It was a moon-rise eclipse in the U.K. We expect to see the results in the FTSE next week.
It wasn’t visible in North America. But it still made its influence felt.
It definitely marked a time of tension.
And true to form, the lunar eclipse also brought its share of lunacy.
Take U.S. President Donald Trump for example. During a Rose Garden appearance at the White House yesterday, he was gleeful about an 13.3% unemployment rate, which rivals job-loss levels during the Great Depression.
He also invoked George Floyd, the black man who was murdered by a Minneapolis policeman on May 25.
“Hopefully George is looking down and saying this is a great thing that’s happening for our country,” Trump mused. “It’s a great day for him. It’s a great day for everybody.”
Even though it’s not quite clear what the president meant by that, he was clearly happy about the 13.3% unemployment rate.
That rate, by the way, turned out to be erroneous, thanks to a “misclassification error” from the Bureau of Labor Statistics. It really should have been reported as 16.3%.
Funny Numbers At The Lunar Eclipse
Even so, the lower-than-expected figure was enough to drive the stock market wild.
The Dow Jones Industrial Average was up by 829 points by the end of the trading day, after soaring by more than 1000 points during the course of the trading session.
But the lunar eclipse, which was exact less than an hour before Wall Street’s closing bell for the week, could mark yesterday’s market surge as a trading top.
I explained why that’s the case when I talked with Larry Pesavento yesterday morning.
I was his featured guest on his Trade What You See program on Tiger Financial News Network.
We got started with our conversation just a few minutes after the opening bell. But the market was already going wild.
So it was the perfect opportunity to discuss the potential impact of yesterday’s lunar eclipse.
Here’s the video of our complete conversation:
Profitable Trading With Eclipses
By the way, as I mentioned to Larry during our lunar eclipse conversation, my new astro-trading book is almost ready for publication. Profitable Trading With Eclipses is set for publication on June 15.
We’re seeing it in the continuing challenges of the COVID-19 pandemic.
We’re seeing it in the major economic downturn that’s underway.
And I’ve been using Saturn resonance to come up with a forecast for the S&P 500.
That’s what I was sharing with Larry Pesavento on Friday.
We got together for an extended chat during his Trade What You See program on TFNN.
As usual, there were questions from listeners.
We talked about the impact of the coronavirus on our lives.
But the main focus was my forecast for the S&P.
That’s where Saturn resonance came in.
I started out by observing the price action in the market on the date of the recent Saturn/Pluto conjunction.
That was on January 12.
I then noted the price alignment with the trading low in effect on January 12 and the high for the day when the market gapped lower on February 24.
Saturn Resonance: “You Can’t Make This Stuff Up”
Larry was quite impressed when he saw that correspondence on my trading chart.
“You can’t make this stuff up,” he said.
Then, when I went on to share my more recent charting work on the S&P, he really got excited.
Apparently there are not many market pundits who are willing to make precise predictions.
That seems to be the case whether or not you’re talking to an astrologer.
But, by using Saturn resonance with my charting, I was able to do just that.
As it turns out, the ninth harmonic is the most powerful resonant dynamic in play right now.
That’s true for both Saturn and for Pluto as well.
You can get the full story – and the specifics of the general forecast and the targeted prediction – when you watch this video of our full conversation on Friday during his show.
As Larry says, “You can’t make this stuff up.”
That’s why the astro-trading advantage is so powerful.
By the way, the free webinar that I mentioned is something that I’m currently offering every Tuesday as a live presentation. Be sure to join us if you want to make your trading easier and more profitable.
We also have a recording of one of our lives sessions posted online for instant viewing.
To qualify, a sell-off in the market has to bring a move to the downside of at least 10 percent, measuring from its most recent peak.
Under the current circumstances, that “most recent peak” was the all-time record high for the S&P 500, at 3337.77, which was set intraday on Wednesday, January 22.
That means that a real market correction now would be a drop of 333.78, for an ultimate price target of 3003.99.
Is A Correction On The Way?
A drop of 333.78 points is a pretty big move, whether or not a Zeus retrograde station is involved.
But even so, it’s entirely possible.
In fact, during the trading action on Friday the S&P 500 gave up 44 points during the course of the trading day, and then closed at 3295.47, off more than 30 points for the session.
That big plunge took place just after I had joined Larry Pesavento for conversation about the potential for a correction in equities.
We got together on his Trade What You See program on TFNN.
During our chat we discussed this astro-cycle chart that I had featured on page 1 of a recent Financial Cycles Weekly newsletter.
It highlights the potential power of transneptunian stations in setting up a potential correction between now and the middle of February, with a likely rebound after that.
And as is usually the case, Larry seemed particularly intrigued by the influence of the transneptunians. He shared a great story about encountering them with Bill Meridian and Alphee Lavoie in Singapore.
Our conversation was brief; you can hear it all in this video from Larry’s show:
Not to mention the Mercury retrograde return on Pearl Harbor Day.
These are all key events likely to impact the markets in the coming weeks.
Here’s the full video recording of our conversation:
As I noted above, Bayer’s work is well worth studying if you want to master astro-trading.
He understood that forecasts can be made quite successfully by using repeating cycles of what happened previously.
That’s one of the keys to astro-trading.
Here are a couple of Bayer’s comments about astrology and the markets:
“An egg is our number 0, the beginning of all things. Just check an astronomical ephemeris and see how often important movements begin in all sorts of stocks or commodities when a planet reaches the ‘egg’ in declination or latitude, or even in longitude!”
“At the time a planet is within [the halo of the Sun] I have found that such a planet is useless and has little or no effect; but on either side of the halo, it again has its effect upon human beings as well as on stocks or commodities that it is present. The halo of the Sun is measured in degrees on each side of the sun (about 10 degrees).”
By the way, Larry Pesavento also mentions Bayer’s contributions in some of his books on trading techniques. Larry, like George Bayer, is an inspiration himself!
That’s what Larry Pesavento said yesterday after our interview.
We had gotten together for a conversation on his TFNN program, Trade What You See.
Our main focus was bitcoin.
We examined the crytocurrency from three astro-trading perspectives.
First I reviewed the planetary price line structures currently defining the bitcoin trading action.
After that I shared by updated astro-cycle projections for bitcoin. Our latest work focused more closely on the impact of shorter-term cycles. That’s because we have a short trading history to work with.
Finally, after the commercial break, Larry and I discussed the impact of Mercury retrograde stations on the price of bitcoin.
This is a particularly powerful astro-trading trigger. It not only sounds cool to connect bitcoin rallies with Mercury stations. It’s also verified by our back-testing!
Along the way, there were some great questions from listeners to the show. It’s really wonderful to have such an interactive audience!
In response to those questions, we also chatted about current stock market conditions.
But the biggest item of curiosity was the role of transneptunian factors in astro-trading.
It Certainly Sounds Cool
We had a chance to discuss some of the background of the transneptunians and their amazing role in astrology. The move from the pre-World War II Hamburger Schule to the post-war presentation of the knowledge as Uranian Astrology is interesting.
And Larry commented that Bill Meridian had rectified his time of birth. Bill used the transneptunian planets to fine-tune his calculations in coming up with a precise birth time for Larry.
All that discussion added up to Larry’s observation that while the transneptunian factors may be challenging to understand, “it certainly sounds cool.”
This video replay features the complete interview from October 25.
Astro-Trading & Financial Astrology Insights from Tim Bost