- Our second half 2015 forecast dates are now
available.
- Subscriptions include the forecast dates and a monthly Market letter with eMail alerts for imminent trading opportunities
- We do not use negative option billing nor do we sell email addresses
- Subscriptions include the forecast dates and a monthly Market letter with eMail alerts for imminent trading opportunities
- We do not use negative option billing nor do we sell email addresses
The market letter is now a monthly
report and the July issue has been sent out. We will be sending ALERTS to
subscribers with specific dates when
there are imminent trading opportunities forming.
SP500
For the SP500, cycle-wise we are
entering the 3rd week of a new
Primary cycle or still in an expanded Primary cycle in the 25th week of the older Primary 1
cycle . This cycle is aka, the nominal 18 week with a
range of 15 to 21 weeks so we are outside the normal range of the older cycle.
A Primary / nominal 18 week cycle
that extends beyond the normal range are often distorted due to another, longer
term cycle about to hit it's trough. In this case we could be seeing a
shortened 50 week cycle or even the 4 year cycle in this time frame.
The recent price moves are
pointing to the SP500 entering the 3rd
week of a new Primary and that's the way I'm leaning now. New Primary
cycles are typically very bullish, particularly when the long term trend has
been bullish.
From last weeks blog post:
"New Primary cycles also often pull back in the first 2-3 weeks of the cycle. Look for this
potential pullback next week. A pullback
to the 2087 - 2097 area is quite possible. If it's a new bullish Primary
the cycle would then continue up from there. The pullback may start early next
week and be over on July 23-24th or closer to the difficult aspects near the
end of the month."
So we did get the pullback
mentioned above starting on July 21.
Also from last weeks blog post:
"For subscribers who have shorted the SP500, if we get
that pullback look to cover near the pullback lows. If the pullback is on
strong volume and below 2108 you may wish to hold your shorts."
So the low was 2079.65, a good place to cover shorts
as the pullback mentioned above may be over. That said this week end and next week have some very volatile Astrological events that could distort the normal flow,
not to mention the continual manipulation in stocks, precious metals, Forex and
other markets. In fact there are many Astrological events through to August
14th. I am very interested in the Astrology of this weekend and next as they
are the types of aspects which can move the markets.
For now I'm going with this being 3rd week of a new Primary cycle which
started July 7th . We've had a pullback so if this cycle is bullish, and there
is no reason yet to expect otherwise, it should start to rise into the crest of
the first 6 week cycle in the 18 week Primary cycle. If the SP500 continues
down this would be a very negative sign as we are early in the nominal 18 week
cycle which is normally bullish. Bear in mind this weekend has Uranus turning retrograde and it is aspected by Mars and parallel to Venus which is also turning retrograde. This could be a picture of a fake-out either in stocks or commodities. Watch this early next week.
I believe we are very near the top
for this 6 year bullish move. The top will most probably be a long process
rather than a single event.
If July 7th was the Primary cycle
low it was 1 day off the estimated date at the bottom right of the following
chart. The estimate was done in early February.
VIDEO
On the following chart which is
the average longitude of the planets Mars through Pluto
(blue lines) converted to price.
We crashed through the Mars-Pluto planetary average which is now at 2109. I was expecting support here.
There was none. I drew the green trend line on the chart which connected recent
tops and is where I has going to cover shorts. It didn't break through so I held
the shorts and covered today, July 24th.
On the chart the red dots are
previous OPEX dates. (Option expiry, 3rd Friday of each month). The market has
been pulling back after these dates and Friday was OPEX. I read this somewhere
but forgotten the source.
The coming aspects could also
indicate earthquake activity or severe weather. Violent events continue.
Mars and Mercury will form a
powerful T-square with Uranus and Pluto. We should see volatility, surprise
moves and possibly other news of world events. This period of unexpected moves
and news should stretch into the first half of August. There should be more
news than just Greece
this month.
This has been a confusing time for
many people. They feel something big is about to happen, but don't know what. I
don't know what but I'm looking for something out of the ordinary by the end of
October. It could be over the next few weeks.
This weekend has Venus and Uranus turning retrograde
then in early August, Saturn turns
direct very close to a very important
aspect. This is potentially a momentous period of change for the next month.
I'm looking specifically at precious metals and perhaps changes in currency or
bonds and major events on the world
stage. Volatility should be seen in many markets. We've already seen some.
At this point, following are the
highs in the US
indexes.
DJIA May 19, 2015
DJTI Nov 28, 2014
SP500 May 20, 2015
NYSE May 21, 2015
RUT Jun 23, 2015
COMPQX July 17,
2015
Another chart we have not looked at for awhile is the
following daily chart of the SP500 with a fan indicator. The dark blue fan line
is 45 degrees. The starting point is the low at March 6, 2009. The blue 45 degree line is currently at 2103. Watch for any significant break
at this level. It has been good support / resistance for some time. It moved
back below the 45 degree this week.
Another long term chart showing
weakness is the following weekly chart of the SP500 with a 21 week (red) and 34
week (blue) weekly averages again showing weakness. Price has not spent much
time below these moving averages during the massive move up. The 3 red squares
are the Saturn / Uranus sesquisquare (135 degrees). I'm watching this weekly
chart to see if the 21 sma crosses below the 34 week moving average.
In summary I continue
to look at the markets in July to be
volatile. I was looking for July to be down and at this point it's
basically flat with a week to go. We got the move down I was expecting. The
question now is does the SP500 start moving up again into the crest of the
first 6 week cycle of the nominal 18 week cycle. If it does not move up this
would be very bearish as we could be looking at a very left translated cycle.
This weekend and the first few days of next week, watch for the unusual or sudden event.
This weekend and the first few days of next week, watch for the unusual or sudden event.
There are stressful and
potentially violent aspects coming up and the potential for surprise moves this
week and early August. The aspects near the end of the month and early August
could be pointing to another debt event. Saturn turning direct in Scorpio and
is in mutual reception with Pluto. This should have a strong effect.
Gold
Gold put in a Primary cycle 1
trough on March 17th. This was 1 td after the
Uranus / Pluto square. This puts us entering the 19th week of the nominal 18 week during this coming week.
It should be noted Gold has followed an 18-19 week cycle
fairly closely for 2 years although there were some inversions (a high where a
low was expected). We should be getting close to a trough. Subscribers have
dates. Besides the 18 week cycle there are a number of longer term cycles due
and potent aspects which have a history of turns in precious metals.
Gold put in a high on Monday May 18th, the same day as Mercury
turned retrograde and then headed down and it is still headed down. The aspects
I mentioned at the end of the month are potentially momentous for precious metals
and possibly currencies and bonds.
The Nov 17, 2014 low near 1130 was passed on July 17th, and
we now sit at 1097.
We are monitoring another cycle for Gold which will hit in
the summer but reserved for subscribers. That cycle and others with the placement of Jupiter in the summer
may be pointing to a strong reversal in Gold.
The Gold chart is fulfilling all our requirements for a
nominal 18 week cycle low, that is price is below the 15 and 45 day sma's and
the 15 day is less than the 45 day and there are a number of Astrological
aspects which have a history of changes in trend for Gold. Watch for a quick
reversal over the coming week or first week in August.
The following daily Gold chart shows the heliocentric Venus
(green) and Jupiter (blue) price lines. Gold was heading down and may have
found support at the Venus and Jupiter price lines. Watch price action early in
the week. The Miners (Gold Mining companies) often lead Gold higher. The miners
moved up on Friday and I bought a number of Gold mining companies. I'll put
them in the August letter.
On July 19, 2015 approximately 2.7 billion dollars of Gold
was dumped on the market at 9:30 pm on a Sunday evening. This was at a time
when the market was the least liquid. Whoever was selling was guaranteed to get
the lowest price. This had the effect reducing Gold prices by $50.00 per ounce
or approx. 4.2%. I bring this up as an example of market manipulation that is
occurring. There are many other examples.
Crude
This coming week of July
27 we should be entering the 19th
week of a Primary cycle which started Mar
18, 2015.
I'm watching the dates around any Neptune or Jupiter aspects. July
1st had Venus conjunct Jupiter and the Sun trine Neptune ,
a big down day. There are other Astrological signatures with a history of moves
in crude. Dates are reserved for subscribers.
Crude put in a "W" bottom, marked PB (Primary
bottom) and DB ( double bottom).
Crude has broken below the 23.6% Fibonacci retracement of
the move down from
June 12, 2014 to March 17, 2015. Both the 15 and 45 day
sma's are rolling over and price is below both. It appears to be preparing for
a nominal 18 week low. Bear in mind it is difficult trading crude here. The first week in August may turn out to
be eventful for crude. Any news out of Saudi Arabia or other big producers
or potential disruption would change crude prices quickly.
As seen on the following chart crude finally dropped away
from the Neptune price line (green) and now sits close to the next Neptune price line which is 47.41.
The lines are 45 degrees apart. 45 degrees is (360 / 8) = 45
or also known as the 8th harmonic.
We are getting late in the nominal 18 week cycle in crude.
Watch price closely as it approaches any of the price lines.
Another chart we have not shown for awhile is the weekly
crude chart with the 16 week (red) and 24 week (blue) cycles. Where they meet
the cycle line is green and is typically found at crests but sometimes inverts
to a trough. The next green line is early November. 2015.
Other items, more specifics on the SP500, Gold and crude
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