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This week will find the Sun in Libra conjunct Jupiter

REVIEW AND SHORT-TERM GEOCOSMICS

It was no surprise to readers of this column  that the Federal Reserve Board did not raise its short-term interest rates during its meeting and announcement of September 21. For the past six months, we have stated that the Fed would not raise rates prior to the election based on geocosmic factors (and practical ones), with the idea of supporting a “wealth effect” for U.S. citizens via a rising stock and bond market.

On the lack of new news about any new rate hikes – which quickly became a big news in any event – stocks started right back up again on Wednesday and Thursday (September 21 and 22). On Friday, September 23, equities gave back some of those gains. However, the sharp rally of last week confirms our three-star geocosmic critical reversal date of September 15 as an exact hit. Most of the world stock indices completed a major or half-primary cycle low on September 15-16. The reversal happened with lows in precious metals, currencies, and crude oil as well.

This week will find the Sun in Libra conjunct Jupiter, which also recently moved into Libra. The conjoining of these two benefics will take place on Monday, the same day that Pluto ends it retrograde motion. The next day, September 27, Mars will begin its six-week journey through Capricorn, a cardinal sign. With this ingress of Mars into a cardinal sign, conjunct the Federal Reserve Board’s Sun/Pluto opposition and one day after Pluto turns direct, the emphasis will be upon USA debt and taxes. This is interesting because it will coincide with the first debate between Hillary Clinton and Donald Trump. Thus we know what the two of the biggest themes will be. With Pluto involved, it will also focus upon race relations. Expect some exaggerations of facts (Sun/Jupiter), attempts to be nice to one another (Sun/Jupiter in Libra), but below-the-belt insinuations too. Pluto rules the underground, and hence can be underhanded.

As far as markets are concerned, there can be reversals of minor cycles. In addition to the geocosmic signatures just mentioned, we also need to keep alert of the new moon in Libra that occurs next Saturday, October 1. This will be an especially important new moon. If markets rise into that period, they could reverse sharply into the full moon that follows two weeks later.

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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