BluStar Market Insights Presents:
B Wave Top on Jan 6? C Down Wave Next?
Crude OIL: Biden's Waterloo?
"Special Weekend Report"
January 8, 2023
(This Will Be Our Last Public Report Until February 1, 2023)
I have noticed that most analysts on the McVerry Report and traders at Fearless Forecasters are bullish at the moment. In the past, whenever I have seen the kind of set up that is happening right now, the stock market fools the majority of people and a blindsiding event occurs that causes the market to fall hard. As I have been repeating, we needed to see a blow-off top to shake the shorts out and we got that on Friday.
In the 2 graphs below, I show the daily WTI Crude Oil Prices and the S&P 500. It appears to me that a sudden Crude Oil Spike will be the blame for the next leg down. Biden has drained 1/3 of the US Strategic Oil Reserves and has failed on his promise to refill those reserves.
Geo-Politically speaking, Russia (and possibly Belarus) is ready to attack the Ukraine full force. Putin will likely win this war by strategically hitting Biden where he is most vulnerable, politically speaking, and that is by causing oil prices to spike at a time when our reserves are low (the Republican House is talking about impeaching Biden, too).
The first three months of this year are seeing nasty astro line ups, first with Uranus (rebellion, chaos) aspected with Venus (1/14) and the Sun (2/3), and a Station on the 22nd when Venus conj. Saturn around the new moon. We already saw the Sun trine Uranus on the 5th as a shot across the bow. Mercury Rx in Capricorn is not friendly after its mid point Jan 8, too, and turns Sta/Dir on the 18th.
Mars (war) turns Stationary/Direct on the 12th and is square Neptune (oil and water, Putin did say "Watch the water") into mid March. Putin has already launched a "hypersonic missile" just 100 miles off DC and nothing we have can stop them (a shot across the bow?.)On the 9th, just after the Mercury Rx mid point, Venus squares Mars, another real immediate negative!
I believe this is just the beginning of Biden's Waterloo because things look to get real hectic as we get closer to March, when I believe we could see a market melt down akin to the COVID meltdown, which we predicted way in advance (Sept 2019).
March 2023 is the 34 Year Anniversary of the power grid shut off in the northeast due to a huge solar flare. The solar flare cycle runs 11.2, 16.8 & 33.6 years on average. Are we due another in March 2023? Will it knock out our GPS? Could it cause planes and the stock market to crash too? The answer is yes it can.
Everything works in cycles: cause and effect, like ripples on a pond. Astrology projects the capacity, not the certainty of events. Human nature is mostly predictable. What has been, will be again unless something changes. We use Elliott Wave Patterns, Historical Astrology, Gann Cycles, Fibonacci, Pi Cycles, as well as technical indicators to try to figure out what occurs next and why. It is much like forensic science mixing with the intuitive. We have at our disposal "artificial intelligence that can read these ripples" which we meld together with all the above to come to our conclusions.
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We expect a lot of volatility this year, both up and down, huge swings (not for the faint of heart). 2023 will not disappoint traders, but you need to be on the right side of the trade. Watch Monday the 9th!
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BluStar Market Insights