Sept 12, 2011 Update

SP500
Although we may get a bounce early this week my opinion that stocks will be heading down for September has not changed. Stocks often have a move around the Full Moon and the New Moon and Monday Sept 12 is a Full Moon. As the Full Moon is squaring the Moon's nodes any bounce will probably be short lived.

This week has Pluto turning direct on Sept 16, see the daily chart below (blue arrow point right marks the Pluto direct dates). One thing that Pluto rules is debt so expect debt, either in Europe or the US to be front and center.











As mentioned in a previous post Venus, the ruler of resources and things of value is translating the Uranus / Pluto square by first opposing Uranus and then squaring Pluto. These are occurring over the weekend on Sept 17 and 18. Venus also is squaring the Uranian point Hades on Sept 16. If we do not get a move down by Sept 16 then I would expect Monday Sept 19 to be quite unpleasant in the financial markets and probably all week.

All the above point to a period of time that should be, at the very least volatile for the markets. It is difficult to see the above aspects as positive

The week of Sept 19 includes the next FED meeting. If the FED announces QE3 or something equivalent the markets can be expected to bounce, and possibly strongly, but I would look at this as an oppourtunity to sell or short the market.

Between Sept 24 to Sept 29 we have the Sun and Mercury translating the Uranus / Pluto square, a Super Moon (per Richard Nolle) on the 27th and Venus conjunct Saturn on the 29th. Again, it would be difficult to construe any of the aforementioned transits as positive.

Market cycle wise we should be seeing a trough in the stock market in late Sept / early October. Perhaps the negative transits around Sept 27/28 are the worst of it and the markets take a few days to stabilize and then start to rise in early October.

Looking out a little further a grand trine will be forming between Mars, Jupiter and Pluto in November all at a time when Jupiter is in a positive position in the skies. In addition the Uranus / Pluto square will be separating. This could point to rising markets in October and November.

As mentioned in a previous post, the Uranus / Pluto square will be separating later in 2011 but will come back and make 7 exact squares from 2012 through 2015.

Gold
Gold and silver have neutral trends at this time. Pluto moving direct has had a correlation to moves in Gold usually within 6 trading days after the direct date which again is Sept 16th. These are averages so a move in Gold before the Pluto direct is also possible. As stated before a rising US$ will bring down Gold, Silver prices and many commodities in the short term. For those who follow the Primary cycle (15-21 weeks) we are currently in the 17th week.











Silver
Same comments as Gold although our chart showing heliocentric Venus and Jupiter is losing it’s correlation to Silver. This happens so we’ll watch and see if Silver can break out of it’s sideways move and follow either Venus or Jupiter onward.










Crude
Crude appears to be weakening and may be the first to show signs of a strengthening US$. Of course a recession in the US or broader world-wide recession would bring crude prices down. Cycle wise a low in crude is possible in the November time frame.