The last Primary cycle low was August 21st, the day of the
Total Solar Eclipse.
We are now starting the 14th 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.
Price dipped briefly on Nov.15
and then continued up.
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 adjusted Bradley indicator (thick green line). It indicates a
possible, I emphasize possible, change in trend near Dec 4. The current daily closing high was November 30th at 2667.84
November 24 / 25 is also a Martin Armstrong turn date. Look for
surprise events. The Martin Armstrong turn dates are based on his Economic
Confidence model. It is defining turns for the world economy although they
often show up as turns in the markets.
We should stay aware the trends in the major US
indices remain up and that is the way they should be played.
Astrology wise, early next week
should be somewhat quieter until Friday Dec. 1 when we have a Perigee Full Moon over the weekend, Mars in opposition to Uranus and Venus entering Sagittarius. Perigee Full Moons often see an earthquake.
On Dec 2 Jupiter trines Neptune. On Dec 3 Mercury turns retrograde and the Sun squares Neptune. The
latter two aspects have a history of changes in trend as does Jupiter trine
Neptune.
This cycle, Jupiter waning trine Neptune, is idealistic and ideological. It seems
related to the unfoldment of idealistic and religious belief systems.
Economically it can produce a period of boom and optimism, but also, “pie in the sky” plans and rampant inflation. This aspect needs some Earth signs, which it has not had much of with the exception of Pluto in Capricorn.
Barbault related this aspect to the socialist economies of
the Eastern bloc and more specifically to France.
Watch for news from or about France including countries with
an influence from France like North Africa. After its exact trine between
Jupiter and Neptune we will have an
increase in Earth signs starting with Saturn and the Sun entering Capricorn
in the third week of December.
On December 1 Saturn
will conjunct the Galactic Center. This can cause volatility in the
markets.
We are going to receive a dose of Earth signs starting
December 18 when Saturn enters Capricorn. This is the sign Saturn rules and
should increase Earth energies. Capricorn is an Earth sign. Later that week the
Sun will enter Capricorn and conjunct Saturn. We will go from very little Earth
energies to a lot. This may put a hold on the fanciful aspects of the Jupiter /
Neptune trine.
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 by Dec. 6th. Subscribers look for the Mystery Cycle.
For the Astrologers in the group
Dec 6th also has the Sun conjunct the heliocentric nodes of Uranus.
Also of note on the Winter Solstice,
Dec 21st, when the Sun enters Capricorn, Saturn will conjunct the
Sun and move into Capricorn as well. Saturn is in it’s rulership in Capricorn. This
could be a difficult period although it may reign in the Jupiter / Neptune
trine energies.
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 has just followed the Sun/ Earth price line
down and then bounced up on Nov, 16 and 17th.
The next weekly chart
shows the 33 week cycle (light blue circles). It has come in at highs and lows
and appears to be close to the 9 month cycle which should be putting in lows in December.
<33 week="">33>
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.5th, Dec. 21st.
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.
Gold
Gold put in an impressive rally
into Sept. 8th. July 10th was a Primary cycle low and we are now 20 weeks along. It is possible October 6th was a
Primary cycle low. Much will depend on where Gold goes from here. A Primary low on October 6th
puts us 8 weeks along in a new
Primary cycle. 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.
The 15 day sma is above the 45
day sma but curling up.
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 23.6% retracement.
Also note the low on Oct. 27th is close to
the Oct 6 low and if you look back
this area has been support and resistance. I wanted to see this area hold. It
has held.
Monday, Nov 20 was the 39 day cycle.
This is the vertical blue lines. We often see a short term pullback
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.
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 next 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 and in it's greatest strength.
Crude
We were looking at June 21st
or 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 8th week of the
Primary that started on October 6th
and possibly we are still working off the Primary low of June 21, 2017 and 24 weeks along. I’m looking at this as Oct 6 cycle,8 weeks along.
November 3 crude broke through
both the $55.00 Fib (red)area and the planetary average longitude for the
planets from Jupiter to Pluto, blue horizontal line. This area acted as strong
support on November 15th but
continued higher. Watch for the next planetary average at 59.74.
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
will be 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. Both are pointed up with price rising above both. This has been a strong
move.
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.
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.
Gordon Great work as always. Do you think Jupiter will be a dentriment to gold this month, in Scorpio?
ReplyDeleteWatch Mars entering Scorpio on Dec 9 for a change in trend for Gold.
ReplyDeleteWait until you see the change in trend. These markets are difficult.
ReplyDelete