Saturday, August 3, 2019

Financial Astrology - August 5, 2019



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Summary

We are entering the summer period where interest and action in the markets and financials in general usually dissipates somewhat. We will continue with the weekly blog posts but the posts will be shorter than usual with a couple of weekends off. I will get back to normal posts in late August.

The Fed ended questions by implementing a rate cut of .25 interest with the possibility there are two more to come…maybe.

Sun square Uranus aspect on July 29th was signaling a possible pullback in the SP500 and Gold.

On Aug 7, coming up we have the Sun in waning trine to Jupiter. This often signifies a ½ Primary crest and down.  It was in orb last week so the move down last week may be it.

Another pertinent aspect is Mercury turning direct on July 31, the day of the FOMC decision. Mercury turning direct often signifies a change in trend for the financial markets. The veil of confusion that follows Mercury retrograde gets a clearer path forward.

Coming up on Aug 11 we have Uranus Retrograde and Jupiter Direct.
This may change whatever trend is currently affecting the markets. Allow +- 5 td’s (trading days).

Jupiter Retrograde could be signaling a major turn +- 5 tds. If we are down closer to the date then look for a reversal up. If the market is up then look for a move down.

Also on Aug 11 Uranus turns retrograde. This signature equates to reversals but sometimes quite small.

On August 18 Mars enters Virgo. This often equates to powerful market moves.

Looking at the above I would say the markets may move lower possibly to the end of the month or early September. Aug 12 and Aug 19 may both be powerful moves in the markets.

With so many powerful aspects it is difficult to pick one date. The forces of the aspects overlap. It should however, be very volatile where one can make money fast. This does not mean I’ll answer the many questions I receive. There’s not enough time in the day. Also I’ve got a computer problem that may prevent me from responding.

We may get another war but I'm looking at September 9, 2020 and beyond for a major war effort. That day Mars turns retrograde while squaring the conjunction of Saturn / Pluto.

SP500
We are entering the 9th week of a new Primary cycle which started on June 3, 2019. In the current situation I am looking for a crest of the 9 week cycle which may have already had on July 26. This would be the ½ Primary cycle crest and down.



Looking at the above summary, I would say the markets may move lower possibly to the end of the month or early September. Aug 12 and Aug 19 may both be powerful moves in the markets. It should be volatile.

The potent Sun/ Mars conjunction will be in orb from now until the end of September. This conjunction has a record of stock market reversals.

Above is an up to date chart of the SP500. I’m looking for a possible trough. I’m looking at the Fibonacci retracement at 50% (2,879) and 61.8% (2,844) to be the area of the low. I am looking at a low in late August or early September. This may change as aspects unfold in August.

Jupiter square Neptune which we have mentioned numerous times may be the real problem as these planets in aspect can be quite inflationary. This may be pointing to serious financial problems late 2019 or early on 2020.

The Jupiter / Neptune square is still in scope and the effects are still being felt. The Saturn / Pluto conjunction is also still in orb. Both will come back to exact conjunction.

Gold

Gold is entering the 10th week of the 18 week Primary cycle. This could be the ½ Primary cycle crest.



Aug 2 finished with a strong Doji, a reversal signature. Also the ½ Primary cycle is due.

We may be headed down.


Crude's 

We had the Primary Cycle trough for crude oil on June 5th and are entering the 8th week of a new Primary cycle. Notice the green symmetrical triangle providing support and resistance.



I’m looking for crude to find support at the May and June resistance areas. This assumes crude price moves below the boundary of the symmetrical triangle (green).

This needs more confirmation. Crude may be quite volatile over the summer months and into the late summer (i.e. Sept 21, 2019). Obviously, the price of crude will go up if relations with Iran worsen. I’m expecting a rise in crude oil price by the fall timeframe.

Closer in time crude price may rise short term at Aug 7 (Sun waning trine Jupiter) and Aug 11 where Jupiter turns Direct all +- 5 tds.


20 comments:

  1. Hỉ sir,
    Gold is moving so crazy. Which date can be for the top? Are u still holding some short?

    ReplyDelete
  2. The more significant turn dates are Aug 7, Aug 12 and Aug 19, all +- 3 tds.

    ReplyDelete
    Replies
    1. hi sir,

      thank you. should we add more short orders at that price?

      Delete
  3. I'm trying to get the time frame correct

    You should determine the amount. Only you know if it is small or large depending on your personal finances.

    ReplyDelete
  4. It looks like a new currency war, isn’t it?

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  5. THANKS FOR GOLD FORECAST

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  6. Hi sir. Tomorrow is Aug 7 will be significant turn date

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  7. +- tds There are very few calls for an exact day.

    ReplyDelete
  8. Look at the Gold. I just added some short gold orders. It should be sharply turning down at these turn dates

    ReplyDelete
  9. Hi sir,

    Gold is still keeping moving up. What are u looking for now?

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  10. I was looking for a crest in Gold which has not appeared. I'll give it +- 3 tds but that runs into the Aug 11 aspects.

    ReplyDelete
  11. Yeah. I still holding some short orders. Losses are getting more. So scared of it

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  12. Hi Sir TradingDaze, SP500 still keep moving up? Should be moving down as you are looking for? Thanks.

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  13. I will reassess the SP500 and Gold forecasts this weekend. Theer are 2 potent aspects on Aug 11. As always +- 3 tds.

    ReplyDelete
    Replies
    1. Looks like the sp500 is having a good bounce at 2930 currently. 61.8 at 2929 and 2972 at 78.6 according to my count. if it exceeds 2972 then buyers might step in continue the rally towards new high. my question is this is quick v correction or constant testing for low and new lows. I would love to read your dates in near future if it accounts to those options. This week Jupiter aspect on venus sun and mercury is quite bullish and continue till Aug 16 I believe. Today was jupter conjuct moon that made it even more bullish. love to hear your opinion

      Delete
    2. I was looking for Sun trine Jupiter on Aug 7 and Venus trine Jupiter on Aug 8 would have a short term positive effect.
      The Uranus Retro and Jupiter Direct on Aug 11 should be a stronger aspect and negative.

      Delete
    3. so high probability for reversal starting Monday with future down on Sunday. If I get it correctly Sir? Next week does not look short term bullish in your opinion? before your weekend report I just want to get your opinion. Thank you

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    4. I'm looking for the SP500 to go down next week.

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  14. S&P500 is moving up why gold is not moving down? Sir

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  15. If my observations are correct, we are looking for another all time high for DOW/SPX in the next two weeks. The current markets have been following what happened to another market a couple of decades ago since August 2018. If we get another ATH, I will publish my observation so all could benefit in two weeks time. CHEERS

    ReplyDelete