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.
We have arrived at the 2 weeks in August which should see a reversal in
trend or continuation of a move down.
On Aug 11 we have Uranus Retrograde and Jupiter Direct. Remember
Jupiter is still in square aspect to Neptune. This still involves illusion /
delusion and general questions of reliability.
This may change whatever trend is currently affecting the markets. Allow
+- 5 td’s (trading days).
Jupiter Retrograde could be
signaling a major turn +- 5 tds. If we are down closer to the date then look
for a reversal up. If the market is up then look for a move down. On the SP500
daily chart below, it is possible Aug 5 / 6 was the low. I am looking for the
low this coming week.
Also on Aug 11 Uranus turns retrograde. This signature
equates to reversals but sometimes quite small.
On August 18 Mars enters
Virgo. This often equates to
powerful market moves.
For traders, ensure you always have stop loss orders in place. Both buy
and sell.
Looking at the above I would say the markets may move lower, possibly to
the end of the month or early September. Aug 12 and Aug 19 may both
be powerful moves in the markets.
With so many powerful aspects it is difficult to pick one date. The
forces of the aspects overlap. It should however, be very volatile where one
can make money or lose money fast. This does not mean I’ll answer the many
questions I receive. There’s not enough time in the day.
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 10th
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 which may have
already had on July 26. This would be the ½ Primary cycle crest and down.
Looking at the above summary, I would say the markets may move lower
possibly to the end of the month or early September. Aug 12 and Aug 19 (+- 5
tds) may both be powerful moves in the markets. It should be volatile.
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. I am looking at a low in late August or early September. This may
change as aspects unfold in August.
Much of the market’s movement
will be due to the extent of the trade wars between China and the US.
Watch the 2958 area for the
SP500. On the following chart you can see 2958 is the 23.6% Fibonacci level.
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.
Gold
Gold is entering the 11th
week of the 18 week Primary cycle. This
could be the 9 week cycle trough or ½ Primary cycle crest.
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.
We may be headed down but also watch for a big range day.
Crude's
We had the Primary Cycle trough for
crude oil on June 5th and are entering the 9th
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. I’m looking for crude to move up and gain the lower end
of 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.
Hi
ReplyDeleteAn indian astrologer posted on his website that crude will fall from 13 Aug till 25 August. What is your opinion on it.
Crude should pick up in the fall.
ReplyDeleteIn the short term crude may go up due issues with Iran and the USA.
In this ưeek, you are looking for a crest at Gold
ReplyDeleteHi sir, Gold is moving up and getting new top. But it should be moving down around Aug 11?
ReplyDeleteWhat you mean sir “We may be headed down but also watch for a big range day.”???
ReplyDeleteWe are headed down. A big range day has a wider spread between the high and low for the day.
DeleteSir, given that markets do not move in a straight line and we have had a few down days in the S&P, do you not expect a bounce in the immediate time frame - next day or two? That was also my interpretation of "We have arrived at the 2 weeks in August which should see a reversal in trend or continuation of a move down" Thank you!
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