Sunday, December 18, 2011

Dec 18, 2011 Update

Stocks
As per the last 2 updates this week may be a s/t low in stocks. It is difficult to pick one day because there are both market cycles and Astro signatures hitting almost everyday of the week. If I had to pick one day for a trough it would be Dec 22. It could be earlier so we'll ad +- 3 td's to the forecast.

Crude
Crude is in the 11th week of the primary cycle (15-23 weeks) and due for a s/t reversal. Jupiter Astro signatures often signal a reversal in Crude. In this case their are multiple Jupiter signatures starting with Dec 18, Venus waxing square to Saturn and ending Dec 25 with Jupiter turning direct. Picking one date for a trough, I would pick Dec 22 but watch Crude closely all week. Again +- 3 td's.

We are also coming up to a longer term Crude cycle, the 18 month which hits Jan 27, 2012. See the attached chart.












Gold
Gold and Silver have broken a number of trend lines and now we have Gold below the 200 dma (red on the attached chart). Gold has spent very little time under the 200 dma for a long time. Although recent technicals have been quite negative Gold may make an attempt to get above the 200 dma.












Silver
There is a s/t Astro for Silver indicating a possible trough on Dec 20. This is based on Sun in Sagittarius, Moon entering Scorpio, Mercury in Sagittarius and Venus in Capricorn.












We've shown this chart a number of times with the heliocentric price lines for Venus (green) and Jupiter (blue). I'm looking for a s/t bounce up to the blue Jupiter line around 31.50. It may be a good target. Note in the past how Silver has hit support or resistance at these price lines and sometimes followed them up.

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