SP500 Awaiting the US Election

SP500

For the SP500, cycle-wise June 27 was the last Primary cycle trough. ¹ that puts us entering the 17th week. I was looking for a possible 50 week low to coincide with that June 27th Primary trough. The sharp move up after the June 27th Primary low seems to confirm this was the 50 week trough as well.

The next estimated Primary cycle ( aka nominal 18 week cycle)  low was estimated to be  October 24 +- 3 weeks with a range of October 3rd to November 14th. As we get closer I use the upcoming Astros to try and get a more exact reading on when the Primary cycle trough will occur. As I mentioned some weeks ago on a previous post the cycles, as they get closer to the US Election, cycles that are due may expand into the Election date. The Election date is November 8th. We will need a range around that date and look for Astrological transits or events that have a history of moves near Primary cycle troughs. These will be included in the November Subscribers report. On October 22 the Sun enters Scorpio and will be there until November 21. The market, with the Sun in Scorpio, is often volatile with a history of big moves in both directions during this period. For US stock indices the period when the Sun is in Scorpio and the Moon is in Aquarius can coincide with a change in trend. This year that would be November 6th, 7th, 8th.

I've mentioned Election day, November 8th +- as a possible low but this could mark a high and the start of a more severe slide. We could also see a bounce into the election period then down. It will be very important in assessing the trend as we approach the November 8th period. I'm watching price action as we get closer. Currently I'm looking for a low near November 8th but it could be choppy on the way.

For those who have been reading this blog for awhile I've been looking for some large deceit or lies being exposed. This maybe what is coming out of Wiki leaks and Assange but it hasn't made it to the Main Stream Media. There have been many little lies exposed. The internet outage on October 21 is certainly an indication of how secure the internet is and how vulnerable to attack. As someone said "Build a FireWall before a wall."

One area of note. Saturn will be at 14 degrees, 41 minutes in Sagittarius on November 3rd. This is conjunct the Fixed Star Sarin. Fixed Stars are treated as if they stand still. They do move but very slowly. Saturn moves slowly as well. It takes approx. 29 years for one trip around the Sun. The last time Saturn was in this position was September 5, 1987. A few days before the market crash of '87. This is far from definite but look for a possible severe move down around November 3rd - 8th or shortly thereafter. We'll know better as we get closer in time.

In mundane astrology the star names can also be significant. On March 20, 1995 there was a sarin attack on the Tokyo subway, killing at least a dozen people, severely injuring fifty and causing temporary vision problems for nearly a thousand others. Transiting Jupiter was conjunct this fixed star Sarin. Note I am not forecasting the same event.

Mars entered Capricorn on Sept 27th where it is exalted. One more piece of a move from mutable signs to Cardinal signs. Here Mars, male energy, is the initiator of action in the worldly environment and is kept in check by Saturn the ruler of Capricorn. Mars leaves Capricorn and enters Aquarius on November 9th, the day after the US Election. This coming week we will have Mars square Uranus on October 29th. The markets should see increased volatility.

We saw a number of earthquakes over 6.0 last week as expected. With a number of  Neptune transits in November we may see more.

Following is a daily chart of the SP500. The blue line is the heliocentric Bradley indicator. It's purpose is to find a change in trend. This is not straight forward to read and the details with video are in section 9 of the subscribers report.

Note the next V shaped bottom of that indicator is right on October 24th, 2016. It has no polarity by itself. This suggests there will be a move but not the direction of the move.

Following is a chart of the planetary average longitude. The horizontal blue lines are based on the average longitude of the planets Jupiter, Saturn, Uranus, Neptune and Pluto which are converted to price. The levels this calculates typically are excellent points to place sell or buy stops. I often use them with Fibonacci retracement levels as well. Price went up Oct 14 and just touched the 2151 line (blue) and fell back intra day to close at the low of the day. The index has gone sideways since.

Other transits over the next couple of weeks point to a volatile period in the markets.

Another chart is the daily SP500 with the Sun and Pluto price lines. Green is the Sun and black is Pluto. Notice, the SP500 was stopped at the Pluto price line (black line) on October 13th, edged up over the Sun price line and on Friday touched the Pluto price line and moved up close to the Sun price line. I'd like to see price move through the Pluto price line (currently at 2129) with good volume.

Harmonics

I continue to watch the 24th harmonic cycle (360 / 24) cycle between the Sun and Saturn, which are the brown squares on the following daily chart. The next hits are Nov 4th then Nov. 23rd.  They are often at short changes in trend as seen on the August 1 date which was followed by two strong moves down.

Rumors from the FED that Yellen wants a "high-pressure economy" meaning increased inflation with no rate cuts. There were also rumors of the FED buying stock directly. They should review Japan again.

“The future influences the present just as much as the past.”
-- Friedrich Nietzsche