Financial Astrology - May 11, 2015

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SP500

For the SP500, cycle-wise we are entering the 14th week of the Primary  ¹ cycle which started on Feb. 2nd 2015.  This cycle is aka, the nominal 18 week with a range of 15 to 21 weeks.

Being the 14th week we should start to look for the crest in the Primary / nominal 18 week cycle.

Statistically the days around May 15th and May 21st would be good timing for a primary cycle crest / trough.

From last weeks market letter

"... the 3 pass of this Saturn sesquisquare Uranus aspect (solid red squares). This, with the 224 cd cycle above should have a strong effect on the financial markets and world events. This is a 3 pass with May 4th as the next exact date. Both the 224 cd cycle and this aspect should point the general indices down"

And we went down Monday through Thursday with a great deal of volatility, also forecast. Friday was the jobs report which set off a reversal up that covered the weeks losses.

On the above chart watch price action around the top of the symmetrical triangle and the all time high currently at April 27th at 2125.92. The 224/225 cd cycle is still in effect as is the Saturn sesquisquare Uranus signature and I expect more of a move down. This coming Friday is OPEX, option expiry, often a volatile day.

The coming few weeks have a number of signatures that point to a pick up in war and aggressive geopolitical activity. Monday Mars moves into Gemini, a mutable air sign and there are difficult aspects in the Mars cycle chart. Tuesday, Mars is sesquisquare Pluto a signature of aggressive dominance. Mars is also in opposition to Saturn, exact on Friday May 15th, may add restraint and denial of aggressive instincts. This tension must find a release typically by an event or change in the status quo. Watch for this in the markets and general mundane events.

This coming week could be very tense. Mars and Saturn are classic war aspects where Mars aggressive energies are blocked by Saturn creating a situation of explosive frustration. Which one of the world's hot spots will be effected is difficult to forecast but don't discount the US homeland, either a terrorist threat or internal conflict. The tension should last for a few weeks.

The last few weeks we have mention Venus being "Out of Bounds" OOB starting April 17. Venus will continue to be "Out of Bounds" until early June which should bring volatility and sometimes the trend in the market, which changed near the Venus "Out of Bounds", continues until Venus comes back in bounds. That occurs on June 2 very close to Mars going "Out of Bounds".

There are other transits hitting May 4th. Mercury will go OOB on May 3rd will join Venus, both being "Out of Bounds" by declination. While Venus stands for money Mercury stands for commerce and trading. This may emphasize volatility we may see in the markets over the next few weeks. Mercury comes back in bounds on May 20th.

On May 9th Mars will be conjunct the trans-Neptunian point of Admetos. From Witte's "Rules for Planetary Pictures" this can mean a sinking of the market, suppression, terror, rawness and debris. Watch for mundane or market events that would tie into the above statements. This aspect is going to exact as Mars approaches Saturn. Suppression of something seems to be in focus. Could it be suppression of the truth? This aspect gives further credence to a move down in the markets. There could be a surge up or down near the Monday opening.

We are looking for longer term cycles, 4 and 6 year, to end this year or 1st quarter 2016. The 4 year should end at a Primary cycle low which may be distorted. The 6 year may end there as well. The troughs for the 4 and 6 year cycles will be much deeper. There are other cycles coming due in the first half of 2015 which are reserved for subscribers.

We are still in a period of violent weather, geophysical disturbances and geomagnetic storms, the latter due to Sun spot activity.

Gold

Gold appears to have put in a put in a Primary cycle   ¹ trough on March 17th. This was 1 td after the Uranus / Pluto square. This puts us entering the 8th week of the nominal 18 week during this coming week.  

Last weeks action did nothing to improve Gold's outlook. Of the upcoming transits Mars sesquisquare Pluto on May 12th has been negative for Gold although there could be a small bounce first.

Gold needs to move above the 1189.49 then 1200.86 then a new high for this 18 week cycle. If moving down, which I suspect at this point, 1171.10 could be support level. These levels are based on the retracement of the move up from March 18th to March 26th, which started this cycle.

On May 20th we hit the 2.618 time Fib based on the move down in Gold from Oct. 2012 to June 2013. Fib times often mark a move in PM's both up and down. Surprisingly Venus in opposition to Pluto on May 21st has had an inconsistent history with moves in Gold prices. All in all Gold looks like it may continue sideways consolidation or down.

It's quite possible the April 6th high is the high of this nominal 18 week cycle which would mean Gold will be headed down for quite a few weeks in an extremely left translated cycle which is quite negative.

The following daily Gold chart shows the heliocentric Venus (green) and Jupiter (blue) price lines. Gold broke below the Venus price line and now sits on the Jupiter price line (blue). The Jupiter price line is currently at 1179.83 and may act as support.

As pointed out a couple of weeks ago, Gold is also in a forming Head and Shoulders pattern with currently a weaker right shoulder which may make this pattern more powerful. The green neckline shows support / resistance and it is currently around the 1147 area.

I expect Gold to weaken very soon and be down until late June / early July at the earliest. As mentioned, mid-year or shortly thereafter should be more positive for Gold. A move down from here would be very left translated and quite negative.

Crude

This coming week of May 11 we should be entering the 15th week of a Primary cycle which started Jan 29, 2015 and appears to have put in a nominal 6 week trough on March 18th.

Crude appears to have put in a "W" bottom. This past week we had a "Shooting Star Doji on May 6th and moved down after that. This being the 15th week we may have seen the crest of the nominal 18 week cycle. Watch for support at the 23.6% retracement around 57.50. Crude, like other commodities is being affected by the US$ moves.

As seen on the following chart the Jupiter price line (orange) gave support late in the week. If this support fails the Neptune price line (green), which has been support / resistance in the past is at the 56.50 area. If we have seen the crest on May 6th we should be moving down. The drums of war mentioned above could quickly change the prospects for the price of crude.

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