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SP500
For the SP500, cycle-wise November 4th looks like the Primary cycle trough. 1
which puts us entering the 3rd week of a
new nominal 18 week cycle. This was quite probably the 40 week cycle trough
as well.
The next estimated Primary
cycle ( aka nominal 18 week cycle)
low is estimated to be March 6th +- 3 weeks with a range of February 13th, 2017 to March 19, 2017. It could also be the week
of March 19, 2017 +- 3 weeks. 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.
We still have a number of Neptune
transits this month. I still expect general confusion into early December.
There is another date near the end of the month which could
indicate a change. Look to Thursday and
Friday this week. where the transit is about change or transformation. Since Pluto is involved it may represent
changes to debt. With Venus hitting
this aspect on Friday money could be involved. Remember money is debt.
So with the closure of the US markets for Thanks Giving, Thursday and 1/2 of Friday,
those who trade in other markets may capitalize on unique opportunities. I
trade the TSX.
For those who have been reading this blog for awhile I've
been looking for some large deceit or lies being exposed. The whole mess of the
scandals in the US
election was probably it and includes WikiLeaks and Anonymous.
In addition there is a 12 year aspect hitting near the end of the month. This synodic cycle
relates to the growth of international terrorism and political power. It also
has evidence of an impact on the economy. In brief, the attainment of power of all kinds.
Following is a daily chart of the SP500. The brown line is
an adjusted 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.
Following is our normal daily chart for the SP500. Price is now above both the 15 and 45
day sma's. The 15 day is closing in on the 45 day. They both turned up. A usual
setup leading out of a Primary cycle low.
Note, on
the above chart the adjusted Bradley
(brown line) is turning on November 18th.
This should mark a change in trend. For those who have been reading this blog
for awhile I have noted there is often a
pullback 2 to 4 weeks after a Primary cycle low. So in this case 2 to 4 weeks
after November 4th. We are in the 3rd week.
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 ended at 2,2181.90 very close to the 2,184
planetary average. Price opened above the 2184 planetary average and closed
below it.
I'll give
the following one more week.
There is
another longer term cycle hitting next week, the 377 trading day cycle. I
believe I got this cycle from Stan Harley some time ago. Being longer term it'
needs a wide orb +- 1 or 2 weeks. The November 4th low could have been it or it
is directly ahead. Note it has been at highs and lows. See the red vertical
lines on the following chart. I bring this up only to warn of the possibility.
This cycle often appears when Venus is
Out of Bounds in either north or south declination. Venus is Out of Bounds now
and will continue OOB until December 5th, 2016.
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 last hit was
November 4th, the day of the cycle troughs we have been following.
The next hits are then Nov. 23rd and Dec. 9th. They are often at short changes in trend.
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 buying stock directly. They should
review Japan
again.
"Prediction is very difficult, especially about the
future."
-- Neils Bohr
Gold
I was looking at October 7th as the start of a new nominal 18 week cycle 1
trough. Last
weeks move down negates that possibility and leaves us looking for a Gold cycle
low. If Oct 7th was the cycle low and we have a one off move down then this
could be the 7th week. If we are
still looking for the low in Gold, which I think we are, then we are in the 24th week. Note the Primary cycle that
ended on June 1, 2016 was 26 weeks, an outlier.
Beyond the nominal 18 week cycle
there is a 13 1/2 month cycle that
is due for a trough then up. This cycle typically lands in the 11 to 14th month. Again it may have
been October 7th. Watch this closely.
From the two weeks ago blog post:
If
the 13 1/2 month cycle is in front of us there may be a hard move down in
precious metals. Remember our point on heliocentric Mercury entering
Sagittarius. It often effects precious metals and currencies and price swings.
The point on Heliocentric Mercury entering Sagittarius
on November 5th seem to start the move down in Gold. Helio Mercury
will exit Sagittarius and enter Capricorn on November 15th. The slide in Gold precious metals slowed down around
November 15th but continued down later last week.
The following weekly chart for Gold
has the 13.5 month cycle shown as the blue vertical lines. I'm looking ahead to
see if there any Astrological aspect with a history of moves in Gold. The Sun / Neptune
square is one and is shown on the following chart as the red squares. They
have been at both crests and troughs. The next one is due on November 30th. We also have Neptune
turning Direct. The Sun / Neptune square that
follows the Neptune Direct signature is the most consistent for a change in trend
in Gold. That is, it is more consistent than the Sun / Neptune
square that does not occur after a Neptune Direct signature.
Astrologically a low later in
November would make more sense. Beyond the Sun / Neptune square there are 2 very long term aspects on November 17
and particularly November 24, 25
although markets in the US
will not be open on November 24, Thanks Giving, and only a 1/2 day of November.
This is an important week. Subscribers
see the November report.
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
or December.
The following daily Gold chart shows the Venus and Jupiter price lines. Venus are the green lines and blue the Jupiter price lines. Gold has been moving down sharply but pauses, sometimes brieflt during it's descent. I expect Gold to stop going down, at least going down at this rate near a Jupiter (blue) price line. I'm looking at 1,186 and 1,216 as potential turns in the short term.
Crude
August 3rd was the start of the Primary cycle and we now 16 weeks along. We could get a bounce
for one more crest but I'm playing this as a move down into the Primary cycle
low and will ignore any bounce in the coming weeks. I'll look for the low in
the 2nd half of November or early December.
We are ending the 2nd Major cycle
(aka 6 week cycle) trough (MB) and could have seen the 1/2 Primary cycle on
October 19th where I've marked the Primary Top. The end of a Primary cycle is
usually the most volatile and harder to predict. On the following chart the 15
day sma crossed down over the 45 day sma and price just moved above the 15 day
sma. This volatility is usual for a Primary trough formation.
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 have
put in the crest of this Primary cycle on October 19th. With the multiple Neptune aspects on November crude could be volatile.
Watch the following dates for a change in trend in crude.
November 17
November 20
November 24, 25
November 30
Following is a daily chart of crude
shows the price lines for the Sun (green) and Pluto (black). Note that recent
moves down in crude had stopped. or at least slowed down at the up sloping
green line, the Sun price line and broke through to the down-side on November
10th. Crude then moved back up to the Sun price line and may have found
resistance at the Pluto price line. Pluto, the black line often acts as support
or resistance. The next Pluto price is at 46.50.
This comment has been removed by a blog administrator.
ReplyDeleteHi Gord. What would be a good, inflation / deflation - proof investment for the next several years? Precious metals, real estate, commodities, energy, anything else? Thanks!
ReplyDeletePrecious metals and commodities. An interest rate increase could hurt real estate. We should also consider a credit freeze event (due to all the debt) which leads to deflation. Difficult to determine the path forward until we see more market action.
ReplyDeleteThank you!
ReplyDeleteHi Gord!
ReplyDeleteDoes the following recommendation refer to US as well as Canada?
"Precious metals and commodities. An interest rate increase could hurt real estate. We should also consider a credit freeze event (due to all the debt) which leads to deflation. Difficult to determine the path forward until we see more market action."
Thank you very much!
It refers to the US.
ReplyDeleteThank you! Can you provide a recommendation regarding Canada? What would be a good, inflation / deflation - proof investment for the next several years given the current situation in Canadian economy and its perspectives for the future? Is real estate still a good investment, or is it too risky? What are the alternatives?
ReplyDeleteI appreciate your help, and tremendously value the work you are doing!
I'm assuming you are in Canada. There are cities in Canada that appear way overvalued (ex. Vancouver, Toronto) due to the increase in foreign money buying multiple properties in these areas. Almost anywhere else real estate would be a good investment providing you are paying cash and not mortgaged to the hilt. I am assuming interest rates are going up. Some PM's should be good but watch the US$.
ReplyDeleteI don't think we will leave the current troublesome picture until after 2020. In the mean time there should be periods of dramatic innovation which should be breathtaking. The next conjunction of Jupiter and Saturn in 2020 is a mutation conjunction where the conjunction changes signs. This is a 240 year event. I'll be writing about this is the subscribers report in early 2017.
Thank you very much, Gord! I appreciate your help! And the information about dramatic innovation is exciting!
DeleteGord - do you think the price of gold and silver reached its bottom? Is it a good time to buy? Thank you!
ReplyDeleteThe cycle is very late. I'm waiting for gold to regain 1200, ideally 1220 before any more purchases. At the present time I will hedge my holdings.
ReplyDelete