Oct 10, 2011

SP500

I suspect we will move lower or sideways for the first couple of days this coming week.

The Sun Saturn conjunction is almost exact during the Full Moon. During the Full Moon the Moon is in a grand trine with Mars and the North Node in the very action oriented, excitable fire signs. If you can’t sleep watch the foreign markets and events the night of Oct 11. Saturn, although usually seen as depressive, can also be seen as the constriction that cause people to act. If we do fall for the first couple of days in the week, watch for a rebound starting on Oct 12^th or 13^th.

As we move into October there is a forming waxing trine between Jupiter and Pluto which is exact on Oct 28. Jupiter is entering a positive area so this may equate to rising prices in the indexes. This trine is joined by Mars making it a grand trine in earth signs in November. Things may appear more grounded and stable during this period which would be beneficial for the markets. The keyword being “appear” as there is much trouble on the horizon and for the next few years.

As for market cycles we have been looking for a 15.5 month cycle (Merriman/Bressart) low which is the middle 15.5 month cycle of the 4 year cycle. Oct 4 may have been it but is worth watching closely for confirmation as the markets should advance sharply after a 15.5 month cycle trough.

In addition to the 15.5 month there are other cycles hitting on Oct 17 (red line) and Nov 2 (brown line)

Gold

Gold is at the 23.6% retracement of the whole move up from Nov 2008 to the early Sept highs and appears to have good support at this level. Any meaningful break through this support could result in a sharp down move. Note the trend has followed the red band on the bottom side of the fork.

As we are approaching the entry of heliocentric Mercury into Sagittarius watch for bullish moves in the PM’s. This transit begins Oct 15^th. As stated in a previous post, 80% of the time this is bullish but the other 20% can be quite bearish with sharp swings down.

Next week may be accompanied by volatile currency swings starting Oct 9 with geocentric Venus in Scorpio.

Silver

See Gold for comments affecting Silver as well. In addition my favourite Silver chart follows. The green lines are the heliocentric Venus price lines and the blue lines are the Heliocentric Jupiter price lines. Watch these closely to see if Silver follows the Venus price line up or if Silver falls back to the Jupiter price line. I'm looking for silver to fall back to the Jupiter price line and possibly lower.

Crude

We have been looking for a 17 month trough in crude oil. Oct 4 may have been it. There are a number of signatures to watch for Oil in the coming weeks. Oct 20, Oct 28 and Nov 9. Give each +- 3 td’s

Oct 3, 2011 Update

Of course if the SP500 1110 Neptune price line is broken substantially the next Neptune price line is at 1050.

Oct 3, 2011 Update

SP500
I believe we are due at least a short term reversal which could take place tomorrow. Possible spike low then a reversal up or the reversal is Tuesday. If not a reversal one should take place in the first 2 weeks in October.

If there is a spike low the SP may find support around 1110 which is the grey (Neptune) line on the following daily chart.

Towards the end of the month there is a very long term transit taking place on Oct 24th.. That is Uranus in waning square to Hades. Hades is not a planet per se but a Uranian point. Don't expect anything drastic that day as it is very long term event. Hades rules waste, the unattractive side of life, filth and decay. Sounds pretty good so far. Hades also rules ancient secrets and lost wisdom on the more positive side. Uranus of course is sudden changes. the unexpected, originality and freedom. They are both in cardinal signs, potentially giving them more power. watch the blog for further details as this square develops.

Gold

Gold is at the 23.6% retracement of the whole move up from Nov 2008 to the early Sept highs. Note the trend has followed the red band on the bottom side of the fork. The trend is uncertain at this time but Gold has the potential for further losses. On Oct 15 Heliocentric Mercury enters Sagittarius which has a history of being positive for precious metals. Positive approx. 80% of the time. The other 20% has been a history of sharp declines.

 

Silver

Silver may follow the Jupiter line (blue) or follow the Venus line (green) up. Silver often hits a trough when Venus is in Libra. It exits Libra on Oct 9. As mentioned under Gold, the precious metals are often bullish when heliocentric Mercury enters Sagittarius. This occurs next on October 15.

 Crude

Crude looks like it is headed down for further lows and may be falling into a 17 month cycle troughdue in late Oct or Nov.