The lunar eclipse in Scorpio compelled me to take a look at Ray Merriman's sight and see what he is looking at for the upcoming months in the financial markets.
Longer-Term Thoughts
Over the past
year this column has frequently referred to Jupiter transiting 14-24 degrees of
Gemini as a possible correlate to a stock market high, especially as it is
occurring under a Uranus-Pluto square aspect. In the past 100 years, this has
happened twice, and in both cases (1929 and 1966) the stock market made a new
all-time high followed by a severe plunge for the next 1-3 years. Jupiter is
now there again, April 12-June 4. With only two cases to go by, we may need to
expand that zodiac band by10 degrees either way if in fact there is to be a
correlation here. Ten more degrees would take us into July 19, 2013. Either
way, we are in the period now for this signature to take effect.
What we haven’t discussed, however,
is how Jupiter in mutable signs (Gemini, Virgo, Sagittarius, and Pisces) has
often coincided with a longer-term cycle trough in Silver. This is just one
more reason why I think both Silver and Gold have another big rally coming up
soon.
There is one
more long-term planetary cycle I would like to review this week. It is the
Saturn-Neptune waning trine. It takes place three times between October 10,
2012 and July 19, 2013. The second passage is coming up June 11. In other
words, this aspect will be stationary and its strongest position June 11
through July 19, but its correlation with a long-term cycle in U.S. stocks can
probably occur as much as 6 weeks outside of this time band either way. As
written in the Forecast 2013 Book and also Volume 2 of the Stock Market Timing
series, “This is one of the most impressive of the Saturn-Neptune series…. six
of these seven cycles were greater than 4-year types… Investors can therefore
look for a long-term cycle to culminate during the time of this aspect and for
prices to reverse sharply for at least 1-2 years afterwards.” We will cover
this - and many other long-term planetary cycles – in Course #2 of the Merriman
Market Timing Academy that takes place June 15-17. It will be available by
webinar or personal attendance to those who want to experience it live.
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