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SP500
For the SP500, cycle-wise November 4th was the Primary cycle trough. 1 which
puts us entering either the 24th
or the 2nd week of a nominal 18-week cycle. If week 2 then, April 13 was the Primary cycle low This is not
confirmed. We’ll have to wait for price action next week to determine if we
are at the start of a new Primary cycle.
It should be noted Primary cycles (18 weeks) most often
start with a nominal 6 week sub-cycle. The 2nd most common start is a 1/2 Primary or
9 week sub-cycles. The nominal range for
the Primary cycle is 13 to 21 weeks. Currently the high of this cycle was
on March 1st closing at 2396 in the
SP500. This high was very late in the cycle. It is very right translated which
by itself would be bullish.
This cycle is so late I expect the cycle to expand, probably into the 22 – 23+ weeks
area possibly longer. I have covered my shorts although I still have shorts
in the TSX (Toronto Exchange).
The last 2 months have been unusual and very difficult to
forecast. A turn on April 13th was just
before the Sun conjunct Uranus and Venus turning direct from retrograde.
To summarize, there was a tremendous move up from November
4, 2016. It went sideways starting in early December then up again near the Jupiter retrograde on February 6th. The
US markets are very overvalued at this time.
I had mentioned there was large sums of money going into the
US markets. In a previous post I mentioned the FED injecting 200 billion + into
the markets. Today I found the ECB and BOJ have purchased 1 trillion dollars in
assets since January 1 2017. One of the reasons the markets rose at this rate.
The following chart of the SP500 shows the heliocentric
Bradley indicator (blue, horizontal, jagged line). It is suggesting a market
turn on Monday April 24th.
Note the 15 (red) and 45 day (blue) sma’s. The 15 day sma
has crossed below the 45 day and is pointed down. Price went below the 15 and
45 day sma. This is something we watch for a Primary cycle troughs.
The look back for the 15 day sma is going to drop some
higher values which by itself would mean the 15 day should move lower.
This coming week has fewer significant Astros than what we
have seen in March and April. Nevertheless, there are some new ones and the
longer term aspects we have mentioned still apply and confusing Mercury
continues it’s retrograde motion until
May 3rd.
April is filled with powerful Astrological aspects and
events. Don’t discount the aspects of the larger planets. They can cover longer
periods of time. For example, 2 weeks ago we had Saturn going retrograde. This
can last for a number of weeks and is a period of review, taking stock,
restriction, fear and correct recent mistakes. The Sun always trines Saturn
approx. 11 cd’s, (calendar days) after Saturn turns retrograde. This was April
17th.
This is a month of retrogrades. The following planets turn
retrograde or direct this month; Saturn retrograde, Mercury retrograde, Venus
direct and Pluto retrograde. See last week’s blog.
Next week, starting on Saturday:
April 23 Mars squared
the North Node
Mars squared to the North Node
gives the courage to follow through on any new ideas. Risk taking. Watch out
for law enforcement or military. This can also represent accidents due to
carelessness and mechanical breakdowns. Watch for this on the weekend and the
first couple of days next week.
April 24 Mercury
trine Saturn
This should add some level of
patience with the events transpiring around this signature. Mercury continues
in retrograde motion until early May and brings it’s own level of
miscommunication. Both planets are in Fire signs, Aries and Sagittarius. Aries,
looking at the US as a whole, and can represent how the nation projects itself
to the world. With Saturn in Sagittarius the law, religion could be emphasized.
April 27 Mars
sesquisquare Pluto
The sesquisquare aspect is 135
degrees and can represent when one makes a mountain out of a molehill. It can
reveal an area of frustration or disappointment.
April 28 Venus enters
Aries
Venus here is connected to national
resources and finances. It may also affect the way women are represented or
themes associated with women.
Mercury conjunct
Uranus
Like Mercury trining Saturn above,
retrograde Mercury will conjunct Uranus throwing our attention to air and rail
transportation. There may be an accident of some significance. This could also
be pointing to a period of wild weather, upheavals, lawlessness, protests and
inventions / technological events.
Mercury aspecting Saturn then Uranus within a few days may trigger a sudden, unpleasant event.
Mercury aspecting Saturn then Uranus within a few days may trigger a sudden, unpleasant event.
The first week in May has some unusual aspects in Cycle Charts.
This will be covered in the subscribers letter. Cycle Charts are drawn up for a
planet when it crosses 0 degrees of declination from South to North.
Venus
The following chart shows Venus retrograde, the Inferior conjunctions
of Venus and the Sun and Venus going
direct on April 15th. Read the last couple of blog post for more
info on Venus retrograde.
Notice that the SP500 turned down when Venus turned
retrograde (red arrow) and now may turn up near the Venus direct date (blue
arrow)
Mercury
The other planet inside the Earth’s orbit is Mercury. It too
has inferior and superior conjunctions. On the chart the red arrow is Mercury
turning retrograde, then the Inferior conjunction of the Sun and Mercury and
then the blue arrow which means returning to direct motion. Mercury can be a
very confusing time. Mercury will turn direct on May 3rd.
All the longer term Astrological aspects and events still
apply. See previous blog posts.
Watch for potential geophysical events, violent weather or
increased conflict. Mars is the planet of war, conflict and aggression. We had
noted this last week and we got the USA bombing
Syria on April 6th
the same day Mars trined Pluto. A war aspect. We also had the use of a
MOAB bomb and potential crisis brewing in North Korea. From other sources,
there may be an event or issue with water in the USA. This summer may see
increased geophysical activity, particularly around the Solar eclipse.
As mentioned in previous weeks both Israel and Egypt (mid-East) may come to the fore this year as
regards to conflict and aggression. Iran
and Turkey may be included as well. This may be seen before the end of
April. This is connected to the on-going Saturn
/ Uranus trine, a 45 year aspect which is exact again on May 19th.
Mars is active and can result in war or conflict. The US should stay
out of any conflicts as they should concentrate on growing health and legal
problems at home. If the US does get involved it could result in many
casualties. At this point watch Syria and North Korea. Coming up, can Iran be
kept off center stage?
In mid-May we have the Saturn / Uranus trine. The Saturn trine Uranus aspect is a right wing,
conservative process with a history of the development of capitalism. This is
an aspect to bring out new ideas, inventions, insights and reforms. This aspect
also has a strong connection with the
Middle East and Israel and Egypt
in particular. It is a 45-year cycle. When looking at Brexit and recent
political actions in the USA with the Trump presidency look no further than the
Saturn / Uranus trine.
I continue to watch the 24th
harmonic cycle (360 / 24) cycles for short term turns. The brown squares are
Sun / Saturn 15 degrees on the following daily chart.
The last hit was on April 17.
The next hits are May 2nd then May 17th.
I have added 3 price lines to this
chart.
Saturn - black
Uranus - purple
These price lines can act as
support / resistance. Also on this chart are blue vertical line which is the 24 cd (calendar day) cycle. It has
been at highs and lows.
The date of March 1st is the same
date as the 24 Harmonic. We went down.
Looking forward I'm expecting
difficult markets through April timeframe.
Gold
December 15 should have been the
Gold low we have been looking for. This puts us in the 19th week of the nominal 18 week cycle. Since December 15th Gold has
been trending up showing three crests of higher highs and higher lows. This is
bullish. Gold showed a Doji on the close on March 10th. This is often a turn
signal. It stalled for a couple of days and then went up. Currently April 17th may have been the Primary cycle crests. April
17th was the first trading day after Venus turned direct on April 15th.
This was an Evening Star Doji and
almost on the 23.6% retracement on the following Gold chart.
Price is now above the 15 and 45
day sma with the 15 day pointed up.
I had been looking for a pullback
in precious metals followed by a stronger and sustained move up which could go
on for a few months.
A pull back now may turn out to be
a great entry point. Watch closely over the next couple of weeks. Gold would
benefit if the Debt Ceiling was covered by increasing the money supply and
hence, inflation may be seen.
Gold like many markets will be
affected by the Astrological aspects for April.
Mercury turned retrograde on April
9th. Gold shot up one day after the retrograde date. The Inferior
Conjunction was a non event. I’m waiting for a pullback into the Primary cycle
low. Once complete precious metals should be the place to be. The inferior
conjunction is April 20th and the blue arrow is Mercury turning
direct on May 3rd. We may see resistance in the 1298 area.
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.
Crude
March 22 was the start of a
new Primary cycle. This would put us in either the 5th week of a new Primary
cycle.
The pullback this week may have been
the pullback I have mentioned many times. That is a pullback 2 to 3 weeks after
a Primary cycle trough. The down move this week looks a little severe and may
be pointing to further negative action in the crude market.
The blue horizontal lines are the average longitudes of the planets
Jupiter, Saturn, Uranus, Neptune and Pluto converted to price. They should act
as good support / resistance areas. That blue line currently above price is at 54.85
and I'm looking for this area to be strong resistance.
I'm watching
all aspects to Jupiter or Neptune,
the two rulers of crude. As one reader pointed out this should include both geocentric
and heliocentric aspects. Crude can also be effected by Pluto as it rules “things
from the ground”. Pluto turned retrograde on
April 20th,
in the middle of the move down.
Following is a daily chart of crude
showing the price lines for the Sun
(green) and Pluto (black). Note that recent move down is in the middle of
the Sun price lines (green). Watch both the Sun and Pluto price lines.
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