For the SP500, cycle-wise we are entering the 8th week of a new Primary 1 cycle which started on Feb. 2nd 2015. This cycle is aka, the nominal 18 week with a range of 15 to 21 weeks. There are potentially other labeling's of this cycle, but this looks the best for now.
We are also entering the 2nd / 3rd week of either the second nominal 6 week cycle or we are headed for a 1/2 Primary cycle trough. There are a number of Astrological events coming up this week which could move the markets, that is, change the trend. Three of these are Mercury conjunct the point of the March 20 Solar Eclipse on March 30, the Lunar eclipse on April 4th and the Sun in waning trine to Jupiter on April 2nd.
We are not finished with the Solar eclipse either. The points raised on the Total Solar eclipse of March 20th are in effect for 3 to 6 months. That Solar eclipse should stress relationships between
Russia, Europe and
It's pointing to conflict. Also, the last time there was a Solar Eclipse in
aspect to the World Point was June 21, 2001, at 0 degrees Cancer approx. 1 1/2
months before 9/11.
From the Feb 15th, 2015 market letter.
"The 2nd half of February and most of March 2015 are shaping up to be a difficult for the markets and possibly world events."
The SP500 hit a high on February 25th went down sharply, tried to recover without putting in a higher high and went down sharply again. The FED had various members speaking this week trying to talk the market up. This forecast worked out well. Exceptions were two strong days, March 18th which was the date of the release of the FOMC minutes and March 20 which was quad witching and the eclipse. Without those two big up days the forecast is pretty much what I wrote back in mid-February. The market turned down again the first trading day after the March 20 Solar eclipse.
This coming week we have the Sun in waning trine to Jupiter. This is the trine that always precedes Jupiter turning direct, which occurs on April 8th. Although generally construed as positive the Sun in waning trine to Jupiter is weaker than the other major transits between these two planets. A review of the history shows a small rise in the major
indices going into the waning trine through the Jupiter stationary direct date
on April 8th.
In this instance we also have the Sun translating the Uranus / Pluto square on April 5, 6th and Mercury translating the same square on April 7, 8th. which could be viewed as a short term top? With these transits the week of April 6th should bring back the energies of the Uranus / Pluto waxing square and be very disruptive for the markets and other events. (see previous posts for a description of this square).
These aspects together with the Lunar eclipse may be quite negative and give rise to social unrest in many countries including the
Later in the month we have Pluto turning retrograde, to be reviewed next week.
The April 4th Lunar eclipse at 14 degrees, 24 minutes in Libra, is conjunct the
chart Saturn in Libra. It also is in square to the US Sun in Cancer. Saturn is the
planet of restriction, limitation and caution and security. This appears to be
a message with potential problems for the people and the US justice
system. More social unrest or further injustice? Libra is the sign of the
"Scales of Justice". There certainly has been some injustice,
particularly for black people and social unrest in general. We'll soon see what
this eclipse brings.
This Lunar eclipse is very similar to the October 8th, 2014 Lunar eclipse which was at 15 degrees, 5 minutes in Aries with the Sun at 15 degrees, 5 minutes in Libra. You may recall October 8th, 2014 the markets started to accelerate down into a low on October 15, 2014.
So we have astrological events pointing to both a move down, the Lunar eclipse and aspects of the Sun then Mercury hitting the Uranus / Pluto square pushing the markets up, then collapse quickly. In short I'm looking for the markets to be lower by April 10th although this time period should be volatile and watched closely as we have forces pushing both up and down.
We have adjusted the estimate for the next Primary (nominal 18 week) cycle to start near June 5th, 2015 with a range from May 11th to July 6th approx.
We are looking for longer term cycles, 4 and 6 year, to end this year or 1st quarter 2016. The 4 year should end at a Primary cycle low which may be distorted. The 6 year may end there as well. The troughs for the 4 and 6 year cycles will be much deeper. There are other cycles coming due in the first half of 2015 which are reserved for subscribers.
The SP500 also moved below the mid-point support/resistance level (dark blue line) on the following chart I have been showing the past few weeks. The price line is based on the average geocentric longitude of Mars, Jupiter, Saturn, Uranus, Neptune, Pluto. The average longitude is then converted to price and is seen on the following chart.
Using the same planets for the mid-point support / resistance on the DJIA chart, we see price has came down to the resistance line and stopped.
Gold appears to have put in a put in a Primary cycle 1 trough on March 17th. This was 1 td after the Uranus / Pluto square. This puts us in the 2nd week of it's nominal 18 week during this coming week.
We have mentioned many times, the first nominal 6 week cycle of a new Primary cycle often pulls back in the 2 - 4 week range. This often gives a trader an opportunity to get in a market if the Primary cycle bottom was missed. We may be seeing this starting right now in Gold with the small pullback in Gold on Friday
Price is below the 45 day sma but broke above the 15 day sma and the 15 sma is below the 45 day sma. Gold should be bullish here and probably volatile. Watch the 50% retracement area near 1219 for resistance. There are other aspects coming up in mid-year that are positive for Gold. We may hit resistance over the next couple of weeks but the bigger moves should come later in the year.
Note, Gold has stopped at the 88.6 % retracement. This is an extended Fib level.
78.6% = square root of 61.8
88.6% = square root of 78.6%
The following daily Gold chart shows the heliocentric Venus (green) and Jupiter (blue) price lines. Gold moved up to the Venus price line (green) which was almost at the Jupiter price line. This appears to be resistance in the 1219-1220 area. Also note the Commodity Channel Index(9) is near the top of the range and appears headed down. This is a daily chart and therefore a short term indicator.
This coming week of March 30th we should be entering the 9th week of a Primary cycle which started Jan 29, 2015 and may have put in a nominal 6 week trough on March 18th. There was a lot of volatility in currencies the last few days and the
may have caused the rise in crude and some other commodities. If this was the 6
week trough, crude should be bullish short term. I'm not 100% if this was a 6
week low yet. Watch closely early in the week. Crude is sitting on the 45 day
sma and the 15 day is lower than price and the 45 day sma. This could be
Watch the days around April 2, April 6, April 8th and April 16th, 17th. Jupiter and Neptune co-rule crude while Pluto is relevant because it rules hidden things and things from the ground.
As seen on the following chart the
price line (green) gave resistance and crude pulled back to the Jupiter price
line (orange) where it has found both support and resistance in the recent
past. If crude is bullish it should break above the 53.75 area. This needs a
few more days of price action to determine if we are in the 2nd nominal 6 week
cycle. Until we break above the 53.75 area crude may continue side-ways
Other items, more specifics on the SP500, Gold and crude also US$, NatGas, Coffee reserved for subscribers. At $99.00 for a 6 month subscription, can you afford not to have it?
The 1st half 2015 dates and subscription to the weekly letter are available.