Merry Christmas
SP500 December 18
The last Primary cycle low was August 21st, the day of the
Total Solar Eclipse. The standard for the Primary cycle is 18 weeks. We are now
starting the 17th week of the SP500 Primary
cycle which has a range from 15 to 23
weeks. This has been an unusual time with the general market indices
seemingly unstoppable.
I mentioned before the Jupiter
trine Neptune and Saturn trine Uranus needed some Earth signs which is more
disciplined, status quo and not apt to see rampant changes or inflation.
We currently have 6 planets in Fire signs and 1 in Earth
signs. This will start to change Dec 19 with Saturn entering Capricorn. By Jan 11 there will be 5 planets in Earth
signs. Does this mean more stability? Not if you look at January and
February. In particular there are 2 Super Moons in January and then a powerful
Solar Eclipse on Feb 15. More on this powerful eclipse and earthquake’s in
general in late January’s post.
Whether it is central bank money,
corporate buy-backs or money from some other source we need to know the time
periods where a correction is more probable. We look at Cycles and Astro events
that have a history of being 65% - 72 % correct. We will continue with this
approach.
Note this last Primary cycle low
on August 21 was not very deep. Price was below the 15 and 45 day sma and the
15 day dipped just below the 45 day sma.
The following daily chart of the
SP500 shows the Bradley indicator (thick red line). It indicates a possible
change in trend near Jan 8. The current
daily closing high was December 15th
at 2,675.81
We should stay aware the trends in the major US
indices remain up and that is the way they should be played.
Last week we mentioned on Dec 9 Mars enters Scorpio, the sign
that it rules along with Pluto. This has a strong relationship to changes in
trend in Gold and it appears an effect on the broader market indices as well.
Check the Gold chart. This may have been the Primary cycle bottom in Gold but
watch closely for a pull back before a bigger move.
Other aspects with an effect on
the markets are:
Dec 19 Saturn enters
Capricorn
Dec 20 Venus trine Uranus
Dec 21 Sun enters Capricorn and conjuncts Saturn.
Dec 22 Mercury turns Direct
Merry xMas
The following week may be more
active as Saturn enters Capricorn, the sign that it rules.
Watch for news from or about France including countries with
an influence from France like North Africa.
There is a longer term Market
cycle coming due. That is the 9 / 18 month cycle as seen on the following weekly
chart. I’m looking for the markets to start
a move down between Dec. 18th
and January 10, 2018. January 8, 2018 may be the bottom.
The above combination could be
defining problems / restrictions for the general population, particularly the
mature population and with the Sun could affect the President or other leaders.
This combination could affect a number of years in the future as Saturn is in a
sign for approx.. 2 ½ years. Other conditions this may highlight are State
funerals, public sorrow and disappointment in general. State assets could be
affected as well as industries connected to metals and mining.
The following monthly chart of
the DJIA shows when Saturn has been in Capricorn (red x’s). Notice they have
all had significant drops. This chart also has the 15 year cycle which will be
coming due in 2018.
The following daily chart of the SP500 shows the
Jupiter price line (blue) and the Sun/Earth price line (green). Both of these
price lines have a history of providing support and resistance.
Price ended on the Jupiter Price Line on Dec 8. When
the two lines cross we often see a big range day or reversal.
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 hit is Dec. 21st and Jan 5, 2018.
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 Price Line. Note how it
has been strong resistance to price but has broken through. It should act as
strong support when the market turns down.
Also watch around November 10
/ 11 where the Saturn and Uranus Price Lines cross.
I’m watching Bitcoins, but just
watching.
Gold
Gold is in it’s 23rd week unless December 12 was the Primary
cycle low. At this point it cannot be confirmed although I’m leaning to
that outcome. It’s possible we get another pullback but overall, we should be
headed up within the next couple of weeks.
Dec 12 was close to the Mars
entering Scorpio mentioned last week.
The 15 day sma is below the 45
day sma and both are curling down. Price is below both. This is the picture we
want to seat a Primary cycle low.
Note on the Gold chart below,
the red horizontal lines are the retracement from the move up from December
2015 to Aug 4, 2016. Gold stopped at the 38.2% retracement.
This will be interesting to see
if a Gold rise is affected by BitCoin and other crypto currencies.
The following chart shows
seasonal tendencies for Gold. The 2nd half of the year, on average, is up.
The longer term.7.4 Year cycle
is shown in the following weekly chart. Note we are still early in the latest 7.4
year cycle.
The following chart shows a 27 cd (calendar day) cycle (blue
vertical lines). The next being December
22nd
The red lines headed up are the Mars price lines. It has hit one of the
main Mars Price lines (darker red) and got support here. Looking at this whole
chart it is based on a 24 harmonic. If you count each line from one darker red
line to the next you will find there are 15 of them. 15 * 24 degrees = 360
degrees.Note price went down to Dec 12 where it bounced of a Mars Price Line.
The following daily chart of
Gold shows the days Mars is entering a new sign (red squares). Look at this
using +- 3 td’s (trading days). The date
is December 8th. These can be at highs or lows. This next one
will be as Mars enters Scorpio the sign that it rules. Note on the chart, Mars changing signs, to
any sign often has a change in trend in Gold price. The blue circles highlight
when Mars enters Scorpio.
Crude
We were looking at October 6th as being the
trough of the last Primary cycle. The
move out of that date was the start of a Primary cycle. We are entering either the
11th week of the Primary that started on October 6th
The horizontal blue lines are
the average longitude of the planets
Jupiter, Saturn, Uranus, Neptune and Pluto (blue). Note how price stopped
on August 1 and August 31, right on
the average longitude. See it again on Sept 14.
The horizontal red lines are the
Fibonacci retracement from Nov 14, 2016 to Feb 21, 2017.
There have been 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. December 2nd
was the Jupiter waning trine
Neptune. Watch for a change in trend in crude.
Watch the red Fibonacci
retracement lines and the blue planetary averages.
Also watch the 15 and 45 day
sma. The 15 day is curling over while the 45 day sma is headed up. And is below
price.
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 price line (blue). The
Pluto price line acted as support on
Nov.15th and now at the next level up is acting as resistance.
Note how price often follows the
Sun price line up and often stops and reverses at the Pluto price line. We
often get big range days when the two lines cross, like October 27th.and
Nov 22.
We want to see the Crude price
break above the Pluto price line (blue) to signify Crude is going higher.
No comments:
Post a Comment