🛢 CRUDE ASTROLOGY (part 1)

♓️ The zodiac sign Pisces is associated with the oil market. Oil is ruled by the planets Neptune (♆) and Jupiter (♃). In other words, the price of oil is directly or indirectly influenced by the aspects of these planets. For example, on March 7, 2022, the historical maximum of oil and the maximum of the long 4-year oil cycle occurred. This event occurred on the Sun aspect to the conjunction of Neptune and Jupiter in Pisces. The aspects of the planets are known in advance.

👉 Saturn - the planet of restrictions and reductions - entered Pisces (the sign of oil) in March 2023 and will remain here until May 2025. This event was followed by serious restrictions and limits on the oil market. The G7 initiated a price threshold of $60 per barrel for Russian oil. Saudi Arabia and Russia have launched initiatives to reduce production. On the demand side, SPR (US Strategic Petroleum Reserves) has fallen to its lowest level since the 1980s. All these restrictions contributed to an increase in oil prices in the range from approximately $60 to $90 in the fall of 2023 and the spring of 2024.

♓️ By the beginning of April 2024, Saturn approached the middle of the sign of Pisces (see picture). This position of Saturn usually greatly affects the price of oil. On April 5, oil made a high that looks set to become the current base cycle high (28 weeks). There is a high probability that the current base cycle and the 4-year cycle will coincide.

☝️ We predicted the bottom point of the base cycle for June 17-20 or July 1. It may have already been reached on June 4 on a weak signal involving Jupiter (see post about the signal in the context of gold), but oil, as a rule, does not reverse itself so easily. At the extremes of June 17-20 or July 1, price fluctuations are possible. The beginning of any cycle (even a bearish one) is always bullish.

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