SP500

SP500

For the SP500, cycle-wise November 4th was the Primary cycle trough. 1 which puts us entering either the 24th or the 2nd week of a nominal 18-week cycle. If week 2 then, April 13 was the Primary cycle low This is not confirmed. We’ll have to wait for price action next week to determine if we are at the start of a new Primary cycle.

It should be noted Primary cycles (18 weeks) most often start with a nominal 6 week sub-cycle.  The 2nd most common start is a 1/2 Primary or 9 week sub-cycles. The nominal range for the Primary cycle is 13 to 21 weeks. Currently the high of this cycle was on March 1st closing at 2396 in the SP500. This high was very late in the cycle. It is very right translated which by itself would be bullish.

This cycle is so late I expect the cycle to expand, probably into the 22 – 23+ weeks area possibly longer. I have covered my shorts although I still have shorts in the TSX (Toronto Exchange).

The last 2 months have been unusual and very difficult to forecast. A turn on April 13th was just before the Sun conjunct Uranus and Venus turning direct from retrograde.

To summarize, there was a tremendous move up from November 4, 2016. It went sideways starting in early December then up again near the Jupiter retrograde on February 6th. The US markets are very overvalued at this time.

I had mentioned there was large sums of money going into the US markets. In a previous post I mentioned the FED injecting 200 billion + into the markets. Today I found the ECB and BOJ have purchased 1 trillion dollars in assets since January 1 2017. One of the reasons the markets rose at this rate.

The following chart of the SP500 shows the heliocentric Bradley indicator (blue, horizontal, jagged line). It is suggesting a market turn on Monday April 24th.

Note the 15 (red) and 45 day (blue) sma’s. The 15 day sma has crossed below the 45 day and is pointed down. Price went below the 15 and 45 day sma. This is something we watch for a Primary cycle troughs.

The look back for the 15 day sma is going to drop some higher values which by itself would mean the 15 day should move lower.

This coming week has fewer significant Astros than what we have seen in March and April. Nevertheless, there are some new ones and the longer term aspects we have mentioned still apply and confusing Mercury continues it’s retrograde motion until May 3rd.

April is filled with powerful Astrological aspects and events. Don’t discount the aspects of the larger planets. They can cover longer periods of time. For example, 2 weeks ago we had Saturn going retrograde. This can last for a number of weeks and is a period of review, taking stock, restriction, fear and correct recent mistakes. The Sun always trines Saturn approx. 11 cd’s, (calendar days) after Saturn turns retrograde. This was April 17th.

This is a month of retrogrades. The following planets turn retrograde or direct this month; Saturn retrograde, Mercury retrograde, Venus direct and Pluto retrograde. See last week’s blog.

Next week, starting on Saturday:

April 23 Mars squared the North Node
Mars squared to the North Node gives the courage to follow through on any new ideas. Risk taking. Watch out for law enforcement or military. This can also represent accidents due to carelessness and mechanical breakdowns. Watch for this on the weekend and the first couple of days next week.

April 24 Mercury trine Saturn
This should add some level of patience with the events transpiring around this signature. Mercury continues in retrograde motion until early May and brings it’s own level of miscommunication. Both planets are in Fire signs, Aries and Sagittarius. Aries, looking at the US as a whole, and can represent how the nation projects itself to the world. With Saturn in Sagittarius the law, religion could be emphasized.

April 27 Mars sesquisquare Pluto
The sesquisquare aspect is 135 degrees and can represent when one makes a mountain out of a molehill. It can reveal an area of frustration or disappointment.

April 28 Venus enters Aries
Venus here is connected to national resources and finances. It may also affect the way women are represented or themes associated with women.      

Mercury conjunct Uranus
Like Mercury trining Saturn above, retrograde Mercury will conjunct Uranus throwing our attention to air and rail transportation. There may be an accident of some significance. This could also be pointing to a period of wild weather, upheavals, lawlessness, protests and inventions / technological events.

The first week in May has some unusual aspects in Cycle Charts. This will be covered in the subscribers letter. Cycle Charts are drawn up for a planet when it crosses 0 degrees of declination from South to North.

 

Venus

The following chart shows Venus retrograde, the Inferior conjunctions of Venus and the Sun and Venus going direct on April 15th. Read the last couple of blog post for more info on Venus retrograde.

Notice that the SP500 turned down when Venus turned retrograde (red arrow) and now may turn up near the Venus direct date (blue arrow)

 

Mercury

The other planet inside the Earth’s orbit is Mercury. It too has inferior and superior conjunctions. On the chart the red arrow is Mercury turning retrograde, then the Inferior conjunction of the Sun and Mercury and then the blue arrow which means returning to direct motion. Mercury can be a very confusing time. Mercury will turn direct on May 3rd.

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All the longer term Astrological aspects and events still apply. See previous blog posts.

Watch for potential geophysical events, violent weather or increased conflict. Mars is the planet of war, conflict and aggression. We had noted this last week and we got the USA bombing Syria on April 6th the same day Mars trined Pluto. A war aspect. We also had the use of a MOAB bomb and potential crisis brewing in North Korea. From other sources, there may be an event or issue with water in the USA. This summer may see increased geophysical activity, particularly around the Solar eclipse.

As mentioned in previous weeks both Israel and Egypt (mid-East) may come to the fore this year as regards to conflict and aggression. Iran and Turkey may be included as well. This may be seen before the end of April. This is connected to the on-going Saturn / Uranus trine, a 45 year aspect which is exact again on May 19th.

Mars is active and can result in war or conflict. The US should stay out of any conflicts as they should concentrate on growing health and legal problems at home. If the US does get involved it could result in many casualties. At this point watch Syria and North Korea. Coming up, can Iran be kept off center stage?

In mid-May we have the Saturn / Uranus trine. The Saturn trine Uranus aspect is a right wing, conservative process with a history of the development of capitalism. This is an aspect to bring out new ideas, inventions, insights and reforms. This aspect also has a strong connection with the Middle East and Israel and Egypt in particular. It is a 45-year cycle. When looking at Brexit and recent political actions in the USA with the Trump presidency look no further than the Saturn / Uranus trine.

I continue to watch the 24th harmonic cycle (360 / 24) cycles for short term turns. The brown squares are Sun / Saturn 15 degrees on the following daily chart.

The last hit was on April 17.

The next hits are May 2nd then May 17th.

I have added 3 price lines to this chart.

Saturn - black
Uranus - purple
Neptune - light blue

These price lines can act as support / resistance. Also on this chart are blue vertical line which is the 24 cd (calendar day) cycle. It has been at highs and lows.

The date of March 1st is the same date as the 24 Harmonic. We went down.