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.
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 final Jupiter / Neptune square will be Sept 21 but it will be in orb much longer. 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.
The following weekly chart of the SP500 shows:
Purple square - Sun square Uranus - July 29
Orange Circle - Sun trine Jupiter - Aug 7
Purple arrow pointed left - Uranus Retrograde - Aug 11
Orange arrow pointed right - Jupiter Direct - Aug 11
The vertical black lines are a 66 week cycle.
The following weekly chart of the SP500 shows:
Purple square - Sun square Uranus - July 29
Orange Circle - Sun trine Jupiter - Aug 7
Purple arrow pointed left - Uranus Retrograde - Aug 11
Orange arrow pointed right - Jupiter Direct - Aug 11
The vertical black lines are a 66 week cycle.
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.
Thanks for the review for this week, With your review I can know my trading plan. Hope next post you review about gold (XAU/USD) because I very interested with that.
ReplyDeleteRead the Gold section carefully. Gold is 9 weeks along the 18 week Primary cycle, thus the 9 week or 1/2 Primary cycle.
ReplyDeleteLook for a forming trough. Within a 5 td window Gold may hit it's trough low.
I do not get it sir. You mean that within a 5td window Gold may hit it’s trough low like gold will get a bottom or gold is ready to move down? Thanks
Delete5 days from July 29 look for a forming trough. Forming meaning it started to move to a low. It hasn't started yet.
DeleteHi sir. It is time to short gold sir. The moving down has started.??????
ReplyDeleteI'm not.
ReplyDeleteAt what level would you short it.
I shorted at 1416
DeleteThat could be good.
DeleteHi sir,
DeleteGold is now bouncing so what is your plan now? What are you looking for now?
Holding my short in Gold.
ReplyDeleteAlso put in a small short on the SP500.
Hi sir. Gold is crazy moving up. Can believe it
DeleteIt is no secret China and Russia have been buying Gold by the ton over the last few years.
DeleteOn our current situation we have Venus in waxing square to Uranus tomorrow but it is in orb now. (+- 3 tds)
So what are u looking for when Venus in waxing square to Uranus?
DeleteI keep that info to myself.
DeleteYou mean gold should be moving down
DeleteYes, I was looking for Gold to move down.
DeleteWhich price are you holding for short?
Delete