SP500
For the SP500, cycle-wise we are
entering the 13th 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.
Video
From last weeks blog:
"Although there
are no major Astrological exact aspects or events this week that would point to
a reversal in trend. The short term trend is up. There are two minor exact
aspects that could effect the short term trend as follows:
April
29th Mars quintile Neptune
April
29th Sun sextile Neptune .
Of more importance
there is a longer term transit that is exact the week of May 4th which is
already in orb, that is Saturn sesquisquare (135 degrees) Uranus. These
can be looked at as two of the most powerful planets in the zodiac. This has
the potential for sudden change or events in many fields over a longer period
of time. Saturn represent the solid or permanent structures in our world while
Uranus sudden change. This can represent actual physical changes like
earthquakes, violent weather etc. It can also represent changes, or the break
down in the institutions or structures in our lives. For the markets, the
fact we are close to all time highs in the major indices seems to indicate a more
severe move and it wouldn't be up. This signature represents a dangerous
time period."
Back to this week:
So May 4th the Saturn sesquisquare
Uranus is exact. In fact these slower moving planets need a broad orb of
influence covering weeks and sometimes months. Nevertheless, the period around
the exact date may manifest some of it's energy, which may not be pleasant. The
earthquake in Nepal ,
social unrest and police forces that are acting like they are in a police state
echo the energies of this aspect. The sesquisquare aspect which is 135 degrees,
is an 8th harmonic aspect (360 / 8 = 45 degrees) and includes 45, 90, 135, 180,
225, 270, 315 degrees. 8th harmonic aspects tend to manifest in the physical
world.
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.
Other transits are the Sun in
waning square to Jupiter and a Full Moon late on May 3rd. Since the Sun is in
square to Jupiter, Jupiter is the apex of the T-square. This Full Moon is in
the money signs, Sun in Taurus, Moon in
Scorpio with both squaring Jupiter in Leo.
In mundane Astrology Jupiter rules
the public faith, the court system, wealthy people and big business, banks, prosperity, foreign countries and that which
we may have too much of. Jupiter in Leo on it's face, would appear to be a very
positive aspect. Expansive benevolent, optimistic Jupiter in Royal Leo. Jupiter
can also indicate that which is overdone and in hard aspect in Leo can bring
out the negative qualities of Leo like egotism and can indicate unwise
speculation or gambling. Watch the early part of the week and specifically
Monday for possible manifestation of the more negative aspects of Jupiter in
Leo as the Sun squares Leo right after the Full Moon.
Remember these aspects relate to
world events, not just one country although when it comes to the financial
markets the US
still rules....for now. I'm looking at US$ currency issues later in the year.
I'm also looking at Astrological
cycle charts and the Mars and Uranus cycle chart are showing a number of
aspects which could create a great amount of tension. 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.
Keep in mind the comments made on
the Solar and Lunar eclipse as well in past weeks.
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.
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 7th week of the nominal 18 week during this coming week.
Last weeks action has been negative for PM's. Since we are
in the 7th week we could be putting in a low for the first nominal 6 week cycle
which could be positive if we make a sharp upswing this week. I'm looking at this as potentially negative
with the Sun waxing trine to Pluto on May 6th. WE may see a move in Gold early
in the week and down after the Sun Pluto trine.
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 and quite negative.
The following daily Gold chart shows the heliocentric Venus
(green) and Jupiter (blue) price lines. Gold broke below the Venus price line
on May 1st, a negative event. Note where Venus crosed Jupiter. Once again we had
a sharp move when these two heliocentric planets cross. Watch for a potential small
bounce early in the week but PM's will probably move down from here.
As pointed out last week, 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.
All-in all 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.
Crude
This coming week of May
4 we should be entering the 14th
week of a Primary cycle which started Jan
29, 2015 and appears to have put in a nominal 6 week trough on March 18th. There was a lot of volatility in
currencies the last few weeks which has affected the price of many commodities.
Crude appears to have put in a "W" bottom and has
reached the 23.6% retracement of the move down from June 2014 to January 2015.
This is the area I was considering buying and I'm now looking for under valued
Canadian oil companies.
Overall crude looks
positive here. Although we are looking at crude as bullish although there
is probably too many geopolitical issues with crude to effectively trade. One questionable
statement and the price of crude could rocket up or down. Now appears to be a
time to buy value for longer term holds.
As seen on the following chart the Jupiter price line (orange)
gave resistance most of last week in the $58.00 area. Crude did break above the
58.27 area which was the next Jupiter price line (orange). Crude ended the
week, up, and should get support at the Jupiter price line (orange). With
crude, we have to consider possible actions which could drive price up or down
very quickly. If buying, it's a longer term hold.
Other items, more specifics on the SP500, Gold and crude
also US$, NatGas, Coffee reserved for subscribers. At $99.00 for a 6 month subscription, can you afford not to have it?
The 1st half 2015
dates and subscription to the weekly letter are available.
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