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I've changed the format a little by including more Video.
SP500
For the SP500, cycle-wise June 27 was the last Primary cycle trough. 1 that
puts us entering the 17th week. I
was looking for a possible 50 week low to coincide with that June
27th Primary trough. The sharp move up after the June 27th Primary low seems to
confirm this was the 50 week trough as well.
The next estimated Primary
cycle ( aka nominal 18 week cycle)
low was estimated to be October 24 +- 3 weeks with a range of October 3rd to November 14th. As we get closer I use the upcoming Astros to try
and get a more exact reading on when the Primary cycle trough will occur. As I
mentioned some weeks ago on a previous post the cycles, as they get closer to the US Election, cycles that are due
may expand into the Election date. The Election date is November 8th. We
will need a range around that date and look for Astrological transits or events
that have a history of moves near Primary cycle troughs. These will be included
in the November Subscribers report. On October
22 the Sun enters Scorpio and will be there until November 21. The market, with the Sun in Scorpio, is often volatile
with a history of big moves in both directions during this period. For US stock
indices the period when the Sun is in Scorpio and the Moon is in Aquarius can
coincide with a change in trend. This year that would be November 6th, 7th, 8th.
I've mentioned Election day, November 8th +- as a possible low but this could mark a high and
the start of a more severe slide. We could also see a bounce into the election
period then down. It will be very important in assessing the trend as we
approach the November 8th period. I'm watching price action as we get closer.
Currently I'm looking for a low near November 8th but it could be choppy on the
way.
For those who have been reading this blog for awhile I've
been looking for some large deceit or lies being exposed. This maybe what is
coming out of Wiki leaks and Assange but it hasn't made it to the Main Stream
Media. There have been many little lies exposed. The internet outage on October 21 is certainly an indication of how
secure the internet is and how vulnerable to attack. As someone said
"Build a FireWall before a wall."
One area of note.
Saturn will be at 14 degrees, 41 minutes
in Sagittarius on November 3rd. This is conjunct the Fixed Star Sarin.
Fixed Stars are treated as if they stand still. They do move but very slowly. Saturn moves slowly as well. It takes
approx. 29 years for one trip around the Sun. The last time Saturn was in this position was
September 5, 1987. A
few days before the market crash of '87. This is far from definite but look
for a possible severe move down around November 3rd - 8th or shortly
thereafter. We'll know better as we get closer in time.
In mundane astrology the star names can also be significant.
On March 20, 1995 there was a sarin attack on the Tokyo subway, killing at least a dozen
people, severely injuring fifty and causing temporary vision problems for
nearly a thousand others. Transiting Jupiter was conjunct this fixed star Sarin. Note I am not
forecasting the same event.
Mars entered
Capricorn on Sept 27th where it
is exalted. One more piece of a move
from mutable signs to Cardinal signs. Here Mars, male energy, is the initiator
of action in the worldly environment and is kept in check by Saturn the ruler
of Capricorn. Mars leaves Capricorn and
enters Aquarius on November 9th, the day after the US Election. This coming
week we will have Mars square Uranus on October 29th. The markets should see
increased volatility.
We saw a number of earthquakes over 6.0 last week as expected.
With a number of Neptune
transits in November we may see more.
Following is a daily chart of the SP500. The blue line is
the heliocentric Bradley indicator. It's purpose is to find a change in trend. This
is not straight forward to read and the details with video are in section 9 of
the subscribers report.
Note the next V shaped bottom of
that indicator is right on October 24th,
2016. It has no polarity by itself. This suggests there will be a move but
not the direction of the move.
Video
Following is a chart of the planetary average longitude. The
horizontal blue lines are based on the average longitude of the planets
Jupiter, Saturn, Uranus, Neptune and Pluto which are converted to price. The
levels this calculates typically are excellent points to place sell or buy
stops. I often use them with Fibonacci retracement levels as well. Price went
up Oct 14 and just touched the 2151 line (blue) and fell back intra-day to
close at the low of the day. The index has gone sideways since.
Other transits over the next couple of weeks point to a
volatile period in the markets.
Another chart is the daily SP500 with the Sun and Pluto
price lines. Green is the Sun and black is Pluto. Notice, the SP500 was stopped
at the Pluto price line (black line) on October 13th, edged up over the Sun
price line and on Friday touched the Pluto price line and moved up close to the
Sun price line. I'd like to see price move through the Pluto price line (currently at 2129) with good volume.
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 Nov 4th then Nov. 23rd. They
are often at short changes in trend as seen on the August 1 date which was
followed by two strong moves down.
Rumors from the FED that Yellen wants
a "high-pressure economy" meaning increased inflation with no rate
cuts. There were also rumors of the FED considering buying stock directly. They
should review Japan and the BOJ buying the stock market.
“The future
influences the present just as much as the past.”
-- Friedrich Nietzsche
-- Friedrich Nietzsche
Gold
I was looking at May 31 as the
start of a new nominal 18 week cycle 1
trough.
Gold appears headed down into it's
Primary trough. We have hit a couple of the dates identified in the subscribers
report with more to come. A review of the daily chart shows the 15 and 45 day
sma are pointed down with the 15 below the 45 and price below both. The Gold
Primary cycle is due for a trough. It is currently entering the 20th week.
It is possible October 7th was the Primary low but unconfirmed. Price hasn't made
a big move up. I think we will go down next week. This could also wait for a
trough until the US Election time period.
The US elections could start
interfering with the normal length of cycles if it gets to the end of October
without hitting it's trough. Note, Gold has been going sideways for the last 12
days.
When we get in situations like
this, Gold due for a trough but weakening if the US $ continues up I don't buy Gold
or gold stocks, I put in resting buy orders at critical levels. They are
triggered when price reaches that level. There are other strategies that could
be employed using options.
The following weekly chart for Gold
has the 13.5 month cycle shown as the blue vertical lines. It has been close to
both highs and lows and we are close now.
The next chart is a longer term
monthly chart showing the 7.4 year cycle in Gold. They are the red vertical
lines. Note that the 7.4 year cycle put in a low in late 2015. We are now in a
pull back but we are very early in the 7.4 year cycle which should be bullish
in the long term. I'm looking for a more substantial move up later in November.
We should go down first.
Crude
Feb 11 was the start of the previous Primary cycle. The crude cycle
trough hit again on August 3rd where
we have another Primary Cycle trough (PB).
We have had a Major cycle (aka 6
week cycle) crest (MT) and a Major cycle trough (MB) and are going up into the
second Major cycle of the Primary cycle.
I'm watching
all aspects to Jupiter or Neptune,
the two rulers of crude. The price of crude is subject to the vagaries of the
OPEC group and the actions of it's individual members. We had been looking for
a retest of the August lows but now may
have put in the crest of this Primary cycle on October 19th. Many markets
will be influenced by the US
leading into the November 8th election. The month of October's Astrological
aspects should see increasing geo-political stress.
This is an
unusual situation when crude price is increasing while Gold is falling and the US $ makes
gains. This will not go on for a long time.
The following weekly chart of crude
has a 16 week (red) and 24 week (blue) cycles. Where they land together red +
blue = green. They hit on October 10th
and that was a big range day for crude.
The green cycle has been at both
highs and lows in crude and sometimes very sharp moves. I'm looking for crude
to fall back from here.
This is a weekly chart. The red
square on the chart is the Jupiter quincunx (150
degrees) Neptune
aspect
Following is a daily chart of crude
with the 24 week (black) and the 12 week (red) cycles. Again pointing to a move
down.
Yes, that would be more normal. In other markets the SP500 has gone no where since mid-year, Gold since May '16, Crude since June '16. We have some volatile signatures coming up this weekend and Nov 1 but I'm now looking after November 8th for any real movement.
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