China’s economy has kicked off the year of the rabbit with a bounce worthy of its sprightly zodiac avatar. That raises the probability of stronger global growth this year, and higher oil prices, too—although the biggest effects are likely to show up in the second half of 2023. – Nathaniel Taplin, “China’s Post-Covid Bounce Has Arrived,” Wall Street Journal, March 1, 2023.

Silvergate Capital, one of the crypto market’s top banks, said that recent events leave it at risk of being “less than well-capitalized” and that it is evaluating the effect those events have on its ability to continue as a going concern. Shares of Silvergate were off 25% in after-hours trading. – Charley Grant, “Silvergate Stock Drops After Filing Raises Questions About Its Ability to Stay in Business,” March 2, 2023, Wall Street Journal. 

Last week witnessed multi-week and even multi-month lows in many of the world’s stock indices. But then many of those same markets turned sharply higher right afterwards, into the end of the week, signaling that a new primary cycle may be underway.

In Europe, the major indices bottomed anywhere from Tuesday-Thursday. Each then rallied into the close of the week. The same was true in the U.S., where the DJIA bottomed on Wednesday, March 1, but the S&P and NASDAQ futures bottomed early on March 2, and all three rallied smartly into the close. It fits for a low per cycle studies, but a little early per geocosmic studies, (see below).

It was a little more complicated in Asia and Oceania. China and Japan rallied smartly all week, with the Shanghai Composite trading at its highest level since July 2022. However, the Hang Seng of Hong Kong, the Nifty of India, and the ASX of Australia each fell last week to their lowest levels since January 3.

Gold and Silver also fell to their lowest price of this New Year early last week (February 28), but then turned around in what might become a new primary cycle as well. As with stocks, there is still further work to do before confirming this is the start of a new primary cycle, but each of these markets was in the time band for their primary cycle troughs – and still are until further constructive action takes place. We’ll cover the necessary points in more detail, with trading strategies, in tomorrow’s weekly subscription reports.

One market that ended the week poorly was Bitcoin. Unlike stocks, BTC did not have a robust rally on Friday. Instead, it had a robust selloff, probably due to the threat of a major crypto bank in danger of going under. Saturn is on Bitcoin’s natal Venus, and Pluto is on its natal Jupiter. Still, the lunar cycles look positive after March 8, and at the same time, Saturn will separate from its natal Venus then as well. There is hope.


An old Chinese saying is that “Truth has many faces.” – James Clavell, “Tai Pan,” Atheneum, 1966. 

Working on mysteries without any clues. – Bob Seger, “Night Moves,” 1976.

Aside from the transits to Bitcoin’s natal chart, there was nothing standing out about the current transits in effect last week. Venus conjoined Jupiter on Thursday, which is considered a favorable aspect in the field of astrology, followed by Mercury conjoining Saturn later in the day, normally considered a more challenging aspect. But that seemed to mark a low in stock prices, consistent with Mercury/Saturn perhaps, but not Venus/Jupiter. In any event, neither aspect has a high ranking in terms of their correlation to primary cycle highs or lows historically, at least not like what is looming ahead March 14-21. This is one reason why we need to be a little cautious about this coming week’s bullish prospects in spite of the powerfully bullish-looking technicals and the fact that cycles are in a time band for an important low (primary type). We prefer to see these reversals occur when powerful geocosmics also stand out, so it’s possible March 14-21 could either be an early primary cycle crest or a failure of this current rally to a new low then.

So what is happening astrologically March 14-21 that has our attention? First, Mars squares Neptune (after markets close) on March 14, followed by the Sun and Mercury conjoining Neptune on March 15-16, with the Sun, Mercury, and Neptune in Pisces, the ruling sign of Neptune. That’s a lot of “unknown.” Neptune represents mysteries, uncertainties, but without “many clues.” In some cases, there are clues, but they are intentionally misleading to hide a “truth :that has many faces.” No one wants to be responsible or accept responsibility, and the order of the day seems to blame others for falsehoods rather than owning up to one’s own role in creating the rumor or fabrication. Additionally, the Sun, Mercury, and Neptune are all in a square aspect with Mars, the planet of war. So the rumors and the misinformation may also apply to saber-rattling and threats that have no real force to back them. It could also be the pretense of negotiations for peace, where trust is still unable to be verified. It is good to know your enemy, but it may not be wise to trust someone who claims to support you.

No geocosmic principle is totally negative, however. Both the Sun and Neptune (and Mars, too, for that matter) are highly creative dynamics. They work well in the arts and entertainment, especially music and dance. But in terms of politics and their correlation to stock indices, this could be a case of being “out of tune” or “out of step” unless one is faithful to the source of their inspiration. Hopefully, the inspiration is for peace and not for deception. Both are possibilities, and either could impact financial markets, and especially Crude Oil, at this time. Bottom line: just be authentic, and be wary of those who are not.


NOTE 1: ONLY TWO MORE WEEKS!!! The Merriman Market Timing Academy (MMTA3) begins Saturday, March 18 at 12:00 PM, EST, online and live! 

The window for enrollment will end on March 15. To be accepted, one must go through an interview process, and therefore the final interviews will take place March 15-17. No interviews will be scheduled after March 15. And the final date to apply for the $2000 discount to take the two-year program will end next week, March 11. Thus, it is now or never for those who are still deciding whether to sign up for the 8-course MMTA program before the next series begins in 2025.

This is your chance to learn how to analyze and identify important time bands (and price targets) for market reversals in financial markets for traders and investors alike. This is the most complete course offered anywhere on the integration of cycles, geocosmics, trend studies, price objectives, chart patterns, and technical analysis. If you want to become a better trader, investor, or an analyst for traders and/or investors, this is the course for you! This is the only course on market timing tools including financial astrology (and other technical and charting studies listed above) offered by instructors who are registered CTAs (Commodity Trading Advisors). The instructors will be Raymond Merriman, founder of MMTA and MMA, and MMTA Director Gianni Di Poce. And it will be the last MMTA program co-taught by Raymond Merriman. To view a one-hour Q&A video on the forthcoming MMTA program click here.

Here is the countdown to the start of MMTA3:

March 11th – Cut off for discount, price increases to $20,000 for two-year course (or $2500/course, eight courses in all)

-eBooks delivered

-Workbook delivered

-Slides delivered

March 15th – Last day for enrollment, interview appointment schedule

March 16th – Zoom link and Class One information sent to students

March 18th – Class begins

For further information or assistance with applying, or regarding the program and course schedule, please contact 

NOTE 2: TUNE INTO MMA’S WEEKLY YouTube Channel on the geocosmic climate related to financial markets hosted by MMTA Educational Director Gianni Di Poce. These 5-15 minute video presentations review market activity of the past week and offer a preview of the geocosmic signatures in effect for the next week and beyond. You may subscribe to MMA’s YouTube Channel today at no cost and get announcements when each geocosmic market review is ready for viewing! To view this week’s MMA YouTube episode, click here. By the way, I just listened to it. Excellent interview and analysis!


March 4. “How Outer Planets Drive opportunities in Financial Markets.” A 3-hour intensive workshop presented by MMTA director Gianni Di Poce for ISAR, the International Society for Astrological Research. Cost is $95.00 (or $55 if you are an ISAR member). This workshop will cover the importance of outer planet transits to one’s natal chart as well as in the skies to identify optimal times for major moves in financial markets. To register for this exciting presentation,  click here. 

March 18-April 29, 2023: Cycles and Patterns in Financial Markets. This 6-week online course will take place for 2.5 hours every Saturday (except April 8), starting at noon, Eastern Time.  If you are interested in how cycles work and how to use them to time your investments or positions trades for maximum profit potential, this is the course for you. There is no astrology in this 6-week course. It purely identifies cyclical time bands for long-term investment and short-term position trading. You will learn to speak the language of cycles as they pertain to financial markets, and to understand what constitutes a bullish or bearish trend via cycles and their relationship to the proper moving averages. You will also learn the three type of cycle patterns in bull and bear markets and what strategy to apply in each phase of the cycle. After this course, you will see charts and their patterns like never before. Charts will not appear random anymore. And each class will end with a discussion of how these methods apply to the current markets in the week ahead. 

This will also be the first course (of 8 courses) of the MMTA (Merriman Market Timing Academy). You do not need to be enrolled in MMTA to take this course unless you also aspire to be a graduate of MMTA over the next two years. It is open to everyone. The cost for this course is $2500. To sign up, click here.

I noticed that learning your method, which has made me rather well off, is already leading me to think beyond profits. These courses are worth more than what you are charging. So what you are doing will challenge the weight of Gann and Elliot in technical analysis. – Vincent W, Bank Career Trader and Head of Foreign Exchange Desk at major bank, Singapore. 

“My perspective on the markets, and perhaps life, have changed dramatically since being gifted the privilege of joining MMTA2. I am extremely grateful for having been given the opportunity to learn directly from you.” – Kyle M, MMTA2 graduate, North Carolina, programmer, trader, and high school math teacher.

Attached is my final research project on the cotton market…as always critiques are welcomed!! Doing these research projects and really dissecting the cotton market during this course has allowed me to trade cotton very successfully over the last year. It is extremely rewarding to do the work and then to watch it unfold according to plan.” – Wyatt F, Wisconsin, MMTA2 graduate, Owner of large family farm operation, and now an MMA analyst.

MMTA2… was one of the best things I have ever done.” – Renato R, Australia, MMTA graduate.

Disclaimer and statement of purpose: The purpose of this column is not to forecast the future movement of various financial markets. However, that is the purpose of the MMA (Merriman Market Analyst) subscription services. This column is not a subscription service. It is a free service, except in those cases where a fee may be assessed to cover the cost of translating this column from English into a non-English language. This weekly report is written with the intent to educate the reader on the relationship between astrological factors and collective human activities as they are happening. In this regard, this report will often cite what happened in various stock and financial markets throughout the world in the past week and discuss that movement in light of the geocosmic signatures that were in effect. It will then identify the geocosmic factors that will be in effect in the next week, or even month, or even years, and the author’s understanding of how these signatures may affect human activity in the times to come. The author (Merriman) will do this from the perspective of a cycles’ analyst looking at the military, political, economic, and even financial markets of the world. It is possible that some forecasts will be made based on these factors. However, the primary goal is to both educate and alert the reader as to the psychological climate we are in from an astrological perspective. The hope is that it will help the reader understand the psychological dynamics that underlie (or coincide with) the news events and their potential effect on financial markets.  

No guarantee as to the accuracy of this report is being made here. Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers of this column assume any responsibility whatsoever for anyone’s trading or investment decisions. Readers of this report should understand that commodity futures and options trading are considered high risk.