S&P500 Likely to Experience a Zig Zag Month
|April Update – As mentioned on the first two pages of this letter, this month is a full feature fireworks show. I don’t remember anything like this in past months. We have five potential Planetary Polarity points. This will likely give us a zig zag whipsaw market for the month. This does not preclude some sort of trend bias. We do have one strong directional clue. The planets hitting 0 degrees Latitude have been very accurate in forecasting direction using the rule that North is a high and South is a low. We saw this happen in late February into March 1 when Mars hit 0 Degrees North Latitude and formed what is now the high for several of the Stock Indices and several other market.
This happened again via Mercury at 0 degrees North Latitude on 3/17 which was within two days of the mid month high. Coming on 4/25 AC, Mercury will hit 0 Degrees South Latitude, so this should be a low. Keep in mind that it seems that the Latitude events seem to require about a plus or minus two day window, rather than the plus or minus one day window we are accustomed to using for the other planetary events. For the rest of these events, rather than trying to out guess the rest of the these events, which include four Planetary Station Points, I will list them below.
4/05 AC – Saturn in Sagittarius turns Retrograde.
4/07 AC – Mercury in Taurus turns Retrograde.
4/13 AC – Venus in Pisces turns Direct.
4/19 AC – Pluto in Capricorn turns Retrograde.
4/25 AC – Mercury 0 South Latitude.
Technically, the S&P has broken its longer term uptrend channel, but it has also recently broken its near term down trend line. As of Friday’s close, it seems to be at a fork in the road, Whichever way it decides to go, given the outlook for April, it probably won’t last more than a few days. To borrow from the famous Bette Davis line, “fasten your seat belts, it’s going to be a very bumpy ride’.
This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.
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