"It's a poor sort of memory that only works
backwards"
-- Lewis Carroll, The White Queen, Through the Looking-Glass
-- Lewis Carroll, The White Queen, Through the Looking-Glass
SP500
Looking at updated charts the index burst
through the trend line and the Uranus / Pluto price lines. On the surface this
looks like a very positive move. We are in the period of the grand trine
between Jupiter, Saturn and Neptune. That's 3 of the 5 outer planets and a very
rare configuration. I had thought looking at the recent history this would
represent lies, deceit and corruption and it still might but we must consider
the positive nature of any grand trine with Jupiter involved. Of course Jupiter
could also represent things that are over done. Once this grand trine period is
over we will be entering a period of much more dire transits with a T-square
between Jupiter, Uranus and Pluto.
A reminder once again, all dates are +- 3
trading days unless otherwise noted. July 17 has the grand trine with Jupiter
Saturn and Neptune, Uranus turning retrograde and Mars conjunct Hades. This could
very well mark a top then generally down into the T square dates in August.
This could stretch into July 19 where the Saturn Neptune trine is exact and one
day away from the Mercury direct. This period looks like it will be quite volatile regrdless of what else is going on.
So I'm looking for a top then down in the
indexes this coming week. Of course we have Bernanke talking again on July 17
to the House of Representatives and July 18 to the Senate Budget Committee. He
has a history of moving the markets when he speaks, even when that was not the
intention.
Later in the month I'm expecting things to
turn more violent with Mars translating the Uranus / Pluto square.
Gold
/ Silver
Gold and Silver seemed to react well to the
225 cd (calendar day) cycle which hit on July 1st. It's possible we saw a long
term bottom. This was recorded under the SP500 2 posts ago. To repeat "This cycle is based on 365 * .618 = 225 cd's
or the square root of 5 which is 2.236, move some decimals and we get 224 cds.
225 is also the number of earth days to make one heliocentric rotation of Venus
around the Sun".
This would only be the 13th week of the
primary cycle and if it is a low for the primary it would be early. Watch
these closely over the next few days. It is quite possible we make an intermediate
high in the next couple of weeks and then a low for the primary in late July /
early August.
Crude
Crude is in the 13th week of it's primary
cycle as first noted on the June 9th post and has been a good money maker since.
Crude has made a strong move, much of which is due to the troubles in the
middle east. Technically it looks strong here and would have a ways to go in
the primary cycle.
Astrology on the other hand may be pointing
something else out. Crude is ruled by Neptune and Jupiter. Both are involved in
the grand trine with Saturn on July 17 and then the Saturn / Neptune
trine is exact on July 19. This is followed up quickly on July 20 with Mars
emphasizing the grand trine on the same day Mercury turns direct. Mercury
turned retrograde very close to the start of this move in crude.
In short although most of the technicals
look bullish, the Astrological events point to a possible top for crude in this
coming week or early in the week of July 22 where we have the super Moon on the
Monday and Mars conjunct Jupiter. That said we will be coming into a period of possible violence, riots
etc. around July 27 through the 31st as Mars translates the Uranus / Pluto
square. If crude marks a top around the July 17-19 dates it could have a quick
pullback that could be cut short by an outbreak of violence that sends it sharply higher towards the end of the month.
Both Jupiter and Neptune also rule natural gas. Technically there would be no reason to buy at this point but watch closely as the aspects may point to a move in natural gas as well. That would be a move up.
Both Jupiter and Neptune also rule natural gas. Technically there would be no reason to buy at this point but watch closely as the aspects may point to a move in natural gas as well. That would be a move up.
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