Summary
Another week of volatility ahead.
The Solar eclipse on Oct 23rd is the most obvious but there are other critical
dates for trading. Subscribers have these dates. Volatility should continue as
should the Ebola pandemic. The Solar eclipse path is pointing to increased
tensions between Russia and
the USA
Volatility in the markets should
continue with a number of astrological events which should affect the markets. Beyond the eclipse there is a forming grand trine with Venus
(including the eclipse point), Neptune and Hades a Uranian point. These are
pointing to further disease problems although I had thought a water borne
disease but is probably Ebola. The Uranus / Pluto waxing square is coming back
in focus with Pluto moving forward while Uranus continues retrograde. The meaning of this important square has been covered in previous posts.
SP500
We are entering the
11th week of the nominal 18 week cycle 1
(nominal 18 week) which started on Aug 7th.
We may be seeing the start of a 1/2 Primary 1
At this point in the cycle, which started on Aug 7th,
looks very left translated meaning this would be a very bearish 18 week cycle.
Although it's too early to call for the end of the bull market, this type of
cycle pattern is usually seen in bear markets. The high on Sept 19th will
probably be the high for this 18 week nominal cycle and may be a high of
significance which will be a high for some period of time.
Following is the SP500 and shows the area for the potential
low for this 18 week cycle.
Red squares are Mercury turning retrograde and the blue
squares are Mercury returning to direct motion. The recent dates are Oct 4 for Mercury turning retrograde
and Oct 25 Mercury turning direct.
The description of the Mercury inferior conjunction was in the subscribers market letter.
These dates alone often mark trend changes. Friday Oct 24 is also 55 td's (trading days) from the Aug 7th low.
We'll take the focus off the market cycles and concentrate
on the Astrological events in front of us this month. As predicted this has
been a very volatile month in the markets and world events. Subscribers have
the dates and potential trading approach. We can't show all forecast dates and
events as some information is reserved for subscribers. I can say I was up more
than $99 squared shortly after the
Oct 8th Lunar eclipse.
Oct 23 is the date for the Solar eclipse. There are other
dates coming up that should affect the markets as well. Very volatile
conditions still apply. FED squawking probably will not help. Any news of continuing
QE3 or it's equivalent would be bullish short term. If at any time price goes below the Oct 15th low be very careful. There is little support below this area. As I'll be short this would be good news.
We've been following the Uranus / Pluto waxing square for
some time. Due to retrograde motion this has been a 7 pass with the last two
exact squares coming up on Dec 15, 2014
and then March 17, 2015.
We had mentioned illness / epidemic in the Oct 4th post. The
Solar eclipse takes place in the early degrees of Scorpio and is almost
conjunct Venus. Scorpio is associated with birth, sex and death. In mundane
astrology this includes larger survival and mortality issues that affect
society. The Solar eclipse will emphasize Scorpio as there are 4 planets in
Scorpio. An example is the early 80's when Saturn and Pluto traveled through
Scorpio. There was an increased awareness of safe sex and the aids pandemic came into focus.
Scorpio also rules over other people's money, debt and those
industries that control other people's money. This would include banks, central
banks, large funds, life insurance and any companies in the financial service
industries and the world's financial
system itself.
In mundane astrology Neptune
is associated with epidemics and diseases of all kinds. During this eclipse Neptune is in a grand trine with the Solar eclipse point
(incl. Venus) and Hades. Hades 2 is a Uranian point and can be quite
nasty. Although associated with antiquities it also rules ruins, waste and
deprivation. It is decay, death and the process of breakdown that occurs when
living organisms die and return back to the soil. The bright side, if there is
one, is that life is reborn out of the ashes of prior life. Look for a possible
increase in the current Ebola crisis, other possible water borne disease and
any news of findings concerning antiquities.
The grand trine, mentioned above is all in water signs.
These are the emotional signs. Trading and emotions don't mix well.
Space does not permit, but this eclipse may be associated
with the British Royals. I'll bring this up in a future letter as this eclipse
point gets hit by other transiting planets. Watch for news on the Royals next
week.
These two eclipses (Lunar and Solar) should cause events
that remind everyone the world's financial system is still unstable. We will
get out of this but unfortunately not before we go through some tough times, or
continued tough times for many. I'm looking past 2020 before we can say we are
out of the financial mess. The Solar eclipse also can stir up geophysical
problems and possibly violent weather where the eastern seaboard of the US may
be hit.
The subscribers will have more details on these two powerful
eclipses.
Mars will be in Sagittarius until October 26th. Expect volatility in many markets from
this transit and the other major transits noted above. Mars is also "Out
Of Bounds" by declination, also emphasizing volatility.
The Uranus and Pluto
waxing square will be coming back into focus over the coming weeks. It will be exact on Dec 15. This will be the 6th exact square in this series
of 7 exact squares. The last square in this series is March 16, 2015. The
period around both these dates, Dec 15, 2014 and March 16, 2015 could be
troublesome on the world stage and the financial markets in particular.
Gold
Gold is in the 3rd
week of it's Primary cycle 1
(nominal 18 week). I'm looking at this as
the 3rd week of a new Primary 1 and this would be the first nominal
6 week cycle of the Primary. For those who have been reading these letters for
awhile I look for a pull-back in the first 2-3 weeks of a New Primary 1
. We may see this early next week. It may
have already started with the last two days lower.
I'm looking for Gold to hit the 50% retracement around 1265
for this first 6 week cycle. Currently price is above the 15 day sma and bounced off
the 45 day sma, a bearish move.
The following weekly chart shows the heliocentric Jupiter
price line. It has acted as support for Gold in the past as seen on the
following chart.
Silver is in the 3rd
or 21st week of it's Primary cycle cycle 1
. Like Gold, silver may have just put in a Primary low
and the bounce could be the start of a new Primary..
The following chart shows
the Venus (green) and Jupiter(blue) price lines on a daily chart for Silver.
The trend often changes when these two price lines cross. Silver is currently running
up the Jupiter price line. If it is a new Primary cycle I would expect Silver
to rise away from the price line.
Crude
We are in either the first
week of a new Primary 1 cycle or the 25th week of an older Primary 1 cycle in crude. The last
cycle was left translated which is bearish. If this is a new cycle forming
watch for it to be left translated as well. There is a lot of deflationary
pressure on many commodities, precious metals included.
There are many reason, US and Saudi intentionally over
producing to drive out high cost producers and hurt Russia ,
ISIS and Iran .
This plan seems to be working but there are always unforeseen repercussions.
Western governments collect a lot of tax revenue from the price at the pump. If
it is down the government revenues are down. Crude may be reflecting the real
world economy. When crude does bounce it will probably be to lower highs.
For crude I'm watching the 23.6% retracement level on the
following daily chart.
I'm looking for a trigger for crude. Aspects to Jupiter or
Neptune, the rulers of crude would be good candidates. Possible candidates are:
Oct 20 Sun parallel Neptune
Oct 27 Venus trine Neptune
trine Hades (This may be disease central)
Oct 28 Sun trine Neptune .
I like this one best but be on guard for any of the above.
On a longer term basis there is a 38-39 month cycle in crude, many commodities and the US $. The longer
term cycles need a wider orb. This cycle could trough out from now to early
November. It could also be this week. The following weekly chart (2 pages down)
shows the 38/39 month cycle in crude.
Other items, more specifics on the SP500, Gold and crude also US$, NatGas, Coffee reserved for subscribers. At $99.00 for a 6 month subscription, can you afford not to have it?
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