Thursday, September 30, 2010

Early October Change In Trend

I originally had the Venus retrograde period around Oct 8th as a low. I’m now looking at it as a potential big CIT, which could be a combo turn and affect stocks, Gold, Oil and other commodities and currencies.

As I have written before Venus returns to approximately the same position every 8 years so Sept 2002 was the last time it went retrograde in this area. This doesn’t necessarily mean this will be a low but with the other Astro activity I was looking for a CIT.

In addition to the Venus retrograde we also have Venus sesquisquare (135 degrees) on Oct 7 and Oct 12. Preceding the retrograde, Venus is conjunct Mars on Oct 3 which has had a history of coinciding with Gold turns. This conjunction is somewhat different than normal as Mars is moving faster than Venus, due to Venus slowing down for it’s retrograde station. The effect is Mars is overtaking Venus.

Oct 7 also has a perigee new Moon (closest pass to earth) and is often a big range day.

Following are weekly charts for the SP500, Gold and US$ showing the recent Venus retrograde history. The red arrow shows retrogrades and the blue directs.

SP500










US$











Gold










I’m looking at the period around Oct 22 and Nov 22 as potential lows and maybe a double bottom, after which we should get a significant rise. The period around Dec 21 may also be significant.

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