September 21/22 is the day that capital and commodity markets tend to top more than any other day of the year famously noted by legendary trader W.D. Gann.
This year we have a Solar Eclipse on September 21st.
The other Solar Eclipse was on March 29th.
The market struck a low 1 week later.
So this year we have both a Solar Eclipse and the Autumnal Equinox dove-tailing.
I wonder how dovish Powell will be next week?
Around that date of the Autumnal Equinox, the 1978 and 1979 crashes occurred.
The roll-over that started the 1987 crash and the ’97 Asian Contagion and the collapse of Long Term Capital Management in 1998 are Autumnal Equinox pivots.
Great Britain’s Depression-era suspension of the pound’s link to gold and devaluation too place on Sept 21, 1931.
The Dow Jones Utility index peaked on Sept 21, 1929, the last index to peak prior to the Great Crash.
A panic occurred on Sept 21, 1873, forcing the closing of the NYSE.
There was a panic called Black Friday on September 24th, 1869 which revolved around a gold scandal.
60 years later there was panic in the fall.
Isn’t it interesting how September remains a pivotal month for gold especially when it is spiking to new highs.
On September 22, 2001 stocks panicked into a low following the 9/11 attacks.
Lehman went bankrupt on Sept 15th, 2008 culminating in waterfall declines in October and November that year.
Remember that I’ve been focusing on November.
One factor being November 7th aligns with/points to the year 2025 on the Sq of 9 Wheel.
The 2008 crash was 17 years ago. On the Sq of 9 Wheel 17 aligns with Nov 7 and the year 2025.
The intraday high on the SPX in 2018 before the Christmas Crash that year was September 21st.
Over the next 3 months the marked declined 20% with many stocks falling far more than that.
Gold peaked on January 21st 1980, but gold and silver stocks made their all time highs in that cycle on September 22, 1980.
Gold also struck a bull market top in September 2011.
There are many ways to ascertain certain cyclic phenomena in financial markets.
The above cycle dates indicate the approximate TIME when market anomalies should present themselves.
One reason the Autumnal Equinox sees so many big turns may be that it is 180 degrees straight across and opposite the Spring Equinox, which Gann stated was the natural beginning of the year…his “Zero Point”.
As Gann wrote, “If you can find the zero point you can measure anything.”
The extent and duration of these September “hits” depends on contemporaneous technical market conditions such as patterns and sentiment.
Currently both pattern and sentiment are vertical.
Once you’ve established that all market turning points are cyclical and that cycles are psychologically based rather than fundamentally based, the idea of cycles exerting their influence is easier to grasp.
What causes changes in mass psychology is another question; however the electromagnetic and gravitational forces on the planet are much greater during eclipses.
You have the sun and the moon in the same direction pulling at the tides, pulling at the Earth.
In sum eclipses also cause an emotional change/charge. It MAY cause a shift in sentiment AROUND that the time of the eclipse.
The moon itself does not affect markets at all times. Every eclipse doesn’t affect markets. It’s only when there is a combination of phenomena.
It’s when there is an overconfidence or euphoria or depressed sentiment—that’s when the market typically reacts to the natural forces of eclipses.
The Roadmap.
The Roadmap was dialed in on Thursday.
It was looking for a rally into 11:30 ish and then a flat line for the rest of the day.
Today’s Roadmap is not as smooth at all.
From an opening high at 9:45 it pulls back into 10:00 then rallies for a double top at 10:15 where a downtrend develops into 11:30.
From there a jagged rally is projected into 3:00 followed by a pullback into 3:45 then a rally on the run-off.
Interestingly there is one possible Inversion Pivot at 2:45 just prior to the pop into 3:00.
That may produce a last hour sell off for OpEx if it exerts its influence.