SP500
So, we have arrived at the week of the
large grand trine in earth. I’ve been pondering over this timeframe for quite
some time. In Astrology trines are generally construed as positive. This one takes
pace in earth signs between (Jupiter + Venus), Mars and Pluto. Jupiter and
Venus are conjunct, another positive and Venus is in it’s rulership, another
positive. Venus and Jupiter are the two money planets in a horoscope.
Nevertheless I think we are going down, stocks that is. We may get one last pop
on March 12. If the FED announces or hints at a QE 3 program then all bets are
off. Just buy and sit on your hands.
I’ll be watching the following chart
closely. This chart shows the fib retracements from point A to point B and then
moves them up to start at C. So far this marked the top. If the SP breaks the
1376 area on strong volume we may have to re-visit this call. This may be a
double top. 78.6% or 1330 retracements can be strong support. .786 is the
square root of .618. If the SP500 breaks the 1330 area the other fib
retracements shown may be good support areas.
Why do I think the stock markets will be
going down? I’m not looking for a crash just a corrective pullback of 3%-5%. Jupiter
aspects can mark periods of time when things are overdone. On
Monday evening March 12 Mercury turns retrograde. Also Monday evening the Uranian
point, Hades turns direct while it is very close to the powerful Capricorn /
Cancer axis and it is almost on the antiscia point for the May 20, 2012. The period
around May 20, 2012 maybe a timeframe to remember. In addition both
heliocentric Mercury and Venus will be changing signs and both will be aspecting
Neptune in the early part of Pisces.
The middle / third cycle of heliocentric
Mercury often marks a short term pull back in the markets. This is not
necessarily to the day.
We also have the North Node squaring Mars and
quincunx Jupiter. March 13 is 110 td's (fib 55td's * 2) from the Oct4, 2011 lows.
In short we are looking for a possible high
on Monday March 12 and then a move lower. We do not want to see the SP go much higher then the 1376 - 1380 area. This is a tough call based on Astros
alone.
Following is a list of Astro based critical days for 2012. As we progress I may be adding or deleting dates.As always allow +- 3 days.
Following is a list of Astro based critical days for 2012. As we progress I may be adding or deleting dates.As always allow +- 3 days.
Feb 27
March 5, 6
March 8 .
March 13
April 12
May 20
June 6
June 6
June 25
August 15
November 23
August 15
November 23
Crude.
I thought we would have a bigger move down
in crude based on the 16 and 24 week cycles. We may still see it this coming
week.
Gold and Silver
I'm looking for Gold and Silver to move lower into either the spring equinox or month end. Like stocks they could have a surge on Monday.
Hi Gord
ReplyDeleteMarch 13 was one of your critical dates for sometime. Looking at it now, do you think it's a day when SP500 topped or a day it started another leg up?
Regards
Khoo CK
I was thinking this was the surge I expected Monday and we would go down; however, it seems most of the world thinks this is very bullish and we are going up. Best to watch and be careful. If the FED is behind this we could be going on a big ride up.
ReplyDelete