We are entering the 6th week of the Primary cycle (nominal 18 week) which started on Aug 7th. There are potentially a number of longer term cycles due in the next couple of months. September has a number of intermediate cycles due. First up is the first Major cycle of the Primary cycle.
We are in the first Major cycle (nominal 6 week average range of 5-7 weeks). We may also be in the 224 cd (calendar day) cycle as well. I was expecting to get down to at least the 1,970 area in the SP500 which is the 38.2% retracement level.
From last weeks blog post.
" I've noted on the chart when we could expect the Major cycle to trough out, that is the weeks of 9/15/2014 to 9/26/2014."
Also from last weeks blog post.
" A pullback to the Major cycle trough is often near the 38.2% Fibonacci retracement or the 1970 area."
Also note I've added the Lunar (blue squares) and Solar Eclipses (red squares) to the SP500 chart. These need a range of +- a few days and their effects can be much longer, particularly the Solar eclipse. In this case the Lunar eclipse is tied into a Sept 25th aspect. It is also tied in to the long term Uranus waxing square Pluto aspect, in effect making it a T-square with a wide orb. More on this for subscribers. The Lunar Eclipse is on October 8th and the Solar Eclipse October 23rd. More on this in the subscribers letter.
This coming week has the FED meeting on Sept 16, 17 and the Scotland Referendum on Sept 18th. Both are possible market moving events. The astrological aspect of significance this week is Venus in waning trine to Pluto on Sept 14th. It has a history of coinciding with Major cycles within 5 trading days and maybe marking the trough of the current Major cycle (see this first chart). Note, I said maybe as we are in the time frame for the 224 cd (calendar day) cycle mentioned last few weeks on this blog. Following is a daily chart of the SP500 showing the 224 cd cycle. I was expecting this cycle to go a little deeper. Watch this week as we may get the Major cycle and 224cd cycle lows. Much depends on the FED and Scotland Referendum. We also have OPEX on Sept 19th.
The following week of Sept 22nd looks very eventful from an Astrological perspective. I believe we are entering an exciting, eventful time period starting now through the end of October. Mars entering Sagittarius on September 13th can result in wild price swings, particularly the week of Sept 22nd where we have other significant aspects. Martian energy (fight or flight) heats up Sagittarius, a mutable fire sign, starting September 13.
Sagittarius is about ideology, philosophy and cultural identity. Issues of nationalism and patriotism are highlighted. Peoples beliefs come to the fore be it religious, intellectual or cultural. Sagittarius tests the tolerance, understanding and acceptance towards other cultures practices, customs and beliefs. This sign also rules travel and immigration often occurs when the sign is transited.
Of immediate importance is Mars will be in waning square to
soon after entering Sagittarius on Sept 21. This is a signature of exaggeration
and false rumors that may be designed to incite hysteria. Remember Neptune is illusion and delusion. False flag events come to mind.
The hard war aspects between Mars and Saturn in Scorpio have just passed but I would expect the fog of war to continue for some time. The Mars Saturn aspects in August will be replaced by a building stress between Pluto and Uranus that are in exact waxing square on Dec 15. This is a very long term aspects and I give it +- 1 month in orb. It is an aspect that colors the background of history for a number of years. We have covered the Uranus Pluto in waxing square extensively in previous posts. We will do so again as we get closer.
The month of September has two very powerful aspects. I'm going to mention one here as it demonstrates an Astrological principle. That is, all aspects between two planets are part of a cycle. The cycles always starts with a conjunction, then the faster moving planet starts to separate from the slower moving planet and start making other aspects.
Late in the month there is Jupiter in waxing trine to Uranus. A trine is a 120 degree aspect. The waxing trine is the first trine of a new cycle. There are three trines
(ex. 360 / 3 = 120). There is a waxing trine aspect at 120 degrees and a waning trine aspect at 240 degrees.
Following is a monthly chart showing the history of the Jupiter Uranus trine.
On this monthly chart of the SP500 the red circles are the dates of the Jupiter Uranus trine. Note, sometimes there are 3 aspects close together. This occurs when the planets involved are going retrograde. The one coming up is a 3 pass. I'm including a shorter term chart for subscribers since the monthly chart hides shorter term activity and Jupiter Uranus contacts are very strong.
The Jupiter in waxing trine to Uranus aspect which is exact on Sept 25th will be joined by Mars in early October making this a grand trine. All planets will be in fire sign, Mars in Sagittarius, Jupiter in Leo, and Uranus in Aries. That's a lot of fire energy. If we don't blow the world up with awesome fire power this could represent a startling breakthrough in some field of activity. Freedom will be emphasized. People (including leaders) should think and then think again before they rush into a decision.
In summary I am looking for a Major cycle trough which should be this coming week or next. It could be a little deeper than normal due to the 224 cd cycle also due for a low. With Mars moving into Sagittarius expect market volatility for 5 to 6 weeks which may be very good for traders and confusing for longer term strategies. The FED minutes may have a dramatic effect.
There are other very significant transits hitting in late September and October but they are reserved for subscribers. Very important, watch the
$ closely. I will say Sept 24, 25th could be surprising. US
Gold is in the 15th week of it's Primary cycle (nominal 18 week). Gold broke through the bottom of the symmetrical triangle (light blue). This, by itself, is a bearish move as that line should now act as significant resistance when Gold tries to move up.
This is negative at a number of levels. Since the July 10th high Gold is making lower highs and lower lows. The current Primary cycle is also left translated and now lower then the start of the Primary cycle on June 3rd.
So none of the historical averages for a rise in Gold have past. Mars entering Sagittarius has a history of price swings in many markets.
I am looking for an Astrological aspect or evnt that would equate to depressed commidty prices at this time. I'll keep you posted on my studies here.
Silver is in the 16th week of it's Primary cycle. Like Gold we are lower in price than at the start of the Primary cycle on May 30, 2014. The Primary cycle is also left translated, which is bearish. Watch this week. Both Gold and Silver are in the time frame for a shortened Primary cycle which has an average of 18 weeks but a range of from 15 weeks to 21 weeks.
We are in the 20th week of the Primary cycle in crude or just starting a new Primary cycle. If new it will be bullish for the next few weeks. If not a Primary it could go down further. Like Gold, Silver and commodities in general, Crude seems to be in a deflationary period at least partly attributable to the high US$. I'm referring to WTIC crude. The current cycle was very left translated which is bearish.
On a longer term basis, Crude could drop to the 85.00/CL area in the 4th quarter of 2014
Scotland the Brave
I'm of Scottish heritage.
Following is a short segment of a conversation with Gandhi when India sought independence from Britain.
Courtesy of Martin Armstrong.