Summary
We are entering the summer period where interest and action in the
markets and financials in general usually dissipates somewhat. We will continue
with the weekly blog posts but the posts will be shorter than usual with a
couple of weekends off. I will get back to normal posts in late August.
The financial world awaits the interest rate decision by the FOMC this
coming week This should keep Gold up and it is quite possible the rising
Primary cycle may hit the ½ Primary cycle or
9-week cycle and reverse.
Both of the above comments have to do with the Sun square Uranus aspect
on July 29th.
Another pertinent aspect is Mercury turning direct on July 31, the day of
the FOMC decision. Mercury turning direct often signifies a change in trend for
the financial markets. The veil of confusion that follows Mercury retrograde
gets a clearer path forward.
Volatility of world events continues with Iran lining up against the US
and the UK.
There will be a number of aspects involving Venus From July 16 through
the end of the month. Among other things aspects to Venus may involve a
countries currency. This may drive up crude and increase the price of precious
metals.
We may get another war but I'm
looking at September 9, 2020 and beyond for a major war effort. That day
Mars turns retrograde while squaring the conjunction of Saturn /
Pluto.
SP500
We are entering the 8th
week of a new Primary cycle which started on June 3, 2019. In the current
situation I am looking for a crest of the 9 week cycle.
The potent Sun/ Mars conjunction
will be in orb from now until the end of September. This conjunction has a
record of stock market reversals.
Following is an up to dare chart
of the SP500.
Jupiter square Neptune which we have mentioned numerous times may
be the real problem as these planets in aspect can be quite inflationary. This
may be pointing to serious financial
problems late 2019 or early on 2020.
The Jupiter / Neptune
square is still in scope and the effects are still being felt. The Saturn /
Pluto conjunction is also still in orb. Both will come back to exact
conjunction.
If the SP500 index has not moved
much by August 9 watch the following week where we have Uranus going
retrograde and Jupiter direct both on August 11. This indicates a
strong change in trend. When I mention a day it is always a minimum +- 3 tds
(trading days) and sometimes much longer.
Gold
Gold is in the 9th week of the new 18 week Primary cycle. This could
be the 9 week cycle trough or ½ Primary cycle trough.
The Sun waxing square
Uranus can indicate a forming
trough often 5 tds after the exact square. This exact square is on July
29, 2019.
Crude's
We had the Primary Cycle trough for
crude oil on June 5th and are entering the 7th
week of a new Primary cycle.
This needs more confirmation.
Crude may be quite volatile over the summer months and into the late summer
(i.e. Sept 21, 2019). Obviously, the price of crude will go up if relations
with Iran worsen. I’m expecting a rise in crude oil price by the fall time frame.
Checkout Yves Lamoureux. He forecasted the fall 2018 stock market crash and expects another one shortly, after which he is going on a shopping spree till DOW gets over 40,000 in two years.
ReplyDeletehttps://www.marketwatch.com/story/the-big-investor-who-called-a-panic-event-in-2018-says-the-next-one-should-be-here-soon-2019-02-05
Hi sir, s&p500 still keep moving up? Should be moving down as you are looking for?
ReplyDelete