct 8 then moving up to the Nov 1-4 period then down hard. The situation in the
US has clouded this outlook. The
following daily chart of the SP500 shows the approx. forecast, the red lines.
This could go much lower than shown on this chart. The upcoming blue circle is
the Lunar eclipse on Oct 18 and the
red square the Uranus / Pluto square on Nov
1 and the red circle the Solar eclipse on Nov 3rd. Note, I have the Nov 1-4 high at the Uranus, Pluto price lines as they have acted as good support / resistance in the past. This is around the $1720 area.
Potential big range days and market move / turn dates below. At the very least the markets should be volatile. The notes here are for the SP500. We may see divergent lows and highs in the major indexes (i.e. SP500, DJIA, Nasdaq).
Oct 8 Mercury conjunct Saturn and both on the point of the upcoming Nov 3 Solar eclipse. This is also a geocentric Bradley turn date (note: sometimes useful).
Oct 10 Venus goes out of bounds by declination.
Oct 18 Lunar eclipse (see below)
Gold is 14 weeks along in it's primary cycle and getting into the timeframe where a pullback into the primary cycle trough is due. This would put the trough in the last week of Oct or first week of Nov. Technical signals are not consistent and rumors of manipulation are rampant.
From another post by Raymond Merriman. There are many similar posts.
"On Tuesday, October 1, about 2:00 AM Eastern Time, it was reported that someone put in an order to sell 8,000 contracts of Gold on the COMEX. This is 800,000 ounces of Gold, or about $1B (billion). With no liquidity in that market at that time, Gold plunged sharply, to 1276.90 within 24 hours, its lowest level since August 7."
Nevertheless we work with what we have. Gold may also be putting in a head and shoulders top which would also point to a down move.
I'm looking for Gold to be choppy to down for most of October and then possibly a dramatic rise around the Nov 1-4 dates noted above.
We may have just put in a Major cycle (6 week, but really 5-7 weeks) low in crude. If that is the case we should see crude start to move up. Watch the 15 and 45 day moving averages. We want to see the 15 dma start to turn up and cross the 45 dma. This may be a good buying opportunity right here.
The October 18, 2013 Lunar Eclipse
This section may be more appropriate for Astrologers. I'll try and write this so it may be some benefit to all. At the bottom you will see a chart which is composed of two parts, an inner wheel and an outer wheel.
The inner wheel is the chart for the commencement of the New York Stock Exchange in 1792.
The outer wheel is the placement of the current transiting planets as compared to the planets in the inner wheel.
We are comparing the positions of the transiting planets to their position when the New York Stock Exchange began. Note: there are many other ways to forecast future events with astrology.
This being a Lunar eclipse a rule of thumb is they may have an effect for about 6 weeks on either side of the actual eclipse. Generally the effect of an Eclipse is not necessarily bad.
This eclipse occurs with the Sun in the third decante of Libra and therefore influenced by Venus and Mercury. The Moon is in the third decante or firey Aries and therefore influenced by Mars and Jupiter. Much more could be written about eclipses.
This eclipse may have importance to women. It is also pointing to an eclipse which is negative and challenging but not necessarily explosive. The eclipse takes place one day after the
US borrowing limit is hit. I find
it difficult to believe US
politics would go this far but the date is close.
Let's remember the Lunar eclipse is going to effect the whole world so where things manifest is difficult to forecast. With Mars and Venus on the scene, violence / women perhaps we should be looking to the mid-East.
Our purpose is to try and discern the eclipse's effect on the markets which is why I have included the chart with the
New York Stock exchange.
If you can go back and review the stock market data in mid-October for a number of years. For older data use the DJIA. What you will see, in many years, is a pull back in prices and of course the many crashes which have occurred in the October time frame.
Now look at the chart at the end of this post. Every October the Sun will transit over the Jupiter/Neptune conjunction and oppose Saturn in the 10th house of the New York Stock Exchange natal chart.. They will not be exactly on October 18, but will be close.
From COSI "The Combination of Stellar Influences"
Sun on the
of Jupiter / Neptune
"A lack of self control, irresponsibility, speculation, a squandering of physical strength. The act of deceiving or the misfortune of being deceived." COSI was published in 1940.
This does not sound positive for the markets but could be overridden (as in speculation, squandering noted above) by a euphoria if the US can approve a new borrowing limit and open the government for business.
The transiting Moon is conjunct the natal Saturn. "Separation, suffering. The separated wife, the widow. Again the theme of women tied into this eclipse.