Financial Astrology - May 29, 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 27^th as the Primary cycle trough and April 13^th as a double bottom.

This puts us entering the 9^th week of a new Primary cycle. We got a 7 week pullback which should mark the first nominal 6 week cycle trough. The other possibility would be a ½ Primary cycle (9 week) which would be 1 to 2 weeks out.

We had a descending triangle (green) on the chart. As often happens price crashed through the upper line of the triangle, in effect gapping twice. Those gap areas may act as support. Note price moved down and bounced close to where the arms of the descending triangle met.

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. The recent highs were on March 1st closing at 2,396 in the SP500 then a high om May 25th at 2,418.71, a new All Time High.

I’m expecting volatility with both ups and downs but moving forward I’m looking for a low probably mid-June after reviewing the Astrological aspects.

Recently we have had the 45 year aspect Saturn waning trine Uranus on May 19, the Venus opposition Jupiter on May 19 and Venus square Pluto on May 25^th. The 45 year aspect requires a wide orb but the other two have a strong affiliation with cycle turns within 6-8 days. I’m expecting a high at any date and then a move down either next week or mid-June.

Note the 15 (red) sma and 45 day (blue) sma are both above price. Also note on May 25 and 26^th price was stopped at the Saturn (black) price line.

Another cycle that has been at highs and lows is the 40 trading day cycle (td). Next due May 24^th +- 3 tds.

Other Astros coming up this week are:

May 29 Mars opposition Saturn (US markets are closed).

            Can effect a change in trend given a broad orb +- 11 td’s.

June 1 Venus trine Saturn

June 3 Venus conjunct Uranus

June 3 Venus trine North Node

Later this month we will have Jupiter turning direct and Neptune turning retrograde. These are within 5 td’s of each other and could be signaling a powerful change in trend. These are the two co-rulers of crude. We could see a change in trend in crude at the same time.

The following chart of the SP500 includes the heliocentric Bradley indicator (blue line). There were three possible change in trend dates, which may have been the 6 week lows. Coming up we have potential turn dates on

May 26^th and late May, early June.

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 May 17^th, the big move down.

The next hits are May 31 then. June 15^th. Any could be 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 June 5th is the next 24 cd cycle.

May 12 was the day the general population became aware of the Cyberwar that's been going on for some time. Note the references to May 12th above and the Mars waxing square to Neptune on May 11th.

I brought up the August 21 Solar Eclipse in the May market letter. This should bring significant events in that time frame. In the mean time, I will monitor transits that may hit the location of the Solar Eclipse. An example in this blog is May 15^th when the North Node transits over the point of the eclipse. 

The path of this very important Eclipse is seen in the following:

I added the chart of Iran to this post. The center circle is the Chart for Iran when the Ayatollah Khomeini returned to Iran. The outer circle is the planetary position for May 20, 2017.Note the square between the natal Pluto and transiting Pluto. Also note transiting Mars is trine natal Pluto and transiting Mars is quintile transiting Pluto.There is going to be trouble in Iran in the next few months. July / August may be it.

Gold

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

Gold appears to have put in a Primary cycle low on May 9^th, but not confirmed. If we look at the older cycle it is 24 weeks along putting more emphasis on the May 9^th low which would put us in the 4th week of a new Primary cycle.

Gold most often starts a Primary cycle with a nominal 6 week sub-cycle. Watch Monday +-, the Mars / Saturn opposition often signals a short sharp move both up or down.

Later in the week we have 2 aspects with a history of change in trend for Gold. These are June 3, Venus conjunct Neptune and June 4^th Sun square Neptune.

As mentioned many times we often get a pullback 2 to 3 weeks after starting a new Primary cycle.

After the Primary low is in (remember it is not confirmed) 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 potential trade of the year.

Gold like many markets was 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.

From last week. “Gold may be affected by the Venus and Mercury shadow dates which are May 19 and May 21 respectively”. The trend changed from up to flat.

The following chart shows a 27 cd (calendar day) cycle (red vertical lines) which was at May 15^th +- 2 td’s. Note the MACD and CCI indicators at the bottom of the chart. CCI appears headed up. The next one is June 12^th.

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

We had May 5th as the Primary cycle low. This puts us in the 4^th week pf the new Primary cycle. Remember our rule just covered under Gold above. At the start of a new Primary cycle we often get a pullback 2 – 3 weeks along.

There have been a number of aspects involving Jupiter and Neptune, the co-rulers of crude. There have also been aspects to Pluto which rules all things from the ground.

Coming up in June we have Jupiter turning Direct and Neptune turning retrograde within 5 td’s of each other. Both are co-rulers of crude.

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

.

Note how the move down stopped close to the blue line and bounced off it.

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 20^th, 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 stopped near the Pluto Price Line On May 4^th then had a big range day on May 5^th. On May 25 price moved up to the Sun price line then moved down sharply. Almost touching the Pluto price line.