SP500
In follow up to the last post and the Lunar eclipse on Oct
18 it appears this will not trigger a sharp down move in the general markets.
The resolution in the US
both for opening the government and increasing the borrowing limit albeit for a
short time have calmed the situation.
There are a couple of smaller transits this week but the 4th
exact waxing square of Uranus and Pluto on Nov 1st in conjunction with the
Solar eclipse on Nov 3 should be dominating the Astrological background.
The shorter term transits may result in a small pullback or
big range days in many markets. They are:
Oct 21 Mercury
retrograde
Oct 23 Sun
enters Scorpio
Oct 25 Sun
waning trine Neptune
The week of Nov 4 will also be the 19th week of the Primary
cycle (nominal 18 week) in the SP500. It has had a range of 15-23 weeks so we
are in the time frame for a Primary cycle low, however the combination of the
Uranus / Pluto square and the Solar eclipse may signal a more severe sell off in
a number of markets.
The following daily chart of the DJIA shows the recent
history of the geocentric Uranus / Pluto square (blue square) and Solar
eclipses (red circle). It also shows the heliocentric Jupiter / Uranus square
(red square) on Nov 12 and the heliocentric Jupiter / Pluto opposition (red
double arrow) on Nov 13. Not shown is the one and only heliocentric Uranus /
Pluto square on Nov 23. As mentioned before Jupiter in hard aspect to Uranus or
Pluto are bankruptcy aspects.
The above concentrates on Uranus / Pluto due to it's importance.
There are other important transits in November. Geocentrically Jupiter turns
retrograde Nov 7, Neptune turns direct Nov 13
and Chiron turns direct on Nov 19 while Mercury turns direct Nov 10. That's a
lot of planets changing direction which usually means changes on the earthly
plain.
Should be a wild ride and more than just the stock market...(social unrest, possible geophysical upsets).
Should be a wild ride and more than just the stock market...(social unrest, possible geophysical upsets).
Gold
Gold is in the 17th week of it's Primary cycle and thus
would be due for a trough early Nov. We've been looking for a bottom in Gold
around the Nov 1, 4 time frame. See previous posts. If it goes down hard it
should be a time to buy. See the previous few Gold posts.
Shorter term there is a 27 td cycle due for a small low on
Oct 23. The 27 td cycle is shown by the red vertical lines on the following
daily chart.
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