Sunday, July 20, 2014

Storm warnings in space

Randall Ashbourne, an associate of Astrological Investing, posts a weekly market report on his web site, theidiotandthemoon.com  The following is this weekend's Eye of RA report: Week beginning July 21,  2014 
The astrological weather patterns are about to make a dramatic change.

We have planets changing signs, changing directions, and making a series of intense, high-energy aspects with each other.

And since a lot of that energy is unleashed over the next week or so, it could be enough to generate a super storm.

Jupiter has now moved into Leo and is about to be joined by the Sun; Venus has moved into Cancer; Mercury is about to oppose Pluto and square Uranus; Saturn is changing to Direct motion while Uranus goes into Retrograde mode.

And the killer change is Mars finishing an unusually long journey through the diplomatic sign of Libra, shifting into Scorpio and heading for a conjunction with Saturn ... when the "drive" energy smashes into a brick wall.

Mars is the traditional ruler of Scorpio. Mars in his primary sign, Aries, is an all-action hero; more Ego than IQ. The Scorpio version is much, much deadlier ... a deep-thinking, deep-scheming, vengeful, poisonous piece of work who fights to the death.

I've discussed with you many times before how Pollyanna, the SP500, rises and falls within Martian channels between long-range Node price levels.

Other indices tend to do the same, though Uranus, Neptune or Pluto tend to be more reliable as horizontal price stoppers.

Anyway, let's have a look at where Polly is within her long-range Mars channels. In the chart below, I'm showing only the rising channels. We can see that the last Bear bottom was recorded with a small break of what I've labelled as the primary channel bottom.

Price rebounded from there to the next higher primary Mars line, which I've labelled as the channel top. We've had only one major breach outside of that primary channel ... the countertrend down marked with a yellow oval.


Okay, now let's move in for a close-up. The horizontal orange lines marked with 2003 and 1955 are primary Node prices. As I said, the SP500 tends to move in Martian channels between Node price levels.

So the $1955 to $2003 range is a major, long-range danger zone. The declining, dotted red lines are the Martian downtrend channels. In brief, a weekly close below the $1950s could well signal the start of a major correction in this index ... possibly even the start of a new Bear trend.


The ASX 200 has stalled yet again at the $5533 Saturn barrier on its Weekly Planets chart, after a failed attempt to breakout higher, falling a tad short of hitting the Uranus price line at $5565. We've had only a single weekly Close above this line since Auntie started playing with it 22 weeks ago. Breakout or breakdown, you old bat!


Now let's have a quick look at gold. At 2am New York time last Monday, the mysterious "somebody" suddenly dumped over a billion dollars worth of gold contracts onto the market. It was followed a few hours later by a multi-billion-dollar dump.

Obviously, it was yet another calculated move with only one aim ... to end the rally in gold prices. Nobody dumps a billion dollars worth of anything onto a thinly-traded 2am market expecting it will cause a price jump. It's designed solely to cause a selling panic when the markets open for real.


One suspects it was a co-ordinated move by big central banks. It's not the first time we've seen these out-of-hours, mega-billion dumps and it probably won't be the last.

However, it was not enough to totally trash the distinct possibility that a long-range bottom in the gold price was cemented with the double-bottom in June and December of 2013.


I raised the possibility some time ago that the trend had changed when gold moved out of its Sun downtrend channel. On the above chart, I add a blue technical downtrend line. It put a stop to the last rally, but it, too, has now been broken.

In fact, last week's plunge seems to be a retest of that line ... from the top side. If it holds, it is potentially very, very Bullish. We can't be too optimistic until price can break above the first Fibonacci Retracement barrier around $1350. If it can manage that, it will be doing so with quite extreme positive divergence readings in the Fast and Medium range Canaries on gold's monthly chart, indicating that the gold Bear is back in hibernation and a multi-year rally is underway.

Safe trading - RA

Randall Ashbourne (Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2014


Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2014, writes a free weekly column titled, The Eye of Ra on his web site in  which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.


Important reading:  Randall Ashbourne's The Idiot and The Moon, Forecast 2014  


  Purchase Forecast 2014 and receive a special report on GOLD 
 

Sunday, July 13, 2014

Jupiter in Leo ... the affected sectors

Randall Ashbourne, an associate of Astrological Investing, posts a weekly market report on his web site, theidiotandthemoon.com  The following is this weekend's Eye of RA report: Week beginning July 14,  2014 
The head honcho of the Old Gods ... Gee,Zeus, Jupiter, the Fatboy ... goes into the Fire sign, Leo, this week.

He'll be heading to the salon for a new "do" and shopping for a set of the emperor's new clothes.

I probably shouldn't be making fun of the guy who throws thunderbolts around when he's off his Adderall, but have you ever tried swapping jokes with Saturn?! Ugh.

Anyway, I received a note during the week from a reader wanting some further explanation of how Jupiter affects sector rotation ... the regular shift of money away from the popular to the unpopular.

I've touched on this a few times and you might want to take another look at the January 20 Eye of Ra in the Archives.

Basically, though, Jupiter increases either the demand, or the supply. The biggest impacts tend to be in the sectors ruled by the sign Jupiter is entering - Leo; the sign he's opposing - Aquarius; and the signs he's squaring - Taurus and Scorpio.

In January, I urged you all to look at gold and gold mining stocks for a possible long-range shift in the trend. So far, so good ... and that trend shift is giving fairly strong indications of being underway.

The other sectors ruled by Leo are: Amusement parks, gambling and casinos, games and toys, jewelry, recreational vehicles and stock brokers.

Aquarius rules: Aerospace and aircraft, computers and technology, radio and TV broadcasting, electrical equipment, satellites and stock market profits.

Taurus and Scorpio rule: Banks and insurance, debt and taxes, copper, bonds, financial institutions, cattle, candy and corn.

So, the idea is that we look at stocks in those sectors to see which ones appear to have been putting in a solid, long-range bottom OR are showing distinct signs of topping out.

Okay, a reminder that this week brings a Bradley major trend change date.

Let's see where we are ... starting with the Pollyanna index, Wall Street's SP500. She dropped to the Node line at 1952 last week, but bounced back into the Node range now priced from 1955 to a whisker above 2000.

The DJIA is riding a technical channel, unable to climb back inside the upper tier ... and with no new peak in the Big Bird canary since March 2013.

On the northern side of the lakes, Toronto is stalling at a long-range planetary price level. The index made a Bear bottom at a Pluto/Node zone and is now testing a higher level zone priced from the 15,100s to 15,900s.

On the other side of The Pond, London's FTSE continues in its range-bound torpor. It makes Midsommer Murders looks like a Michael Bay action movie.

Germany still can't keep its head above the long-range Pluto barrier in the early 10,000s.


Paris is swooning, though may have reached a bounce level.


And dear old Auntie, the ASX 200, hit 5532 again ... and reached for the smelling salts. Again.


I indicated recently I could see no instance on the gold charts where a rally stalled before hitting an upside Sun or Pluto line. And there still isn't one, since the price of gold made contact with both of them last week.

Safe trading - RA

Randall Ashbourne (Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2014


Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2014, writes a free weekly column titled, The Eye of Ra on his web site in  which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.


Important reading:  Randall Ashbourne's The Idiot and The Moon, Forecast 2014


  Purchase Forecast 2014 and receive a special report on GOLD 

Saturday, July 5, 2014

Heading into a major Bradley date

Randall Ashbourne, an associate of Astrological Investing, posts a weekly market report on his web site, theidiotandthemoon.com  The following is this weekend's Eye of RA report: Week beginning July 7,  2014 
The USA is having a Happy Birthday weekend ... with Wall Street the happiest of all.

But the celebration fireworks might spill over into the stock market in the next week or two.

We're now heading into one of the three major Bradley Model turn dates scheduled for this year.

In the next few days, the Sun will square Uranus and trine Saturn. The Moon will spend a couple of days in Sagittarius, which can spark wide-range days full of either fear or unbridled optimism, before heading into the Full Moon next weekend.

That Full Moon will be conjunct Pluto and square to Uranus, in a repetition of the main astrological theme being played out in the skies.

But, it'll also be a major part of what happens in north America over the next year. Astrologers often construct what's called a Solar Return chart on someone's birthday. The themes suggested in that chart tend to last for the next year.

It means the USA will spend the next year trying to deal with the social, economic and geopolitical unrest indicated by the long-range Uranus/Pluto square.

That's because, on its birthday, the USA's Sun was locked into the configuration. And so was the Moon, which was transiting through Libra. In brief, the public "mood" over the next year will want to see some fairness and balance. And that will be at odds with the other three players.

Meanwhile, the SP500 and a few other indices soared to new highs last week. Pollyanna's price has jumped above the first of the two Mars price lines within an important Node zone priced from around 1950 to just above 2000.



And it is rising into those levels as the Bradley Model heads into one of the potentially most important dates of the year. I've cautioned before that it is the dates of the Bradley which are most important ... not the direction of the oscillator, marked with a black line on the chart below.

December 31 marked a high, for example, rather than a low. It was a high which remained untested for two months as the index plunged into a February 5 low. February 3 was a minor blip on the Bradley oscillator.

As I mentioned last weekend, the mid-July Bradley date coincides with Jupiter's sign shift into Leo, which will accelerate a change in the popularity of stock sectors.

In the years when it works, the Bradley Model can be uncannily accurate ... in terms of the dates, not necessarily the implied direction.

And since it was only one day off marking December 30 as a trend change date, which led to a sharp decline, we should all probably keep a close eye on another big shift happening very soon.

The Australian market also responded positively last week, bouncing back for another touch of an upside Weekly Planets barrier.


The next resistance level is around 5570 ... with Neptune at 5625 above that, if the ASX200 can manage a breakout.

Randall AshbourneSafe trading - RA
 
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2014


Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2014, writes a free weekly column titled, The Eye of Ra on his web site in  which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.

Important reading:  Randall Ashbourne's The Idiot and The Moon, Forecast 2014


  Purchase Forecast 2014 and receive a special report on GOLD 

Sunday, June 29, 2014

Jupiter in Leo ... sector rotation to grow

Randall Ashbourne, an associate of Astrological Investing, posts a weekly market report on his web site, theidiotandthemoon.com  The following is this weekend's Eye of RA report: Week beginning June 30,  2014 

 Volatility is likely to return to stock markets in the coming month as Jupiter stops playing "mother" and orders a set of the emperor's new clothes.

The head honcho of the Old Gods is exalted in Cancer, a placement which also tends to favour the United States.

In mid-July, the FatBoy enters Leo, which might give Barack Obama a break, but tends to be not so good for Wall Street.

The winged-heel guy, Mercury, goes Direct again early this week. The Sun opposes Pluto on America's Independence Day and squares Uranus the following week.

Venus and Mars change signs ... Venus into Cancer and Mars out of polite, diplomatic Libra into fight-to-the-death Scorpio.

In Forecast 2014, I advised traders to look for the potential for a tradeable low around the 12th,13th,14th of June.

It worked ... but only for Wall Street. Other markets are starting to diverge markedly ... even Germany's DAX.

Jupiter's sign shift will have a major impact on the popularity of some stock sectors. It's one of the best indicators of stock rotation, where money starts flowing out of one sector and into others.

For those of you who have Forecast 2014, it could be worth another look at the recommendations for March and a check of the long-range technical status of stocks within the mentioned sectors.

One of the sectors which should benefit over the next year is gold mining - and we'll take a look at some gold charts shortly.

Let's look first, though, at the SP500 ... the Pollyanna index. We've been expecting at least a stall to develop at these price levels ... because the index is running into major, long-range planetary price resistance.

We looked at this chart recently and I indicated that past contact with long-range Node lines tended to provoke a strong reaction downwards.

The Node lines are at 1952 and 2005, with a couple of major Mars lines covering the intervening space. After making a low near 1926 on June 12th, Polly rose to 1968 last Tuesday, hitting the first of those Mars lines.

I indicated recently the DAX, the other gloriously optimistic Western index, was also hitting a major planetary stopper - at 10,016. The DAX managed two separate days above that price level, but has now dropped to 9815.

The ASX 200 is still dithering, unable to decide if it wants to hit the upside or downside of its Weekly Planets range.

Meanwhile, gold has embarked on another breakout attempt, though it, too, is dithering between two sets of planetary prices.

My personal "bias" leans towards more upside for gold ... and not just because of Jupiter moving to Leo and the normal seasonal factors.

For a start, on the weekly version of the Sun/Pluto gold chart, ALL rallies start at either the Sun or Pluto and DO NOT END until after making contact with higher Sun or Pluto price levels.

I'm not sure anyone can predict, with absolute certainty, what is happening with gold; there are too many big money players from central banks to the Chinese Government, with vested interests.

However, there is at least a slim chance that the gold Bear is finished and is in the early stages of a new, long-running Bullish leg. In any case, there is a chart we can use to track that possibility.

IF a new Bull is now underway, there should be nothing more than only temporary stalling at the Fibonacci extensions marked on the chart below. Reaching decisively above $1450 would increase the odds the Bear is dead.

Randall AshbourneSafe trading - RA
 
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2014


Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2014, writes a free weekly column titled, The Eye of Ra on his web site in  which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.

Important reading:  Randall Ashbourne's The Idiot and The Moon, Forecast 2014



  Purchase Forecast 2014 and receive a special report on GOLD