Crude Oil – astro connections
Crude Oil is the focus of consumers these days as gasoline prices start to painfully bite. In my annual Astrology Almanacs I present the astrology of various commodity futures. Crude Oil is a curious case study. In the Mar 30, 1983 horoscope (that’s the day Crude futures started trading in New York), there is a very obvious rectangle formation that appears if you join the locations of Moon, Node, Neptune and Mars.
My back-testing has shown time and again that IF the powers-that-be want a trend change, it will come either in relation to the points of the rectangle or to declination features.
On the above chart I have super-imposed some green boxes. That on the left shows in April 2021 Crude prices broke out of a consolidation pattern as Sun was passing one of the 1983 rectangle points. In June, Sun passing 0 degrees to the 1983 Node location gave no trend change because those in control were waiting for another astro event which came about 9 days later as Saturn passed the mid-way point of one of the sides of the 1983 rectangle. Price then trended down until August 20. What happened at that date? Mars was passing mid-way to the other side of the 1983 rectangle. We are now seeing evidence that Oil might be wanting to make a top as Mars and Sun both are passing the 1983 rectangle point defined by Mars. If the power-players want this to be a top, it will be so. The Wilder Volatility Stop is signaling a trend reversal on the daily chart. Gasoline, Diesel and Crude oil inventory levels are all closing in on their 5 year averages. Refinery utilization is at 86% and gaining as switch-overs to making heating oil are completed. These fundamental factors are further pointing to a trend reversal. Astrology can often help one re-frame the fundamentals and see a commodity through a different lens. Crude is a classic case….
