SP500
This blog changed on Jan 1, 2014 We will no longer provide
turn dates for the SP500 as these are being sold for the first half of 2014 see
->
Gold
From the last post "The
Sun and Pluto are often active by transit during Gold turns are repeated
here."
Dec 30 Mars square Pluto
Dec 31 Mercury conjunct Pluto sextile Mars
Jan1 Sun conjunct Pluto
etc.
The low appears to have been put in on Dec 31. This retested
but did not break the June 28,2013 low in Gold. We need more price action to
confirm this low. If this is a primary cycle low then the previous cycle was
very left translated and short at 12 weeks (nominal 18 week). I had mentioned I
was holding buy stops or resting buy orders last week. Some, but not all, of
these orders have been filled. On the SP500 I'm still short but no longer nervous. I lied. I'm always nervous. Also still long crude.
This would mean Gold and the main market indexes turned at
the same time or appear to be doing so.
As discussed in the last few posts. The second half of
December 2013 had many powerful Astrological aspects. There were certainly some
social unrest and violence but I had feared worse.
There should be strong resistance in Gold around the
$1240-$1250 range. This is also where the 45 dma is currently located. I'm
watching for the 15 dma to cross the 45 dma.
From an Astro perspective Mars waxing square to Jupiter on
Jan 8th should be positive for Gold here and for the next few weeks.
A point worth noting. Most astrological aspects do not consistently
identify highs or lows. The aspects which are useful are the one's that
consistently identify a change in trend, either up or down. It is the job of
the Financial Astrologer to determine if a given aspect is going to result in a
move up or down. In this case the Mars waxing square to Jupiter has a history
of swing moves and in this case being so close to the suspected low I'm looking
for a strong move up. There may be bumps in the road but generally up for
approx. 2 weeks. The one fly in the ointment is Jupiter is retrograde and
passing back over the invariable plane from approx. Jan 8 to Jan 24th. This
could result in some unexpected behavior. Jupiter is not always good times and
good things. Sometimes it represents that which is overdone.
Another important day for Gold maybe around Jan 31 when
Venus turns stationary direct while it is on the invariable plane. Also that
day Jupiter opposes Pluto (remember comments about Pluto and Gold.
Crude
In follow up to the last post crude took a dip right on the
crossing of the Sun price line (green) and the Pluto price line (dark blue) as
suspected. Watch for a rebound early in the week. It may get down to the next green (Sun price line) but I doubt it.
In a previous post I had mentioned the 16/24 week cycle and
was looking for a high in early to mid January. I wasn't expecting this strong
a move down.
I'm now looking for a strong bounce in crude early in the
coming week. The two aspects to Jupiter mentioned above may help. Jupiter is a
co-ruler of crude with Neptune .
The high I was expecting (16/24 week), in the first half of January, I'm
now looking for in mid to late January.
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