A short week in the US markets and
it will be difficult to forecast direction. Mercury and Venus are still out of
bounds meaning expect volatility in most markets. Mercury will move back in
bounds on June 14 and Venus June 20. Reversals or erratic action are common
around those dates. Further comment as we approach those dates and see the
price action that got us there. As one reader stated “the new rule: Tuesdays
are always UP”.
As for current aspects, Sunday May 26 has
the Sun in waxing square to Neptune. This has
a strong correlation to price swings in US markets. Also over May 27, 28
Mercury then Venus will be conjunct Jupiter. On it’s surface these aspects
would be construed as positive and would point to up-days. and positive news. However, there is a
minor aspect called a quintile. In this case Mercury, then Jupiter, then Venus
will be quintile Uranus. A quintile is a 72 degree aspect. This is also known
as the 5th harmonic or (360 degrees / 5) = 72. For Fibonacci fans
(there’s a joke there) 72 * 2 = 144.
Quintiles are seldom used aspects. Some
definitions:
“aspect of creative freedom”
“doing thngs that separate from the crowd”
“unique approaches to art”
“The quintile gives one the ability to
create unique and rare forms and to manipulate matter in ways that benefit the
greater society and which uplift humanity as a result.”
All the above seem relatively positive. We
may see something quite unusual occur May 27 or May 28 or unusual news. A problem maybe they
are all aspecting Uranus. It is still in close square to Pluto and the energies
of violent storms, earthquakes and an environment of scandals is still strong. In addition Jupiter is still in Gemini where Jupiter is in it's detriment, that is acts with the least strength.
This square is leading to changes in the
structure of large organizations and the government. The full effects are ahead
of us as this is the 3rd in a series of 7 exact squares. I’m
assuming the real sh&t will hit the fan when the actions of the world’s
central banks end in failure. Big trouble periods are August 2013 and April 2014.
In the mean time the flagrant manipulation of markets continues. Valid price
discovery is a thing of the past. This isn’t just the U.S. FED. Check Europe
and Japan.
Central Banks fear deflation more than they fear the wrath of the people.
As we wait for these epic events we must
try and decipher the current market activity.
SP500
I’m looking at April 18 as being the trough
of the last Primary cycle (nominal 18 week). This puts us in the 6th
week of a new Primary cycle and therefore we are due for a pullback which
appears to have started. Assuming we get through the 1632 area I’m looking for
a move down close to 1610. This low maybe in the week of June 3rd.
Following is a daily chart of the SP500.
Gold
The first thing central banks dislike is
deflation, the second is Gold. Nevertheless the planets don’t care. Some
aspects noted above have an effect on precious metals. The Sun waxing square to
Neptune has a correlation to both troughs and
crests. The following chart does not appear to be forming a crest so I’ll be
looking for a low, which we may have already had, then up.
Venus and Jupiter aspects have a history of
moves in Silver. So here we have Venus conjunct Jupiter but in close quintile
to Uranus. Venus and Jupiter conjunctions typically viewed as positive but with
Uranus possibly a surprise or unusual event.
The following daily chart of Gold appears
to be forming a “W”bottom but it needs to get moving up on good volume. Watch
Gold and Silver very closely.
Crude
Also in it’s 6th week of the
Primary cycle it appears to be started down into a trough. This may end up
being closer to June 3rd when Saturn transits over the point of the
April 25 Lunar eclipse or June 7 when Neptune
turns retrograde.
US
readers enjoy a day off on Monday. Others like myself, carry on. I’m in Canada and the markets are open tomorrow but
without that US
money it will be very slow.
Those with a little time on their hands may want to peruse the following.
http://www.zerohedge.com/news/2013-05-26/grant-williams-do-math
Those with a little time on their hands may want to peruse the following.
http://www.zerohedge.com/news/2013-05-26/grant-williams-do-math
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