The SP500 and all US indexes keep chugging higher. This week has a number of potential turn signals. Tomorrow March 20 is the spring equinox. Sun enters Aries and approaches Uranus and will be conjunct on the weekend.
March 22 is a new Moon which can be a turn signal by itself. This one is within 2 degrees of volatile Uranus. The following daily chart shows March 22 as the next 39 trading day (td) cycle (+- 2 tds). Note, previous instances have marked bottoms, sometimes s/t tops and sometimes nothing.
Gold
As stated above, tomorrow, March 20 is the spring equinox and is 55 td from the low in Gold and Silver on Dec 29, 2011. Price action appears to be turning up although more confirmation is required.
Crude
Although more downside action was expected crude appears to be turning up. More confirmation is required.
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