I believe we have one more week of extreme volatility. October would appear less volatile from an Astro perspective. We may be seeing lows this week or next. In fact the Sept 27, 28 I’ve been looking at could mark the bottom from which a significant rally starts but it would work better from an Astro perspective if the low was the week of Oct 3 after the geocentric Mars waxing square to Jupiter. The Aug 8/9 lows are key targets. Hopefully they are held or not breached significantly.
There are many volatile signatures again this week but the Sept 27 new Moon, which is a perigee Moon (closest pass to Earth or Super Moon per Richard Nolle ) offers the possibility of market extremes and important world events.
We also have the Sun and Mercury translating the Uranus Pluto square. The Uranus Pluto square has been the source of much of the market turmoil. It will be backing off but returning again in 2012 with 7 exact hits between 2012 and 2015. As stated in a previous post this should mark a period of civil unrest and significant changes to any and all power structures in the world.
Geocentric Mars waxing square to Jupiter is often close by to a primary cycle turns. The next occurrence is Oct 3, 2011. This should mark an end to the extreme volatility as well and possibly a bottom for this move within 6 days of this date.
Merriman had these comments over the weekend.
"We will also closely watch September 29 when Venus forms its conjunction to Saturn in Libra. One of our rules is that any market making a low going into this aspect is a candidate for a reversal back up. Given that Venus in Libra (September 14-October 9) is usually bullish for stocks, maybe that proves to be true after it conjuncts Saturn, the “repressor.”
There are a number of signatures this week that could point to geophysical stress.
Following are chart shows the New Moon (green dot) and when the Moon is in perigee ( black dot) on a daily chart of the SP500. They have often made highs then down. I don't believe that will be happening this week, but with Uranus active most anything is possible.
Gold
Gold went down right on the Pluto direct date. It should continue to be volatile this week. Watch out for a dead cat bounce which may stop the down move momentarily and then resume. Much depends on what is coming out of Europe.
Silver.
Watch the period around Sept 27, 28, 29 for a low in Silver. On the attached chart that is where the next crossing of the heliocentric Venus Jupiter lines occur. This may also be support so look for a low in Silver around 30.25. Heliocentric Venus and Jupiter are in opposition on Sept 28 and geocentric Venus and Saturn are conjunct on Sept 29. Both have a history of Silver turns.
Also attached is a weekly chart showing heliocentric Venus and Jupiter price lines and retrace lines from the October 2008 lows to the recent highs. Note the 50% retracement near 29.00 and 24.20 at the 61.8% retracement. If 30.00 is breached these are potential targets for lows.
Crude
Crude oil, with other commodities has taken a sharp set back in this volatile period. Crude has followed a nominal 17 month cycle (see red line on attached chart. Being a longer term cycle it needs a wider range and is expected to form a trough in Oct / Nov 2011. Any cycles related to crude could be influenced by events in the mid-East.
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