Wednesday, July 18, 2012

Mars Opposed Uranus

The nearby harmonic levels for this evenings Mars-Uranus opposition are 1358 & 1388. It will be interesting to see if this pulls the market into a harmonic price. The 1388 level also coincides with a 78.6% retracement of the April June decline.

It is also interesting to note that the square of nine price from the October 4th low is 1384 (i.e. the corresponding price on the Gann Square of Nine for October 4th is 1384), while the square for July 19 is 1378 (270* from July19th). 180* from the April 2nd high on the square of nine is 1385.

1378-1388 is an extremely important level to monitor!!!!!!!!!!!

Gann Square of Nine at work.

If you have a Square of Nine look at the value for 8 and/or 188 degrees--the longitude of the Mars-Uranus opposition . That number is approximately 1312-1313.  180* from that is 1386-1387.

Add to this a New Moon @ 26* Cancer (116*) there could be an important pivot tomorrow. The behavior of the market if it reaches the mid 1380s will be interesting to watch.

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