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SP500 December 18
The last Primary cycle low was August 21st, the day of the Total Solar Eclipse. The standard for the Primary cycle is 18 weeks. We are now starting the 17th week of the SP500 Primary cycle which has a range from 15 to 23 weeks. This has been an unusual time with the general market indices seemingly unstoppable.
I mentioned before the Jupiter trine Neptune and Saturn trine Uranus needed some Earth signs which is more disciplined, status quo and not apt to see rampant changes or inflation.
We currently have 6 planets in Fire signs and 1 in Earth signs. This will start to change Dec 19 with Saturn entering Capricorn. By Jan 11 there will be 5 planets in Earth signs. Does this mean more stability? Not if you look at January and February. In particular there are 2 Super Moons in January and then a powerful Solar Eclipse on Feb 15. More on this powerful eclipse and earthquake’s in general in late January’s post.
Whether it is central bank money, corporate buy-backs or money from some other source we need to know the time periods where a correction is more probable. We 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 Bradley indicator (thick red line). It indicates a possible change in trend near Jan 8. The current daily closing high was December 15th at 2,675.81
We should stay aware the trends in the major US indices remain up and that is the way they should be played.
Last week we mentioned on Dec 9 Mars enters Scorpio, the sign that it rules along with Pluto. This has a strong relationship to changes in trend in Gold and it appears an effect on the broader market indices as well. Check the Gold chart. This may have been the Primary cycle bottom in Gold but watch closely for a pull back before a bigger move.
Other aspects with an effect on the markets are:
Dec 19 Saturn enters Capricorn
Dec 20 Venus trine Uranus
Dec 21 Sun enters Capricorn and conjuncts Saturn.
Dec 22 Mercury turns Direct
The following week may be more active as Saturn enters Capricorn, the sign that it rules.
Watch for news from or about France including countries with an influence from France like North Africa.
There is a longer term Market cycle coming due. That is the 9 / 18 month cycle as seen on the following weekly chart. I’m looking for the markets to start a move down between Dec. 18th
and January 10, 2018. January 8, 2018 may be the bottom.
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.
The following monthly chart of the DJIA shows when Saturn has been in Capricorn (red x’s). Notice they have all had significant drops. This chart also has the 15 year cycle which will be coming due in 2018.
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 ended on the Jupiter Price Line on Dec 8. When the two lines cross we often see a big range day or reversal.
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. 21st and Jan 5, 2018.
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.
Also watch around November 10 / 11 where the Saturn and Uranus Price Lines cross.
I’m watching Bitcoins, but just watching.
Gold is in it’s 23rd week unless December 12 was the Primary cycle low. At this point it cannot be confirmed although I’m leaning to that outcome. It’s possible we get another pullback but overall, we should be headed up within the next couple of weeks.
Dec 12 was close to the Mars entering Scorpio mentioned last week.
The 15 day sma is below the 45 day sma and both are curling down. Price is below both. This is the picture we want to seat a Primary cycle low.
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 38.2% retracement.
This will be interesting to see if a Gold rise is affected by BitCoin and other crypto currencies.
The following chart shows seasonal tendencies for Gold. The 2nd half of the year, on average, is up.
The longer term.7.4 Year cycle is shown in the following weekly chart. Note we are still early in the latest 7.4 year cycle.
The following chart shows a 27 cd (calendar day) cycle (blue vertical lines). The next being 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 got 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.Note price went down to Dec 12 where it bounced of a Mars Price Line.
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 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. Note on the chart, Mars changing signs, to any sign often has a change in trend in Gold price. The blue circles highlight when Mars enters Scorpio.
We were looking at 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 11th week of the Primary that started on October 6th
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 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. December 2nd was the Jupiter waning trine Neptune. Watch for a change in trend in crude.
Watch the red Fibonacci retracement lines and the blue planetary averages.
Also watch the 15 and 45 day sma. The 15 day is curling over while the 45 day sma is headed up. And is below price.
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 and now at the next level up is acting as resistance.
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.and Nov 22.
We want to see the Crude price break above the Pluto price line (blue) to signify Crude is going higher.