Saturday, April 29, 2017

Financial Astrology - May 1, 2017

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Once again this post is a little shorter as we work on the May subscribers report.

SP500
For the SP500, cycle-wise I’m looking at March 27th as the Primary cycle trough.  I’ve left the other possibilities on the chart. They were April 13th and the 25th week of the older cycle. April 13th appears to be a double bottom to the March 27th low.

This puts us entering the 5th week of a new Primary cycle. We should therefore be looking for a pull back into the first 6 week cycle trough. The other possibility would be a ½ Primary cycle but going with the 6 week cycle for now.

We had a descending triangle (green) on the chart. As often happens price crashed through the upper line of the triangle, in effect gaping twice. Those gap areas may act as resistance although I’m expecting a move down to the 6 week trough.

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.

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, I’m looking for a pullback in the short term to a 6 week cycle trough. I’m expecting volatility with both ups and downs but moving forward I’m looking for a low mid-year (June / July) but probably June after reviewing the Astrological aspects.



Note the 15 (red) and 45 day (blue) sma’s. Price dropped below the 15 and 45 day sma’s and has now risen above those averages.


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.

The following chart of the SP500 includes the original Bradley indicator (red line). There are two possible change in trend dates, which maybe the 6 week lows on May 8th and May 12th.



The first week in May has some unusual aspects in Cycle Charts. This will be covered in the subscriber’s letter. Cycle Charts are drawn up for a planet when it crosses 0 degrees of declination from South to North. Venus, the ruler money is prominent. This happening while the USA is considering a change in the corporate tax rate to 15%
This should be a volatile period.

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. Either could eb the 6 week low.

I have added 3 price lines to this chart.
Saturn - black
Uranus - purple
Neptune - light blue

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.



Gold

We put in a low in Gold on December 15th, 2016 which was the 7.4-year cycle low in Gold

Gold most often starts a Primary cycle with a nominal 6 week sub-cycle. This Primary cycle appears to be in a classic 3 * 6 week pattern. Venus turning retrograde is a good signal for a move in Gold and Gold did move sharply lower at the Venus retrograde. Gold now appears to be rolling over into the last 6th week cycle which should take Gold to a Primary cycle low in late April or May.

Heliocentric Mercury enters Sagittarius on April 30th a signature that often signals moves in Gold.

After the Primary low is in I’m looking for precious metals to start moving up. Beyond technical’s and Astrology, countries like China are reducing the rate at which they purchase US treasuries. By May / June watch Gold increase. I am looking at precious metals being the trade of the year.

December 15, 2016 may have been the Gold low we have been looking for. This puts us in the 20th week of the Primary cycle. This looks like the third and last nominal 6 week cycle dropping into it’s low.

Gold like many markets will be affected by the Astrological aspects from late March through April. This may push Gold a little lower or add some restraint in the Spring period.

Other dates to watch for Gold moves are:

May 11, 12     +- 2 td’s

May 23-24      +- 2 td’s

They could be big range days or cycle troughs.

Gold may be affected by the Venus and Mercury shadow dates which are May 19 and May 21 respectively.




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 22nd appears to be the Primary cycle low for crude, although not confirmed. This was in the 18th week of the Primary cycle.

Being the sixth week we would usually be looking for a reversal up and this may still be a good move here. There are many production issues with too much crude to satisfy demand. Someone or some group have to curtail some production.

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.

Giving more credence to a buy here, crude price is on the 50% retracement of the move up from Nov. 14, 2016 to Feb 21, 2017.



I'm watching all aspects to Jupiter or Neptune, the two rulers of crude. 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.


4 comments:

  1. Gold is sold off tonight. Is this the primary cycle low we are looking for? $1250?

    ReplyDelete
  2. I would like to see it break through the 45 day sma. Price is typically below that ma for the Primary trough.

    ReplyDelete
    Replies
    1. Thanks for your reply. Do you think the heliocentric Mercury is having an effect on the sell off?

      Delete
  3. Yes and geocentrically Mercury turned Direct on May 3rd. This means it stopped yesterday and will be moving slowly for a couple of days.

    ReplyDelete