- Our second half 2017 forecast dates are available
- Subscriptions include the forecast dates and a monthly Market letter with
eMail alerts for imminent trading opportunities
-We do not use negative option billing nor do we sell email addresses
Our posts are now reported on the highly regarded FXStreet.com.
The next 1/2 year Forecast Dates are available for purchase.
(July, 1 2017 – December 31, 2017)
Subscribers receive 6 months forecast no matter when they sign up.
The last Primary cycle low was August 21st, the day of the Total Solar Eclipse.
We are now starting the 13th week. This has been an unusual time with the general market indices seemingly unstoppable. Price has touched the 15 day sma for one the few times in months. Whether it is central bank money or money from some other source (i.e. corporate buybacks) we need to know the time periods where a correction is more probable. We try and look at Cycles and Astro events that have a history of being 65% - 72 % correct. We will continue with this approach.
Note this last Primary cycle low on August 21 was not very deep. Price was below the 15 and 45 day sma and the 15 day dipped just below the 45 day sma.
The following daily chart of the SP500 shows the adjusted Bradley indicator (thick green line). It indicates a possible, I emphasize possible, change in trend near Nov 17 and Dec 4. The current daily closing high was November 8th at 2595.47
I’m looking for a pullback, then a bounce and then a move further down.
November 24 / 25 is also a Martin Armstrong turn date. Look for surprise events. The Martin Armstrong turn dates are based on his Economic Confidence model. It is defining turns for the world economy although they often show up as turns in the markets.
We should stay aware the trends in the major US indices remain up and that is the way they should be played.
The coming week will be shortened in the USA due to the Thanksgiving holiday. Other exchanges will be slow.
The Sun will be changing signs on Nov. 21 when it moves into Sagittarius. Confusion may still prevail as Neptune turns Direct on Nov. 22nd.
Also of note on Winter Solstice when the Sun enters Capricorn on Dec. 21 Saturn will conjunct the Sun and move into Capricorn as well. This could be a difficult period. For Astrologers, following is a Sagittarius Rising chart for the USA (inner wheel) and the current planetary placements (outer wheel) as of Dec 21, 2017.
The above combination could be defining problems / restrictions for the general population, particularly the mature population and with the Sun could affect the President or other leaders. This combination could affect a number of years in the future as Saturn is in a sign for approx. 2 ½ years. Other conditions this may highlight are State funerals, public sorrow and disappointment in general. State assets could be affected as well as industries connected to metals and mining. General health issues in the population could also be a problem.
The following monthly chart of the DJIA shows when Saturn has been in Capricorn (red x’s). Notice they have all had significant drops.
The following daily chart of the SP500 shows the Jupiter price line (blue) and the Sun/Earth price line (green). Both of these price lines have a history of providing support and resistance.
Price has just followed the Sun/ Earth price line down and then bounced up on Nov, 16 and 17th.
The following chart of the daily SP500 shows the Venus latitude as a green wavy line. Note I put green vertical lines at the center of each wave up. Note; the market tends to turn down shortly after the mid-point of the Venus latitude. The red squared boxes are a test of forecasting.
I continue to watch the 24th harmonic cycle (360 / 24) cycles for short term turns. The brown squares are Sun / Saturn 24 degrees on the following daily chart. The blue vertical lines are 24 cd’s (calendar days).
The next hit is Dec.5th
I have added 3 price lines to this chart.
Saturn - black
Uranus - purple
Neptune - light blue
These price lines can act as support / resistance. It has been at highs and lows. Note also when they cross often gets a reaction in price on a short-term basis. Also note, near the top of the chart is a light blue line. This is the Neptune Price Line. Note how it has been strong resistance to price but has broken through. It should act as strong support when the market turns down.
In summary with the aspects in front of us I’m looking for a surprise event to turn the markets. This may not happen until later in November / early December.
Gold put in an impressive rally into Sept. 8th. July 10th was a Primary cycle low and we are now 18 weeks along. It is possible October 6th was a Primary cycle low. Much will depend on where Gold goes from here. A Primary low on October 6th puts us 6 weeks along in a new Primary cycle. Remember the 6 week and 9 ½ week are typical cycle lengths for cycles in Gold. The Primary cycle has an average length of 18 weeks but has a range from 15 to 22 weeks.
The 15 day sma is below the 45 day sma but curling up.
Note on the Gold chart below, the red horizontal lines are the retracement from the move up from December 2015 to Aug 4, 2016. Gold stopped at the 23.6% retracement.
Also note the low on Oct. 27th is close to the Oct 6 low and if you look back this area has been support and resistance. I wanted to see this area hold. It has held.
Monday will be the 39 day cycle. This is the vertical blue lines. We often see a short term pullback
The following chart shows seasonal tendencies for Gold. The 2nd half of the year, on average, is up.
The 4th quarter of 2017 may still see a rising Gold price. On a weekly basis Gold has been making higher lows and higher highs since the end of 2016.
The following chart shows a 27 cd (calendar day) cycle (blue vertical lines). The next being November 27th and then December 22nd
The red lines headed up are the Mars price lines. It has hit one of the main Mars Price lines (darker red) and gott support here. Looking at this whole chart it is based on a 24 harmonic. If you count each line from one darker red line to the next you will find there are 15 of them. 15 * 24 degrees = 360 degrees.
The following daily chart of Gold shows the days Mars is entering a new sign (red squares). Look at this using +- 3 td’s (trading days). The next date is December 8th. These can be at highs or lows. This next one will be as Mars enters Scorpio the sign that it rules.
We were looking at June 21st or October 6th as being the trough of the last Primary cycle. The move out of that date was the start of a Primary cycle. We are entering either the 6th week of the Primary that started on October 6th and possibly we are still working off the Primary low of June 21, 2017 and 22 weeks along. I’m looking at this as 6 weeks along.
November 3 crude broke through both the $55.00 Fib (red)area and the planetary average longitude for the planets from Jupiter to Pluto, blue horizontal line. This area acted as strong support on November 15th.
The horizontal blue lines are the average longitude of the planets Jupiter, Saturn, Uranus, Neptune and Pluto (blue). Note how price stopped on August 1 and August 31, right on the average longitude. See it again on Sept 14. The next blue line is in the $55 + near the top of the chart.
The horizontal red lines are the Fibonacci retracement from Nov 14, 2016 to Feb 21, 2017.
There have been a number of aspects involving Jupiter and Neptune, which resulted in a move up from June 21st. Jupiter and Neptune are the co-rulers of Crude and NatGas. November 3rd will be the powerful Sun trine Neptune and December 2nd Jupiter trine Neptune.
Watch the red Fibonacci retracement lines and the blue planetary averages.
Also watch the 15 and 45 day sma. Both are pointed up with price rising above both. This has been a strong move.
On the following daily chart of crude note the green lines sloping up. This is the price line for the Sun/Earth. The blue lines moving horizontal is the Pluto price line (blue). The Pluto price line acted as support on Nov.15th.
Note how price often follows the Sun price line up and often stops and reverses at the Pluto price line. We often get big range days when the two lines cross, like October 27th.