The upcoming eclipse cycle
#177 An update on TSLA and the US Indices: DJIA, S&P500, Nasdaq Composite
Introduction
The upcoming lunar and solar eclipses on March 25th and April 8th in 2024 are significant astronomical events. These natural phenomena have been known to impact people's emotions and behavior, which in turn can affect the stock market. I am closely monitoring these eclipses and their potential impact on the financial markets, as stocks and indices have often shown a turnaround around these dates.
A lunar eclipse occurs when the Earth comes between the Sun and the Moon, causing the Earth's shadow to fall on the Moon. This results in the Moon appearing reddish or coppery in color, which is why it is often called a "blood moon.” This phenomenon only takes place during a total or partial eclipse. The current event is a penumbral lunar eclipse, which means that the moon is passing only through the outer shadow of the earth, known as the penumbra. The shadow cast on the moon is barely noticeable.1
A solar eclipse is when the Moon blocks the Sun's light from reaching the Earth, resulting in a dark disk surrounded by a bright ring. It is important to never look directly at a solar eclipse without proper eye protection.
Eclipses occur within a cycle that is called a Saros. Every Saros cycle lasts for 223 synodic months, which is equivalent to approximately 6585.321 days or 18 years and 10 to 12 days, depending on the number of leap years.
The upcoming solar cycle belongs to the same series that occurred on March 29, 2006. It might be worth looking back this time period on what happened in the financial markets.
In his book “Tunnel Thru The Air”, W.D. Gann explained the importance of the time factors associated with eclipses.
In the above example (click on the picture to read the text) from W.D. Gann on a fictitious company called “Major Motors," you can see that in the actual world around that time, the DJIA changed course on the Solar eclipse of June 29th, 1927, and again on September 16th, 1927, at the midpoint of the two solar eclipses (yellow).
He also mentioned the age of the company, 19 years, which refers to the 19-year eclipse cycle, which is another time factor associated with eclipses. In his book, this refers to the 19-year eclipse cycle, when a new Moon takes place at the same position in the Zodiac.
So, in 2024, we are looking back at what happened in the financial markets 19 eclipse years ago, on the exact same date in April.
There is also another cycle associated with the eclipse cycle. After three saros eclipse intervals, the local time of the eclipse is likely to be almost the same. This period of 19,755.96 days is known as a triple saros or exeligmos cycle, which means "turn of the wheel" in Greek. Looking back three cycles, this brings us to 1970.
In today's post, I will show the premium subscribers what happened in the years 1970, 2005, and 2006.
The solar return on June 29th, 1927, on which W.D. Gann wrote about a fictitious company called “Major Motors," reminded me of the current Company TSLA, whose IPO is on June 29th, 2010, right in between the Lunar and Solar returns of 2010. Look at the chart below and see what happens around these dates and the midpoints (dashed lines/Sun square Mean Node).
Certainly, you can recognize these dates as a hotspot in which a lot is happening. However, this does not guarantee a market turn; at times, there is a lot of volatility within a trend, and the trend may continue afterward. It is always smart to watch other (technical) indicators or fundamentals to confirm a possible change in trend. I will show the premium subscribers in today’s post some additional Gann indicators that may coincide with a potential turn.