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Gold also had a good week as it tested 1350 on Wednesday

REVIEW AND PREVIEW

"President Trump said the U.S. would impose auto tariffs on the European Union if a trade deal can’t be reached between the two sides, as tensions between the traditional allies continue to build.” -Vivian Salama. “President Threatens Tariffs on EU Autos,” Wall Street Journal, February 21, 2019.

On the news that tariff threats on European cars were back in the news, equity markets dropped – for one day. By Friday, many stock indices were back up to new highs for the year 2019. The Dow Jones Industrial Average crossed 26,000 on Friday, for the first time since early November. The German DAX crossed 11,500 for the first time since early December, and the Chinese Shanghai Composite crossed 2800 for the first time since September, to list a couple of examples. This just adds credence to the idea that the mini-panic into late December 2018 resulted in a 4-year cycle trough in U.S. equities as discussed in last week’s monthly MMA Cycles Report. This is also in line with the historical correlation of Jupiter in Sagittarius (November 8, 2018 through December 2, 2019), where stock indices often top out during this period, or make a secondary top to a high that has already been established, as is the case so far in 2018 for many world equity markets.

World stock indices have now been up for 8 straight weeks. If they are up again this week, it will put into effect our “Bullish 8-Week Rule.” This states that any market that continues making new highs for their primary cycle after the 8th week is bullish, unless the next decline takes out the low from which they started. Thus, this week is critical

Gold also had a good week as it tested 1350 on Wednesday, February 20, just two trading days after our February 18 two-star geocosmic critical reversal date – and right into the midpoint of the Venus conjunction with Saturn and Pluto (February 18-22). That was its highest level since April 2018. However, Silver just missed making its new cycle high, as it was also a critical reversal zone, it set up a case of intermarket bearish divergence and both metals fell rather hard the next two days, with Gold testing 1320, and Silver 15.75 ((Silver got to 16.19 during the week, and its previous high in late January was 16.20).

Bitcoin and crude oil also enjoyed multi-week highs during the Venus/Saturn/Pluto stellium in Capricorn. Bitcoin topped 4000 last week for the first time since January 10, and crude oil soared to 57.81, a level not seen since mid-November. Crude oil is enjoying the three-passage series of the Jupiter/Neptune waning square that will remain in effect into September 2019. Both planets and both signs co-rule crude oil

SHORT-TERM GEOCOSMICS AND LONGER-TERM THOUGHTS

“Trust yourself. If you work hard and never give up no matter what anyone tells you, you can achieve your wildest dreams.” – Lady Gaga, “The Queen of Fashion,” by Sharon Kanter, People Style, February 2019. A true Jupiter in Sagittarius, square Neptune in Pisces type of quote.

Nothing goes up forever. And a general rule is that the higher they go, the harder they fall. That may be especially true with the setup in force for much of 2019, which involves Jupiter in its ruling sign of Sagittarius, square to Neptune in its ruling sign of Pisces. This is a classical over-confidence signature, one inclined towards wishful thinking, irrational exuberance, and fantastic fantasies and visions. Yet, you need confidence, visions, and even fantasies, to begin the process of succeeding beyond the ordinary.

When present as a transit to an individual’s chart, such as transiting Neptune in a hard aspect to one’s natal Jupiter, it often leads to overspending, which in turn leads to credit and debt challenges, sometimes ending to bankruptcy. When it happens as a transit in the skies to one another, it often coincides with governments, businesses, and intuitions overspending, losing their credit rating, and possibly going bankrupt. Nobody seems to believe it when it is happening, because it also coincides with inattention or complacency and overlooking of details (like bills and invoices). The combination is a challenge to stay focused on basic organization matters, and hence these matters get pushed aside until the creditors come calling and demanding payment. This is the danger of what can happen as the year 2019 progresses.

It is a danger because once Jupiter leaves Sagittarius and its square aspect to Neptune, it goes into Capricorn, where it will join Saturn and Pluto. Some think Jupiter will make the Saturn/Pluto in Capricorn easier. I don’t think so. Jupiter exaggerates the qualities of the sign it is in. It does not void them. However, it can also lead to hard work which then enables one to achieve their goals. So, when Jupiter leaves the happy land of Sagittarius and enters the scrutinizing sign of Capricorn, it can exaggerate the challenges caused by the complacency, disorganization, and carelessness of Sagittarius. It will exaggerate seriousness, not lightness. And that is scheduled to begin very late this year through 2020, culminating in 2021-2022. One must be prepared for this sudden and possibly dramatic change of the collective mood.

Shorter-term, we are scheduled to get a preview of the dramatic shifts that could take place from 2019-2020 during the first two weeks of March. On next Friday, March 1, the USA nonfarm payroll reports will not only be released (always a time of potential market volatility), but Venus (money and love) will make a waning square to Uranus (the unexpected, volatility, disruptions, and sudden changes). On March 5, Mercury will begin its three-week retrograde motion, a time when the “Trickster” renders technical levels of support and resistance unreliable. The same is true with many other technical signals. False buy and sell signals are the order of the day when the Trickster is retrograde. This is compounded further because on March 6, there is a new Moon in Pisces conjunct Neptune, the planet of illusion and misdirection, whilst Mercury is retrograde. This is a combination indicating a slew of false signals and conflicting economic and political news/reports.  It is not a favorable period to make agreements without all the details understood. It is a good time to go to the movies, theatre or dancing. Or if that doesn’t work, try a religious revival or séance experience. They all come under the heading of Neptune, with Mercury, in Pisces. So does a vacation to the tropics and a sandy beach – which reminds me to give a call-out to all of our Florida readers. I will be giving an afternoon presentation in Ft. Lauderdale in two weeks and look forward to seeing many of you there (see “Announcements” below).

Longer-term, March 6 is also important because Uranus will re-enter Taurus (that’s a big deal in astrology), where it will stay posited for the next six years. Taurus is the sign of the bull, and ever since Uranus first went into Taurus last May, Live Cattle (which includes the cow) have gone up in price. Uranus is the planet of boom and bust, and it correlates with the sectors of the economy ruled by the sign it is in, Hence, Taurus and Live Cattle are subject to a very dramatic next six years.

Taurus also rules money and currencies, and even cryptocurrencies. I think they too will be subject to dramatic changes over the next six years. The whole banking system could look completely different than it does today. And so might the U.S. Dollar.

For now, it is probably better to learn how to dance with Mercury and Neptune crisscrossing in Pisces the next month. At the very least, one is advised to work on effective communications and being organized, with an effort towards honesty and accuracy, and avoidance of … avoiding things that require attention, such as finances and relationships. But always remember that even under Jupiter square Neptune, followed by a Capricorn stellium, if you work hard and never give up, you can achieve your wildest dreams. Enjoy the month of Pisces, It just beginning!

Author

Raymond Merriman, CTA

Raymond Merriman, CTA

The Merriman Market Analyst

Raymond A. Merriman is the President of the Merriman Market Analyst, Inc and founder of the Merriman Market Timing Academy.

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