Financial Astrology - May 17, 2014

SP500

The SP500 is entering it's 15th week of it's Primary cycle. I am expecting a Primary cycle low in late May / early June. Some possible dates are

May 26           the 1/2 cycle of the 225 cd cycle or 112 cd

May 30        Geocentric Jupiter is on the heliocentric North Node of Pluto (could be                        volatile)

June 1             Jupiter is on the it's shadow date or back to the point in the Zodiac where                           is was when it last went retrograde on Nov 8, 2013

June 4             Jupiter conjunct the Antiscia of the April 29 Solar eclipse

We got the move higher I was looking for, now, should be down and I'm looking at the first week in June for the Primary cycle low.

As can be seen on the following daily chart of the SP500 the 15 sma is above the 45 sma and price is above the 45 sma but below the 15 dma. For the Primary cycle low we ideally want to see the 15 sma lower than the 45 sma and price lower than both. Watch these unfold into the low.

As you can see from the list above Jupiter is quite active. As Jupiter is known as the greater benefic one might expect highs rather than lows. Jupiter also encompasses the principles of optimism, sense of well being and material goods gained of all types. Jupiter can also equate to periods where things have been over done. Certainly the FED's dovish policies and quantitative easing can be construed as overdone.

As mentioned in a number of previous posts I'm still looking at the Pluto price line as major resistance for the SP500. We have just moved below it one more time.

Also what is coming shortly is Mercury stationary retrograde on June 7 and Neptune stationary retrograde on June 9. This seems to indicate a period of lies, deceit and false hoods. Since we already have all these, perhaps a period of enhanced lies, deceit and false hoods better sates the case.

On the daily Nasdaq 100 index there is a wedge continuation pattern from which you can take a measured move from the top in the wedge. This is showing a possible target close to 3300. Also note on this chart the 15 sma is below the 45 sma and price is just above the 45 sma.

Gold

The status of Gold is still not clear. We are either in the 20th week or the 4th week, as of April 24, of the Primary cycle.  Normally prices would be rising if this is the 4th week of the Primary. It should be getting ready for the first Major cycle crest and be bullish. This is not the case so we must be careful trading Gold here.

I am suspicious that we are in the older 20th week Primary in which case we may see a sharp move down to a trough. Mars will be turning stationary direct on May 19th which can be very volatile for Gold.

Heliocentric Mercury in Sagittarius usually is a period of volatility in Gold and other PM's as well. This time heliocentric Mercury enters Sagittarius on June 9 through June 20th.

I'm looking for a low in Gold the last 2 weeks in May to the first week in June and then a crest somewhere between June 13 - June 23rd. We'll try and forecast this a little closer as we approach those dates.

I'm looking for a more substantial low in Gold in July. I've mentioned the 13-13.5 month cycle many times. It should bottom in July. Aspect wise July 4th has the Sun opposing Pluto , Jupiter enters Leo on July 16 and Mars enters Scorpio while in quintile to Pluto on July 25. Somewhere in there is a turn.

Crude

Seasonally this is a weak period for crude. Even weaker for NatGas. Nevertheless Crude should still be in an older Primary cycle and be 18 weeks along. It is possible May 1st was a low but I always look at the 15 and 45 sma near a low in any market. I want to see the 15 sma lower then the 45 sma. On May 1st this was not the case. We are just now entering a period where the 15 sma is lower than the 45 sma. I'm waiting for a low.

Of course I also look for Astrological signature which would relate to a turn in Crude. In this case that would be  May 19. May 24 is also possible.

US$

This is my biggest concern and has been for some time. The concern is the US$ remaining the reserve currency of the world. The US is run by a military / industrial complex that will resist any change in status that is detrimental to the US buck. Resistance in this case will probably mean war and generally involve blowing things up.

The current US foreign policy seems to be intent on driving Russia, China and Iran into an alliance. This may include India.

As mentioned a number of times in previous posts we are entering the 18 month low period for the US$, the green vertical line on the following chart. On reviewing the previous 18 month lows it is apparent they are often long periods of low US$ prices rather than a quick move down.

To complicate things there is a 38 month low due in mid-June (brown vertical line). I believe this is a dangerous period for the US$. Previous 38 month lows were April 2011, Feb 2008 and Dec 2004.

I thought a breakdown in the US$ would be a 2015 event. It may be earlier. I'll watch this area closely.