We’re just about ready to release the massive new e-book on Global Game Change: Power and Profits at the Equinox Eclipse.
But as we focus on the potentially devastating solar eclipse stock market effects that can accompany the big Equinox Eclipse that’s coming up on Friday, March 20, we shouldn’t overlook the solar eclipse stock market impact of the last big solar eclipse as well.
That eclipse happened last October, but the solar eclipse stock market influence is still being felt, especially when we get planetary alignments that trigger sensitive points in the horoscope for that eclipse.
As this chart for the S&P 500 Index shows, the price range on the date of that eclipse has created a support zone for the index since then, bounded by a high of 1961 and a low of 1931.
The Uranus/Pluto waxing square in December helped drive the markets lower, but the index didn’t penetrate the support zone generated by the solar eclipse stock market dynamics from October.
Lasting Solar Eclipse Stock Market Effects
Since that time prices have remained above that solar eclipse stock market support level, but the next Uranus/Pluto waxing square on March 16 may drive the S&P lower for yet another test of support.
If that support continues to hold firm past the Equinox Eclipse coming up on Friday, we can expect more bullish action ahead, but a break below that eclipse-defined trading range at any time during the next few months would be extremely bearish.
If that happens, we will reassess our bullish assumptions and recalculate our price targets.