After a new high for the retrace rally on the dow and being within knocking distance of another high on the SPX, the 5 and 8 day cycles rolled over Friday afternoon as Moon squared Venus.
Tuesday February 21
Exact:
Moon oppose Mars at 12:40 am. Impusiveness and impatience, possibly to the point of brief panic. Can be in either direction. lasts 1/2 day and will likely play out in the overnight futures. This triggers Sun square Mars.
Moon square Uranus at 4:30 pm. Moon-Uranus aspects often manifest as volatility within a range. The square can have a cranky/bearish effect for 1/2 day. Look for a weak close.
In orb:
Sun square Mars. Often manifests as fits and starts within a trend. Can also be a reversal signature, but can be prone to false starts due to imaptience. This came into orb late last week and we saw the DOW move to new highs for the retrace rally from the 2002/2004 lows. The SPX is within knocking distance of new highs as well and several sectors look poised for break-outs. We need to look at the other aspects following this aspect to determine if this move is real. So far, they do look supportive of continuation after a quick pullback.
Mercury sextile Venus. Positive news related to valuations and earnings.
Mercury trine Jupiter. Good news. Often a rally continuation signature.
Jupiter square Neptune. Too much optimism. Often followed by disappointment. Liqudity is an issue as is inflation. These do not need to manifest immediately. Rather the seeds can be sown for something that will be realized later.
Wednesday February 22
Exact:
Moon square Mercury at 1:15 pm. News.
Moon conjunct Pluto at 9 pm. Manipulative. Often a head-fake or reversal to force traders out of position before the trend resumes. Should take effect late in the session. Perhaps we see the 5-8 day cycle lows early due to the 3 day weekend effect.
In orb:
Sun square Mars.
Mercury sextile Venus.
Jupiter square Neptune.
Thursday February 23
Exact:
Mercury sextile Venus at 5:14 pm. Positive news related to valuations and earnings.
In orb:
Sun square Mars.
Jupiter square Neptune.
Friday February 24
Exact:
Moon conjunct Venus at 7:20 pm. Love of money/profit taking. Bearish for 1/2 day. We should see weakness in the last hour or two of trading.
In orb:
Mercury sextile Venus.
Jupiter square Neptune.

Glad I held my puts.
Looks like the Mars impulse/panic effect was bi-directional today. Tomorrow (Wedenesday 3/22) is a Pluto day and perhaps we got some of it today. The shorts got squeezed and the longs got slughtered as well. Pluto has em both upside down by the ankles and is shaking loose all the change. Tomorrow Pluto will probably turn over the furniture looking for change under the cushions.