💥 BLACK MONDAY 1987
Astrology:
🔸 7-year crisis cycle.
🔸 Jupiter, Saturn, and Uranus aspects in 1986.
🔸 Jupiter, Uranus, and Neptune aspects in 1987.
🔸 Crisis resolution aspect in February 1988.
Cycles:
🔸 4-year cycle of the US stock market from August 1982 to October 1987.
Events:
🔸 On Monday, October 19, 1987, the Dow Jones Industrial Average (DJIA) experienced the largest single-day drop in history, falling 22.6%. Panic began in the US and quickly spread worldwide. By the end of October, the stock markets of Australia had dropped 41.8%, Canada 22.5%, Hong Kong 45.8%, and the UK 26.4%.
🔸 The catastrophe was not preceded by any major news or events; there were no visible reasons for the crash. This event challenged many principles of economic theory: the theory of rational economic behavior, market equilibrium theory, and the efficient market hypothesis.
🔸 After the crash, trading on global markets was restricted. Computers at the time could not handle the volume of orders. These trading restrictions allowed the Federal Reserve and other central banks to implement measures to contain the global financial crisis.
🔸 The stock market decline began in August 1987 and ended in October 1987. The DJIA reached a high of 2,746 and a low of 1,616, with an amplitude of approximately 41%.
Outcomes:
🔸 The market crash was anticipated based on the 7-year crisis cycle.
🔸 The expected market reversal in 1986 on hard aspects did not occur, as the series of these aspects extended into 1987. The aspects were either not strong enough or too complex to reverse the market euphoria. Pressure on the market during the summer and fall of 1986 is visible on the chart. The peak in August 1987 coincided with the top of the third phase of the 4-year cycle.
🔸 Due to the prolonged hard aspects, the 4-year cycle extended to 5 years.
🔸 The market reached its peak in August 1987 without negative aspects. Ultimately, the market turned on a very rare aspect when the Sun, Mercury, Venus, and Mars converged at one point in August 1987 (see the chart).
🔸 The crisis resolution aspect occurred in February 1988, when the stock market was at the beginning of a new 4-year cycle, which, notably, was shortened to 3 years.
👉 Hard aspects of Saturn and Jupiter have a high correlation with the peaks of long-term US stock market cycles. See also the crisis map for 2024-2030.
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