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The last Primary cycle low was August 21st, the day of the Total Solar Eclipse. The energy of the eclipse of this ellipse is still being felt. First from Harvey, Irma and then an 8.1 then a 7.1 earthquake in Mexico. Now possible volcanic activity in Bali.
We are now 7th week along and looking for a pullback into the nominal 6 week cycle low. This could extend into a nominal 9 ½ week sub-cycle but I think not. I’m looking for the market to pull back next week. but I’m not looking for a crash.
Note this last Primary cycle low was not very deep. Price was below the 15 and 45 day sma and the 15 day dipped below the 45 day sma.
The following daily chart of the SP500 shows the Geocentric Bradley indicator (thick red line). It indicates a possible change in trend near October 9-23 . Look for surprise events. The rules for reading the Bradley indicator are in Section 9 of the subscribers report.
On Monday October 9th there is a Sun square Pluto aspect. The indices often go down after this aspect. October 9 is also 34 tds (trading days and a Fibonacci number.) from the August 21 Primary trough.
There are a number of different types of Astrology. The two main types are Vedic and Western Astrology. We mainly use Western / Mundane Astrology on this blog but occasionally will use Vedic Astrology. In Vedic Astrology the financial markets often go down when Venus moves through Vedic Virgo. That starts Monday October 9th as well.
Jupiter will be entering Scorpio this week, a fixed water sign. Jupiter, known as the grand benefict can also indicate that which is overdone, particularly in the intense sign of Scorpio. In mundane astrology Scorpio relates to financial relations with foreign countries, crime and public safety. This may manifest in the religious or judicial world. The national or state religion and priests. The justice system, prominent judges, barristers and national inquiries. Jupiter in Scorpio would also refer to a nation’s wealth, banks and bankers. Watch for these in the coming weeks. Jupiter spends approx. 1 year in a sign.
The longer term aspects we have been mentioning are still in orb.
Jupiter in opposition to Uranus on September 28.
Mars in opposition to Neptune on September 24.
There is also a third aspect on October 7th, Uranus semi-square Neptune. This is the 172 year cycle. I don’t usually cover semi-squares but this aspect is between two long orbit planets. These two planets have been close to a semi-square for a number of months.
I had also mentioned that this timeframe may affect Israel and possibly other countries. North Korea is still active and may be for some time. Watch October 7 - 11 for actions that may have longer term consequences.
From “The Book of Rules” aka “Rule for Planetary-Picture’s.
Uranus / Neptune
Suddenly incapacitated, unconsciousness, Checkmated, Crisis, Revolution, Dead Persons.
In addition to the above there is a potent transit between transiting Saturn square the USA natal Neptune. Hard aspects to the USA's Neptune and Mars often coincide with financial disruption. Saturn will square the USA Neptune and oppose it's natal Mars 3 times in 2017. January, July and October.
The effect of Saturn square Neptune can be deflationary. With the buildup of credit in the economy aspects could bring on defaults, cash shortages putting stress on the credit markets. Saturn / Uranus is coming up in November.
From a Mundane Astrology perspective, it covers socialism, and left wing political ideas. It is associated with mobs, secret plots, fraud, swindling, bogus companies, loss and liquidation. This same aspect was near exact during the election period
From “The Book of Rules” aka “Rule for Planetary-Picture’s.
Saturn / Neptune
Habit, things of long duration, sickness, chronic conditions.
The following weekly chart of the SP500 shows the 5 month (blue) and 10 month (red). The 5 month cycle was September 4. The 5-month cycle often is at the start of a slide down but not sliding yet. This looks to be inverted.
The Pluto Direct signature on Sept 28 has a history of occurring close to 50 week cycles.
The following chart is the 50 week cycle. The pink vertical lines are the 50 week cycle. The red squares show the Sun conjunct the North Node. The blue squares are Saturn turning direct. Both signatures have a history with the 50 week cycle.
I had mentioned a math based approach on the Gold section on last weeks blog. It had forecast a low on September 26 +- 1 td (trading days).
I’ve tried one more and it is forecasting a change in trend for the SP500. The date is October 9 again +- 1 td.
I continue to watch the 24th harmonic cycle (360 / 24) cycles for short term turns. The brown squares are Sun / Saturn 24 degrees on the following daily chart. The blue vertical lines are 24 cd’s (calendar days).
The next hits are Oct 16 then Nov 1st.
I have added 3 price lines to this chart.
Saturn - black
Uranus - purple
Neptune - light blue
These price lines can act as support / resistance. It has been at highs and lows. Note also when they cross often gets a reaction in price on a short-term basis. Also note, near the top of the chart is a light blue line. This is the Neptune PriceLine. Note how it has been strong resistance to price but has broken through.
In summary with the aspects in front of us I’m looking for a surprise event to turn the markets within the next two weeks. No matter what the foretasted price movement is, the reality is the major US indices are in weekly uptrends. The indices have to start moving down. For example the SP500 below 2485.
Gold put in an impressive rally into Sept. 8th. July 10th was the Primary cycle low and we are now 13 weeks along. Remember the 6 week and 9 ½ week are typical cycle lengths for cycles in Gold. The Primary cycle has an average length of 18 weeks but has a range from 15 to 22 weeks.
Sept 8th was the nominal 9 ½ week crest and may be the Primary cycle crest as well. We now wait for a further pullback or reversal up. A key timeframe may be around October 15-17. Gold may also have put in a trough on Friday. Watch Gold closely next week.
With the Shanghai exchanges covering both Gold and Crude this will reduce the number of US dollars used in trading these items. The Jupiter / Uranus opposition and also Pluto turning Direct last week are still in orb and could affect Gold in a positive way. The latter has a history of turns in Gold. Both need +- a few trading days.
Note on the first Gold chart below, the red horizontal lines are the retracement from the move up from December 2015 to Aug 4, 2016. Gold had stopped moving down around 23.16% fibonacci retracement and then moved down again last week..
I’m looking for Gold to put in a trough and then move up approx. weeks. Then down to the Primary cycle low.
The following chart shows seasonal tendencies for Gold. The 2nd half of the year, on average, is up.
The following chart shows the 39 td cycle. It is the blue vertical line.The 61.8% Fibobanni retracement around 1281 may offer resistance going back up.
I was looking at precious metals being the potential trade of the year but this may be delayed. The 4th quarter of 2017 may still see a rising Gold price.
The following chart shows a 27 cd (calendar day) cycle (blue vertical lines). The last one being on October 2nd. and the next October 30th.
The red lines headed up are the Mars price lines. Note that price peeked below the Mars price line but closed almost on it. We often see support / resistance at the Mars price lines.
Oct 16, 17 are two other dates to watch for a turn in Gold. This is 15 weeks along.
We are looking at June 21st as being the trough of the Primary cycle. The move out of that date looks like the start of a Primary cycle. We are entering the 15th week.
The horizontal blue lines are the average longitude of the planets Jupiter, Saturn, Uranus, Neptune and Pluto. Note how price stopped on August 1 and August 31, right on the average longitude. See again on Sept 14. Crude moved down sharply on Friday October 6th. Crude should be a buy around 46.00.
Crude has now hit the Fib retracement at 23.6%. Like Gold we may head down here and watch to see if the average longitude acts as support.
The horizontal red lines are the Fibonacci retracement from Nov 14, 2016 to Feb 21, 2017.
If we break down, any move close to 46.00 should be a buy.
There were a number of aspects involving Jupiter and Neptune, which resulted in a move up from June 21st. Jupiter and Neptune are the co-rulers of Crude and NatGas.
From last week:
“Watch the period around September 28 where Jupiter aspects both Neptune and Uranus. Venus opposes Neptune in the same time frame.”
Also from last week:
“September 24 could mark a turn in crude where we have Mars opposing Neptune. In fact the next two weeks will have multiple aspects to Neptune and Uranus. It may be volatile.”
So the turn so far was Sept 28th. Watch the red Fibonacci retracement lines and the blue planetary averages.
Also watch the 15 and 45 dat sma. Both appear to be rolling over perhaps both preparing for a trip down to their Primary cycle troughs.
On the following daily chart of crude note the green lines sloping up. This is the price line for the Sun/Earth. The blue lines moving horizontal is the Pluto priceline.
Note how price often follows the Sun priceline up and often stops and reverses at the Pluto priceline.
From last week:
“I suspect we will break down through the Pluto priceline”.
And Friday Oct 6 crude moved sharply down through the Pluto price line.