Financial Astrology - Feb 25, 2013

SP500

The following daily chart of the SP500 finally shows a turn which should be the crest of the current Primary cycle (nominal 18 week) with a range 15-23 weeks. We are currently at the 15^th week. Note the Fibonacci extension at 1533.13 and 127.2. 127.2 is the square root of 1.618.

If not the crest of the Primary cycle it should at least be the crest of the Major cycle (nominal 6 week).  This is getting late in the Primary cycle but continued FED manipulation is distorting the market. We are now in the Mercury retrograde period until March 17^th so normal cycle lengths and support / resistance areas can become distorted. I’m watching the banks and the Nasdaq to get a sense of short term direction. Of course we have sequestration which could have a short term effect on the markets.

If this Primary cycle were to last it’s average length of 18 weeks we would get to the weeks of March 18 and 25^th. This timeframe has some powerful Astros that could indicate a Primary cycle trough as follows;

March 17         Mercury direct

March 19         North Node opposes the position of the May 9, 2013 Solar eclipse

March 22, 26   Mars translates the Uranus / Pluto square by Mars conjuncting Uranus on the 22^th and squaring Pluto on March 26^th

March 28,31    The Sun translates the Uranus / Pluto square by the Sun conjuncting Uranus and Venus on the 28^th and squaring Pluto on March 31. Venus translates the same square on the same dates.

The last two weeks of March 2013 look like troubled times for many markets, with the translation of the Uranus / Pluto square, discussed in a number of previous posts.

Mars is also quite active in this time period and into April.

Gold

Looking at the attached daily chart Gold has to get back into the channel and quickly. Gold is 16 weeks along in it’s Primary cycle. The Sun is currently in Pisces and tomorrow the Moon will be in Virgo and a Full Moon in the late afternoon. This has a history of short sharp moves in precious metals. The move however could be up or down. Due to it’s recent down move out of the downward channel this looks likes it is setting up for a rebound, possibly 2.5% to 4%. I’ll be watching this one closely as it may be a very quick trade. 

Normally in a down trending market we would sell the rallies. Tomorrow or Tuesday would be the exception.

Crude

Crude is 16 weeks along in it’s Primary cycle and turned down just a little later than the Jan 1, 2013 post indicated. See the following weekly chart for crude.

I'm looking for a more meaningful decline as long as a very active Mars doesn't stir up more aggression.