General
There are so many significant aspects coming up in the next weeks
it's pointing to some type of larger event that could effect many markets.
To repeat, this blog changes on Jan 1, 2014 We will no
longer provide turn dates for the SP500 as these are being sold for the first
half of 2014 see ->
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The main market indexes look like they are being pushed up
into year end. Be very careful around here. They have gone further than I
thought they would with the negative Astros around. I'm still short the SP500
and nervous. I also still have buy stops in on Gold and am long Crude.
Gold
Gold is currently 12 weeks along it's Primary cycle (nominal
18 week). We are also setting a long term 4.25 year cycle trough or just testing the low in late June 2013. This has been a very left translated cycle, starting on Oct 15th and putting in the high on Oct 28th.
We should be close to a bottom, either just put on in or a
spike low this coming week then up. See the December posts for details of the
Astrological events during this period. The Sun and Pluto are often active by
transit during Gold turns are are repeated here.
Dec 30 Mars
square Pluto
Sun
square Uranus
Dec 31 Mercury
conjunct Pluto sextile Mars
Jan 1 Sun
conjunct Pluto
Venus
quintile Uranus ( Venus was quintile Uranus on Dec 10th then turned
retrograde)
Jan 1 is also a perigee New Moon which is conjunct to Pluto
and on the heliocentric South Node of Jupiter
Jan 1 heliocentrically has the Earth at 11Cancer4 the exact
position when Uranus and Pluto perfected the heliocentric waxing square on Nov
23, 2013.
Jan 1, 2014 or a few days around it should be an important
time for many markets.
This period could bring in increased social unrest,
financial problems and geophysical events.
Normally we would watch the 15dma and 45 dma to see if the 15dma can turn up and ideally pass the 45 dma on it's way down. In a surprise move this turn can happen very quickly. Hours rather than days.
Crude
The following daily chart for crude shows crude has followed
the Sun price line (green) up to the Pluto price line (dark blue). Note this is the main
(darker) Pluto price line where events often happen. I expect a pullback here
or a sharp move up through the Pluto price line. Of the two choices I'm leaning to a
pullback which would satisfy the 16/24 week cycle and then probably up, but we
will have to see more price action first.
This is the 5th week of the Primary cycle and due for a Major Cycle crest (nominal 6 week). It's due for a quick down turn.
This is the 5th week of the Primary cycle and due for a Major Cycle crest (nominal 6 week). It's due for a quick down turn.
