“The future influences the present just as much as the past.”
-- Friedrich Nietzsche
Some time ago we identified three future time periods which looked difficult for the general markets. They were;
Obviously the first time period has almost arrived. The transit we have been focusing on is the Jupiter translation of the Uranus / Pluto square. This is an aspect defining bankruptcy or default. Jupiter will be opposing Pluto on Aug 7 and squaring Uranus on August 21st.
I'm looking for a shock to the financial system during one of the above time periods. This may play out with significant moves in each of the three months. Bear in mind we are looking for a crest for the 4 year cycle.
Over this weekend and through July 31st Mars will be translating the Uranus / Pluto square. We may see some volatility early in the week. This is an aspect that would normally construe violence. Mars is currently in the sign of Cancer where it is in it's fall, the sign where it acts with the least strength. Thank goodness.
The following weekly chart of the SP500 shows the geocentric aspects of Jupiter and Pluto. When looking at long term aspects (Jupiter / Pluto is approx. 13 years) it is useful to go back and review the stock market reaction at critical aspect points in the past.
Small red dot - Jupiter Pluto conjunction - 0 degrees
Small blue dot - Jupiter Pluto quintile - 72 degrees
Large blue circle - Jupiter Pluto trine - 120 degrees
Red 2 arrow - Jupiter Pluto opposition - 180 degrees.
As an example looking at the previous 2 conjunctions. November 1994 started a long move up which ended around Sept 2000 near the oppositions (there are 3 exact hits due to retrograde motion). The last conjunction shown is around December 2007 just before the large move down. We have arrived at the opposition again. The Jupiter Pluto opposition will be exact on August 7 and again due to retrograde motion on Jan 31, 2014 and April 20, 2014 as well. The periods around any of these dates should see the general markets as unstable but since these are long term aspects we can't expect them to be exact. Typically we need a faster moving planet or astrological point to define a more exact date.
At the end of the month Venus will translate the Uranus / Pluto square on August 24 and August 26. This time period may point to a more severe correction. For Astrologers this Venus aspect is going to turn the Jupiter / Uranus / Pluto T-square into a powerful grand square.
At the bottom of this chart are the term's of Greenspan and Bernanke at the FED. You may draw your own conclusions on the FED's monetary policy and it's effect on the markets.
Gold / Silver
In follow up to the last post, we were looking for a strong move through 1333. As can be seen on the following daily chart for gold, it made it up to this area but failed to move though it convincingly. The longer gold hangs around this area the greater chance of failure. The primary cycle count I am using for gold is 15 weeks along and therefore in the time period for a dip into the primary cycle low.
Seasonally this is around the beginning of the period of seasonal strength for gold. This combined with the unstable astrological aspects we may see a quick move lower then up at some point in August.
As noted in our last post crude has turned down. July 19 was most likely the primary cycle crest and we are therefore falling into the primary cycle trough.
There will be a number of volatile aspects involving Jupiter (see notes above) in August and I'm looking for crude to make a primary cycle low and be very volatile during August (see approx. dates above). Jupiter is co-ruler of crude with