Financial Astrology - August 5, 2019

Our posts are now reported on the highly regarded FXStreet.com.

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 Fed ended questions by implementing a rate cut of .25 interest with the possibility there are two more to come…maybe.

Sun square Uranus aspect on July 29^th was signaling a possible pullback in the SP500 and Gold.

On Aug 7, coming up we have the Sun in waning trine to Jupiter. This often signifies a ½ Primary crest and down.  It was in orb last week so the move down last week may be it.

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.

Coming up on Aug 11 we have Uranus Retrograde and Jupiter Direct.

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.

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.

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 fast. This does not mean I’ll answer the many questions I receive. There’s not enough time in the day. Also I’ve got a computer problem that may prevent me from responding.

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 9th 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 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.

Above is an up to date chart of the SP500. I’m looking for a possible trough. I’m looking at the Fibonacci retracement at 50% (2,879) and 61.8% (2,844) to be the area of the low. I am looking at a low in late August or early September. This may change as aspects unfold in August.

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 10th week of the 18 week Primary cycle. This could be the ½ Primary cycle crest.

Aug 2 finished with a strong Doji, a reversal signature. Also the ½ Primary cycle is due.

We may be headed down.

Crude's 

We had the Primary Cycle trough for crude oil on June 5^th and are entering the 8^th week of a new Primary cycle. Notice the green symmetrical triangle providing support and resistance.

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).

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 timeframe.

Closer in time crude price may rise short term at Aug 7 (Sun waning trine Jupiter) and Aug 11 where Jupiter turns Direct all +- 5 tds.