Financial Markets, Astrology July 30, 2012

SP500

Following along from the July 24 post the SP did turn up on July 26 on the Venus quintile Uranus aspect.

I continue to watch aspects leading into the week of August 6 where there are 2 very long term transits noted in bold below. Long term transits can be in affect many weeks or months.

Aug 7 Pluto opposition Kronos (Kronos is a Uranian point)

Aug 8 Mercury truns direct

Aug 9 Venus conjunct Hades (Hades is a Uranian point)

Aug 9 Venus trine Neptune

Aug 9 Neptune trine Hades.

Long term transits like these need a faster moving planet to set them off. In the case of Neptune trine Hades, Venus is translating the aspect, thus we may see some results in the week of August 6. Besides the stock market the Neptune trine Hades may be signalling major water, oil or gas pollution or a gaseous chemical spill or attack. Nothing much good comes from Hades contacts other than there may be some new antiquities found in this case something to do with or under water. This could signal an event which is detrimental to the markets and we would be looking at a high which may last for some time.

As an interesting note, when I was researching the Neptune Hades trine I found the last trine was in April 1909. On further review I found the Anglo Persian Oil Company was formed in London on April 14, 1909. On that date Neptune was in exact square to Saturn. Neptune rules oil.

Aug 8, 9 is 89 td from April 2 top and 55 td from May 18 low. This is a time period for a change in trend. At this time I’m looking at July 24 as being the trough for the 1^st Major cycle (nominal 6 week) of the Primary cycle (nominal 18 week) which started on June 4^th. If this is the case the week of August 6 would only be 3 weeks along the 2^nd Major cycle. I will need to watch the price action and technicals to watch for a turn. If it is a world event there typically will be no warning in the markets.

Pluto in opposition to Kronos has no faster moving planet to set it off during the week of Aug 6. This may have a more positive effect anyway. The Moon does conjunct Pluto tomorrow, July 30, so watch for some possible action at that time. This would be a great signature for excellence in sporting events for the Olympics. The case mentioned above about a chemical spill or attack…not so much.

Gold

Gold broke to the upside of a triangle but not by much. Nevertheless it looks slightly more positive but need to start making higher highs and higher lows. The first hurdle is the July 3 high. PM’s will look bearish if Gold fails to take out the July 3 high and more bearish if it breaks the bottom of the triangle it just exited.

From the July 24 post we may have more upswing here, after the fib 233 td from the Aug 23, 2011 high.

Crude

We are 5 weeks along from the Primary cycle trough in crude and may have had the Major cycle crest on July 19. We either just had the Major cycle trough but my bet is it is ahead of us thus we should see a pull back in crude. Once the trough is in Crude could turn more bullish. The August 9 date with Neptune prominent could be the trough in crude.

The following daily chart for crude shows the 17 month cycle (red) and 1/2 or 8.5 months in blue. We just had a 8.5 month cycle low on June 28 with the 17 month next due in early March 2013.