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As is usual this weeks blog post is a little shorter as I work on the August Monthly Report

SP500

For the SP500, cycle-wise June 27 appears to be the Primary cycle trough.  ¹ that puts us entering the 6th week. Fedruary 11 was the trough of the previous Primary cycle. Early in a cycle is often the most bullish part. I was looking for a possible 50 week low to coincide with the Primary trough and the move off the June 27th Primary low seems to confirm this was the 50 week trough as well.

From the February 26, 2016 blog post.

"Currently the 18 week cycle trough would be the week of June 13 +- 3 weeks so the range is the week of May 23rd to the week of July 4th."

June 27th was identified and an Alert sent out to subscribers on June 23rd. This was Sidereal Uranus crossing zero degrees of Aries. See

http://trading-daze.blogspot.ca/2016/06/special-update-june-23-2016.html

With June 27th being the low the next Primary cycle should be October 24th with a range from October 3rd to November 14.

We had July 29th as a possible important date due to Uranus turning Retrograde (backwards as viewed from Earth).

July 29                     Uranus Stationary/Retrograde

                                 Uranus is sudden change, unusual events, technology and new ideas. For the                                     unprepared it can be disruptive and stands for rioting and outbreaks of                                             political tension, demonstrations and anarchy.

Uranus Retrograde has a strong association with Primary cycles within a broad range, say +- 2 weeks. The Primary cycle couldn't be a trough but it could be putting in a crest.

There is another related aspect on August 1st, Venus in waxing trine to Uranus. With the Uranus Retro on July 29th this may trigger a crest and reverse in a shorter amount of time. Watch this next week. Subscribers will have the details.

Certainly I was surprised when GDP was announced on July 29th

Quarter 1 GDP was downgraded to .8% and

Quarter 2 GDP came in at 1.2%

Both were expected to be around 2.5% so on a gigantic miss the markets charged up and made new all time highs then peeling back a little late in the day.

As I've said before. The purpose of the markets used to be to provide capital to industry. It is now a casino with the FED and other Central Banks the big players.

As we have said before:

"We may see further surprise events in either the markets, geophysical or other unusual happenings.

Things will be heating up in August and September. Dates we are looking for more world events which will be in the subscribers August Monthly Report.

On the Astrology front, we should see the effects of Uranus events and transits.

The markets have been on a rise seldom seen in such a short time period. We are about to enter the 6th week of the Primary cycle which means we may see a 6 week cycle pull back. This would tie in with the Uranus aspects mentioned above.

This rise pretty much topped out on July 20, 21st but looks like a breakout after the July 29th rise. Uranus is the planet associated with breakouts, sudden change, political tensions and anarchy.

Some points on this chart of the Sp500.

- The two blue lines show a broadening top. Markets either bounce off the top line and move down or break through the rising line and then reverse down.

- The bolder red line is the Geocentric Bradley indicator. It is signaling a change in trend. Remember it sometimes does not work and has no polarity. (Definitions are in the Monthly report).

- At the bottom of the daily chart Momentum is curling up and Stochastic's have already turned up in the over sold area..

- We will be entering the 6th week of the Primary cycle. The beginning of a Primary cycle (nominal 18 week) is most often a 6 week cycle. This can have a range of 5 - 7 weeks. The second most common cycle to start a new Primary cycle is the 1/2 Primary or 9 weeks. This would have a range of 7.5 to 10.5 weeks. If this is a 1/2 Primary cycle forming the markets may have a way to go. I'm looking for some type of more serious world event to stop this FED induced rise. As I've said above the Uranus Retrograde and aspect on August 1st often signal a reversal of a crest. Give a few days into next week. Some of the market cycles we use are from the work of Walter Bressert and Ray Merriman.

From last weeks blog.

Expect more sudden surprise events near the end of July, Mid to the end of August and the end of September and October.

If there was only one word to describe the next month and a half it would be "disruptive".

Although the Uranus / Pluto square is separating we may still get a move when these two planets are transited by another planet. The following weekly chart shows Venus transits to Uranus and Pluto. They are the events on the chart with the light blue circles. Notice a short down period after these events. We just had the Venus events again so I'm looking for a pullback in the next few weeks.

One other chart is the daily SP500 with the Sun and Pluto price lines. Green is the Sun and black is Pluto. Notice, the last few days the SP500 has been stopped at the Pluto price line. Look back and note this has happened before. Also note price often follows the Sun price line up. Another signature that appears to be stopping or at least holding back further price rises. If we break through the Pluto Price Line, buy the SP500. Break through on good volume I mean.

With the dovish monetary policy one would expect the US$ to be moving down. This hasn't been the case lately. See the following weekly chart of the US$ index. The purple squares are the Uranus Retrograde dates. Note the US$ often turns close to the Uranus Retrograde dates, both up and down. A turn here would be down in the US$.

Also note the red vertical lines on the right side of the chart. This is the 26 week cycle. This has also been close to short term changes in trend. This 26th week cycle occurs the same week as the Uranus retrograde. Watch for the US$ to move down based on Uranus retrograde and the 26 week cycle.

When Saturn turns direct in August it will be headed for the last exact waning square between Saturn and Neptune. This aspect has created much of the tension, lies and deceit we have seen for the last number of months. The date of the last exact square is September 10 but these longer term transits will color history for many months afterwards and need a broad orb.

This transit will be coloring the period of time (all year). Lies and deceit continue. Except me of course.

Saturn square Neptune

-in the middle of a 3 pass, 2 exact hits to come this year

Saturn is about social order, structure and regulations. Neptune can be politically unrealistic and a desire to avoid confrontation. It can be devious, underhanded and use subversive tactics.

This aspect is often present near times when there is a change in trend for interest rates or inflation. It can also be a period of epidemics, pandemics suffering, depression and money valuation problems. This could be a change in the world's reserve currency or issues around it. A large increase in precious metals is also possible as it is a money valuation issue. This 36 year aspect has been associated with political changes, reforms and development of socialism. One wonders in regards to epidemics and sickness, would this be natural illnesses or man-made. If you feel depressed or not at ease this aspect may be the cause. One of these planets may be hitting a planet in your personal horoscope.

Neptune can be the height of spirituality or illusion, delusion and deceit. Saturn is reality, Karmic debt, contraction, depression, sorrow and disappointment. When these planets meet look for political changes and reforms. Self sacrifice may come to the fore. This aspect seems to have a history with the British Royal Family.

On the following weekly chart of the DJIA, the red squares are Jupiter square Saturn, now past, and the green squares are Saturn square Neptune. It's between these two events that I have been looking for the Primary cycle low. We got it.

Harmonics

I continue to watch the 24th harmonic cycle (360 / 24) cycle between the Sun and Saturn, which are the brown squares on the following daily chart. The next hits are August 1st. and August 17th. They are often at short changes in trend.

A note on Stock Market Bubbles

The FED, through monetary policy can control the value of stocks, bonds and the US$. History shows this as market bubbles. Make no mistake they can effect the markets for long periods of time but eventually the market will correct. The following weekly chart of the SP500 shows a brief history of recent market bubbles.

The first bubble shown, 1999-2000 we see on the chart was the .Net bubble where investors were buying companies with no assets and no profit, just an idea. Greenspan was the FED chairman and responsible for monetary policy.

The second bubble, 2007 saw mortgages and debt being given out with no possible way they would be paid back. It was a time for CDO's (collateralized debt obligation) and CDS's (Credit Default Swaps). Bernanke was the FED chairman.

The debt problem of the second bubble was never corrected. The solution has been to create more debt and the third bubble on the chart is forming under Yellen's direction for monetary policy. Inflation may be the way the FED chooses to solve the debt problem. This assumes they can control inflation if started.

Gold

I was looking at March 28th as the start of a new nominal 18 week cycle   ¹ trough.

We had a low on May 31 which was slightly lower than the March 28th low. Our rules would state that we are now in a new Primary cycle starting May 31. This would negate March 28 being a low and make the previous Primary cycle very long.

We outlined the possibilities on the weekly blog two weeks ago and now going with May 31 as the Primary cycle low. This puts us entering the 10th week this coming week. We may have put in a 1/2 Primary cycle or 9 week cycle on July 25th. Watch this closely next week.

Gold has followed general Mars transits in Scorpio. Starting with Mars entering Scorpio in early January 2016 Gold went up. The move ended when Mars entered Sagittarius  on March 5th. Gold then went sideways until Mars turned retrograde on April 17th.

On May 27 Mars reentered Scorpio moving backwards. The red x's on the following daily chart of Gold show the effect of the Mars transits.

Mars will turned direct on June 29th and will leave Scorpio for Sagittarius once again on August 2nd where Gold has a history of moving down or flat. There are also a couple of aspects which could point to a turn. We expect Gold to be flat to down (sideways consolidation) once we get past August 2nd but this may take a few weeks.

The red vertical lines are the 14 cd cycle (calendar date) which has been at tops and bottoms for short term trend changes. The next date is July 28th and then August 11th.

On the following daily Gold charts there are the Venus (green), Jupiter (blue). These are the longitude of the planet converted to price. Gold often makes a big move close to when the Venus and Jupiter price lines cross. They crossed on July 29th and Gold had a big day.

Watch this area as Gold may follow the Venus price line (green). Uranus is active by transit and may result in unusual and sudden change. Before we get there I'm expecting Gold to put in a low. Gold is sitting on the Venus price line at present.

Crude

Feb 11 was the start of the Primary cycle. The crude cycle trough is still forming. It is too early to confirm it at this point but we could have just seen it on July 29. This would put the low in 24th week of an older Primary (nominal 18 week cycle).  Again, this could be the Primary cycle trough but too early to call at this point.

The blue vertical lines are the average longitude of the planets from Jupiter, Saturn, Uranus, Neptune and Pluto. The longitude is converted to price and put on the chart. It has acted as good support / resistance in the past. Lets see if crude reverses near the next price line at 40.39.

Mentioned many times Jupiter and Neptune are the co-rulers of crude. Neptune is in Pisces, the sign that it rules, making it stronger. Jupiter is currently in Virgo the sign of it's detriment, making it weaker.

We are in that area above the next Jupiter Price Line (blue) right now, currently at 39.60.

The red squares are the 24th harmonic between the Sun and Neptune. Amongst other things this harmonic is for a "short term change in trend". The next date is August 3rd then August 18th. August 3rd may be important for many markets. Watch closely this coming week.