Feb 29, 2012

SP500

The Sp500 is 21 weeks along in it’s primary cycle / nominal 18 week cycle, which has a range from 15-23 weeks. It's late.

There are two Astro’s due March 3, Sun opposition Mars, and Venus opposition Saturn due March 4 which typically mark the unfolding of the cycle. If so we should see the index go down for 1-2 weeks. This is at odds with another Astro on March 13, a grand trine, which has been mentioned a number of times. Although not sure I had looked at March 13 as a high. This may be quite incorrect as it may end up being the trough for this cycle. As previously mentioned there are a number of other significant Astros around the March 13 date.

March 13 and May 20, particularly May 20 may turn out to be very significant dates. As usual, unless otherwise stated all dates are +- 3 td’s.

The following is a daily chart of the SP500. If anyone uses William Blau's TSI indicator, note it is getting us out of the trade here.

Crude

Crude is in the 3^rd week of it’s primary cycle and therefore a pullback into the trading cycle trough is expected. This should be a short pull back but will depend on the direction of the US$.

Gold

Both Silver and now Gold appear to be in sync with the heliocentric Venus and Jupiter price lines. Gold may have hit resistance at the Venus price line, while Silver would have a ways to go (31.60 area) to hit the Jupiter price line. It may get held up where it is.

For Gold, it often has a s/t trough a few days before the Sun Mars opposition and then a crest within approx. a week afterwards, After the crest Gold then declines for a couple of weeks. This is based on averages. Probably more important at this point is the direction of the US$.

On both the following daily charts the Venus price line is green and the Jupiter price line is blue.

Like crude and many commodities, price of course will depend on the direction of the US$.