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Welcome from Humble1
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Nothing said or done here by me or anyone should be construed as trading or investment advice! I am not certified or qualified as an analyst or a financial adviser. I am a private trader who tries to make money swing trading the daily SPX bars and selected equities, with help from friends.
H1&STF is for discussions about Time and Price for use in swing trading the SPX and selected equities. I consider gold and silver coins a valuable long term holding to be accumulated during sharp sell offs. All charts and discussions concerning gold and silver are welcomed.
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H1 Motto: In Utraque Fortuna Paratus
“Millionaires don't use Astrology, billionaires do.” - J.P. Morgan
"As above ...
"... so below."
The cosmic emphasis upon Jupiter and Neptune last week was a preview of what to expect for most of 2019, when Jupiter will make its waning square to Neptune three times, starting in mid-January.
This is one of the classical bankruptcy signatures in Financial Astrology, a time when people, as well as counties and companies, are prone to become too careless with monies, spending far more than they can afford. It is a time of over-optimistic hopes and dreams, most of which are not realistic. It is a combination of comedy and tragedy, because on the one hand, Saturn and Pluto in Capricorn, with the eclipse coming up in Capricorn in early January, portends the resolution to be disciplined and careful in finances. But then, on the other hand, Jupiter square Neptune looks at that shiny new car, that sparkling new piece of jewelry, and suddenly out goes that promised practicality and commitment to build one’s bank account. Out the window it goes for the fulfillment of an urge for immediate gratification. And then the bill comes due and you ask: “What was I thinking?” That’s the problem. You weren’t thinking. You were wishing upon a star, convincing yourself that you deserved this. Instead, you deserved a credit downgrade. I speak as if it is personal, but this is not just an individual problem. It is a problem with many governments that we are likely to see explode next year with Jupiter square Neptune. And that’s just the setup for the Capricorn Stellium that follows in 2020. If Jupiter in Sagittarius was overconfident and positive in 2018-2019, then Jupiter, Saturn, and Pluto converging in Capricorn right afterwards can be downright worried and pessimistic, unless it has planned well for this period. After all, in recessions and downturns, great bargains are possible for those who have cash.
The major challenge for Financial Astrologers is to determine whether the 2019 Jupiter/Neptune waning square will be the start of a real financial panic, or if this downturn will suddenly reverse and witness a huge rally and a “bubble” in stock prices. With Jupiter and Neptune, it can either be “irrational exuberance,” to borrow a phrase from former Fed Chair Alan Greenspan, or hysteria and panic where people lose all sense of control and faith in their leaders. Right now, it looks more like the latter is happening. But I would not give up on Jupiter in Sagittarius just yet. After all, historically, it is one of the strongest planet-sign combinations correlating to strong rallies in global equities before it is over. Of course, you can have a steep selloff first, after which rallies can look very impressive. But generally speaking, the stock market makes longer-term cycle highs with Jupiter in Sagittarius (November 8, 2018-December 2, 2019), and then the air escapes out of the bubble as Jupiter advances into Capricorn-Aquarius (2020-2021). What went up must come down. - from Ray Merriman's free 12/10/18.
More from RM:
All of this precedes the first of three passages of the Jupiter/Neptune square on January 13, the dominant major aspect involving the outer planets in force in 2019. As described in greater detail in the Forecast 2019 Book, this aspect is the “setup” for the powerful “Capricorn Stellium” that will unfold December 2019 through December 2020. It pertains to irrational exuberance, complacency, and/or hysteria and panic. I would say we are collectively experiencing a combination back and forth between complacency and hysteria right now as we head into the first encounter, and the markets are reflecting this.
There are other geocosmic factors approaching that will be of interest to Financial Astrologers. For instance, on Sunday, January 20, Venus will form a square to Neptune. Two days later, on January 22, it will conjoin Jupiter. This is known as a “translation” to the Jupiter/Neptune square. Sometimes it takes a “translation” to the longer-term planetary aspect to coincide with its reversal. More important to Mundane Astrologers is the fact that a few weeks later, Venus will then conjoin both Saturn and Pluto. This “transition” of Venus from the Jupiter/Neptune square to the Saturn/Pluto conjunction is a preview of the “setup” we described in Forecast 2019. The “setup” of 2019 pertains to Jupiter square Neptune (January-September 2019), followed by the “Edge of the Cliff” symbolized by Saturn square Pluto and the entire “Capricorn Stellium of December 2019 through 2020, and even into 2022. In other words, we may get a preview of that “setup” and “cliff” might look like.
Each translation of Jupiter/Neptune by a faster moving planet, followed by that same planet’s translation of Saturn and Pluto soon afterwards, is likely to exhibit this pattern: first optimism based on hopes and wishes, then worry based on “How can we afford this with such debt?” This back and forth pattern progresses to less and less optimism and more and more concern the closer we get to 2020. The danger for traders and investors is that they become complacent, because every downturn in the market is still followed by healthy rallies, until Jupiter and Neptune finally separate after September. The danger for governments, institutions, companies and individuals is that if not careful, they may be headed for a credit crisis, such as bankruptcy (classical Jupiter/Neptune occurrences), where they spend far beyond what they can afford, falsely believing that everything is OK and will work out.
However, if an agreement cannot be reached by then, the symbolism of the cosmic turns considerably more challenging. Some might read it as more “nasty,” and the consequences of another squandered opportunity may this time lead to an even greater crisis in the stock market, an even greater crisis in faith in one’s leadership, or style of leadership. This time band of great challenge can begin anytime after June 2 (perhaps as early as June 4-8), and last through July. It may be most notable June 9-24, which is when the second passage of the Jupiter/Neptune waning square takes place (June 16), and includes the Sun making a T-square to it (June 9-10), Neptune turning retrograde (June 21) and Venus making a T-square to the Jupiter/Neptune square (June 23-24). As if that is not enough, Mars will make an opposition to both Saturn and Pluto, June 14-19.
1) Lunar eclipses or full moons one cycle away from a lunar eclipse were always coincident to the beginning of the famous market crashes.
2) The full moon coincident to the beginning of the crash has always been within six weeks of a solar eclipse.
3) The “panic phases” of all 12 crashes Puetz studied were entirely encompassed within one of the following periods:
a) February 4-April 5
b) September 3- October 29
A Cup of Tea
Nan-in, a Japanese master during the Meiji era (1868-1912), received a university professor who came to inquire about Zen. Nan-in served tea. He poured his visitor's cup full, and then kept on pouring. The professor watched the overflow until he no longer could restrain himself. "It is overfull. No more will go in!" "Like this cup," Nan-in said, "you are full of your own opinions and speculations. How can I show you Zen unless you first empty your cup?"
te esse hominem memento; mortalem te esse. memento mori. respice post te. nam mors indecepta!
The double top confirmation line is drawn across the low between the two tops. If the confirmation line is violated, the double top pattern will 'execute' and imply another leg down of equal or greater magnitude. Equal value would target SPX 1738, the 2/5/14 key low.
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