Wednesday, July 6, 2011

July 6, 2011 Update

To follow along the Sun translated the Uranus/Pluto square June 26-28 (see previous post). Expecting a low there but not the large up move. Presently assuming we have seen the 50 week cycle trough we were waiting for, a tad early.

We are now entering the time period where Venus will translate the Uranus/Pluto square July 7-8. Since Uranus will turn retrograde on July 9 it is almost stopped at this time. Will we be a looking at another low, making the 50 week a double bottom? With Uranus in the mix anything can happen. I tend to like the latter. This is also another time frame to look for geophysical activity as well. In addition to Uranus and some Jupiter transits we have the moon at perigee (closest point to earth for this pass) on July 7.

If crude is seen dropping into the weekend of July 16, look for a potential reversal the week of July 18. This is based on some mid-point transits.

Gold we thought would be going down into mid-month, however price action points to a continued rise so we'll just watch this one. Heliocentric Mercury enters Sagittarius on July 19. We often see big moves in precious metals and currencies in the first few days of this transit.

We are still expecting the US$ to start a longer term move up but it may have another trip to test the bottom first. This was based on a 17 and 18 month market cycle not Astros.

All dates given are +- 3 trading days (td's). When looking at monthly cycles they can be off by a month. The following is a weekly chart of the US buck.











I'll also keep posting the Silver chart simply because it interests me. There was a good question re: this chart. The Venus / Jupiter price lines are based on heliocentric (Sun centered positions.

It appears Silver will be moving up using the Venus price line as support but check price action frequently if in the trade.

4 comments:

  1. DJI Buy any pullback!
    http://astrofibo.blogspot.com/2011/07/dji-60min-buy-any-pullback.html

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  2. I agree. I'd like to see the pullback July 7-11. Stocks should then move up if the big move up in late June was the 50 week low. I think it was.

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  3. tradingdaze,

    if I may ask another question, please. Why do you use Venus for Silver? It works beautifully, but for me Venus represents money. Silver I would put with the Moon and maybe Mars.

    Thanks, gis

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  4. I use heliocentric Venus for Silver simply because, after much investigation, it works.

    ReplyDelete