Financial Astrology: BTC, DXY, SPY - first attack of troubles
Financial Astrology has nothing to do with how you can get that Libra you think is so hawt to fall in love with you. It has nothing to do with horoscopes or chicken bones or Madame Cleo.
Financial Astrology is a study of the longitudinal location of planets in the sky, identifying those angles and recording market behavior and human behavior.
Or, as the great Larry Pesavento put it: Financial Astrology is: "A correlation to the positions of a planet in its orbit to the behavior of the financial markets.'
Important Future Retrograde Cycle
Venus goes retrograde from October 5th to November 16th. Markets, especially equity markets, have a strong probability of being volatile and dangerous during this cycle.
Bitcoin actually has a high probability of moving higher.
Near Term Danger Zone
There is a collection of really, really crappy and negative things coming up - it's really a collection of suck into a two day period. Anytime you get a whole bunch of astrological phenomena jam-packed into a tight date range, yucky things happen (or awesome things happen). In this case, depending on the market(s) you trade - it's really really horrible.
- There is a Full Moon on September 24th.
- Mercury is in Libra from September 21st - the 24th.
- The Moon and Chiron form a Conjunct aspect on September 24th. This aspect blows. At least it doesn't show up that often, but when it does, it's often a pretty yucky market. Fear, rejection, and abandonment are the qualities in the market when this beast shows up.
- Vesta exits Capricorn on the 24th.
- September 20th is an early warning sign in this Square - it' a pivot in time, but price and time are BOTH creating a perfect square of time and price.
- The Fall Equinox starts on September 23rd - this is also where Gann's Square of 9 completes a full 360-degree rotation and we start over again at 0-degrees.
Long story short: But ugly yucky markets until we see some reprieve in December - or at least pause. But real poo doesn't hit the fan until 2020-2021. That's when we get to see total global capitulation. Hooray for panic phases.