Summary
We are ending the summer period. We’ll get back to normal posts in
September.
The following chart shows the geocentric Bradley indicator. It’s the red
line on the daily chart of the SP500. You can search the blog to find my
description of the Bradley and why we should ignore the apparent trend. It’s
not accurate.
What is quite accurate is the changes in trend. I’ve been waiting for
August 23 and now watch the price fall. I have circled that date in blue. Note
the upcoming dates (blue circles). These are all potential turns dates but
ignore the direction of the red line. Give each occurrence of +- 3 tds.
The August 30 date would appear to be a reversal up and potentially a run at
the All Time High.
Also of interest is the vertical blue lines. This is a 54 day cycle. In
Vedic (Indian) Astrology 108 is a sacred number. 54 is 108 / 2 then 54 / 2 =
27. 27 days is the length of time it takes the Moon to circle the Earth. It
takes 2.5 days more for the Moon to catch up to the Earth which has moved 2.5
days and therefore we get to 29.5 days for the orbit of the Moon. In addition
the Sun rotates once every 27 days at the equator of the Sun. The next vertical
blue line which is the
27 cd cycle is on Sept 3.
On August 18 Mars entered
Virgo. This often equates to
powerful market moves. We have covered Mars changing signs in some detail.
Following is a daily chart of the SP500 and the red squares show when Mars
entered a new sign.
Specifically, when Mars enters Virgo the markets have a history of sharp
moves both up and down. where there is a number of red x’s.
Although we may be looking for a rise in the SP500 next week we are still
due to see the trough of the Primary cycle in late Sept or early October.
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 13th
week of a Primary cycle which started on June 3, 2019. In the current
situation I am looking for a crest of the 9 week cycle which we probably
had on July 26. This would be the ½ Primary cycle crest and down.
If this is a trough it may be a trough of the second 6 week
cycle in the 18 week cycle. The third 6 week cycle in the Primary (18) week
is often the most confusing.
Looking at the above summary, I would say the markets may move higher
from here but we should keep in mind the Primary cycle is due for a trough late
Sept to early October. It is possible we continue down into mid Sept / early
October. Mid month we have Saturn turning direct just 2 days before the last
Jupiter / Neptune square. Saturn Direct is a signature for the 50 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 date chart
of the SP500.
Much of the market’s movement
will be due to the extent of the trade wars between China and the US.
Watch the 2844 area for the
SP500. On the following chart you can see 2844 is the 61.8% Fibonacci level.
Notice at the bottom of the
chart. The light blue line is the 39 or 40 week cycle. It is due to hit the
trough around October 2nd. I’m looking for the Primary cycle trough
mid Sept to early Oct.
Price is above the 15 day sma and below the 45 day sma.
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 next square is Sept 21. The Saturn
/ Pluto conjunction is also still in orb. Both will come back to exact
conjunction.
Gold
Gold is entering the 14th
week of the 18 week Primary cycle. This
could be the ½ cycle of the Primary cycle. It could also be the completion of
the 2nd 6 week cycle in the 18 week Primary cycle.
The Jupiter going Direct signature on Aug 11 is often associated with
crests in gold prices..
The Uranus Retrograde signature is also more frequently associated
with crests in gold or big range days.
When commodities are moving with such strength it is difficult to see a
turn. Price has just come down to the 15 day sma. It may bounce here, on Sept 3
+-.
Gold may have an up day on Sept
3.
Aug 23 may have been that big range day.
Aug 26 has Venus in waxing trine to Uranus.. This is a very volatile
aspect.
Aug 28 has Mars trine Uranus often seen at crests in Gold. This could be
very volatile for Gold over a number of days. Watch out for a pull back in
Gold.
The red squares on the following daily Gold chart show the exact square
of Jupiter and Neptune. There are 3 of them. Based on the previous 2 we may see
a move up then down.
From last week:
“We may see moves in Silver Aug
26-28 and possibly Aug 28 for Gold.”
Crude's
We had the Primary Cycle trough for
crude oil on June 5th and are entering the 12th
week of a new Primary cycle. Notice the green symmetrical triangle
providing support and resistance. Crude price quickly broke the bottom of the
symmetrical triangle. Crude will either break above or below the symmetrical
triangle.
I’m looking for crude to find
support at the May and June resistance areas. This assumes crude price moves
below the boundary of the symmetrical triangle (green).
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 timeframe.
Will China buy crude from Iran?
Closer in time crude price may
rise short term at Aug 12 where Jupiter turns Direct all +- 5 tds.
The red squares are the Jupiter
/ Neptune square. The next instance is the square forming on Sept 21.