Sunday, December 14, 2014

Merry Christmas and Happy New Year

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 December 15, 2014 

It's time for me to take a break, so I'll take this opportunity to wish everyone a happy holiday season and, especially, a happy New Year.

Markets tumbled last week as we head into another direct hit of the long-running Uranus/Pluto square due to "finish" ... at last ... in 2015!

The key price levels for the SP500 and DAX were published last weekend, along with still-relevant Weekly Planet levels for the ASX.

Charts for the FTSE, Nifty and some other indices have also been published recently and you can find them in the Archives.

There will be no annual Forecast this year and some major changes for the Eye of Ra next year. It's unlikely the Eye will appear each weekend.

Instead, I'll probably do only one major report each month, incorporating much of the detail I normally include in the annual Forecast.

Hopefully, the changes will allow me more time just to enjoy Life ... as well as writing occasionally, in non-market report weeks, about the broader social changes being influenced by The Spooky Stuff.

Until sometime in early January ... Best wishes and thanks for your company during 2014!

 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, 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.

Sunday, December 7, 2014

Germany joins the USA in all-time Highs

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 December 8, 2014 
 Wall Street continues to make marginal new Highs, though the SP 500 is still shy of touching a major planetary price barrier at 2082.

 Trading on Wall Street was relatively subdued last week, despite some strong astrological aspects involving Jupiter and Uranus.

 There are more of them to come, especially over the next week when Jupiter goes Retrograde, Venus moves to Capricorn, the Sun trines Jupiter ... and we get another exact hit of Uranus square Pluto.

Europe, especially Germany, is now bouncing back from weakness earlier in the year. You might recall that some months ago we talked about the DAX running into long-range overhead planetary price resistance.

It was strong enough to send the DAX into a multi-month downfall. However, the pick-up in performance since the low in mid-October has lifted the German market back into the same territory.

European traders are hopeful that the ECB will now follow Japan, taking over monetary expansion from the US Federal Reserve.

We'll look at the key levels now.

Below is the long-range planetary price chart for the DAX. Midway through 2014, the index ran into the Pluto barrier priced in the early 10,000s, prompting a strong correction.

The index is now making another attempt to breakout northwards. At this stage, the Bird Bird oscillator seems very dubious.

The SP500 continues to fall just short of touching its overhead Pluto barrier in the early 2080s. It's entirely possible the resistance could be breached by a gap Open, opening potential targets in the 2100s.

A couple of weeks ago, we discussed the under-performance of the ASX200 and I suggested a Uranus price line, then priced at 5270 could provide a stronger level of support.

The index had a one-day dive below the level last Monday, but recovered the following morning. The weekly resistance from Saturn lines around 5382 and 5417 need to be overcome before the index has a chance of challenging the August highs. 

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.

Sunday, November 30, 2014

Flamboyance or Fear in store this week

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 December 1, 2014 

 American stock indices changed little during last week's Thanksgiving-shortened trading.

India continues to hit new Highs, but now faces a technical challenge after the Nifty hit 8617 last week. That's a precise 100% extension of the first recovery rally from October 2008 to November 2010, anchoring the current rally from the December low of 2011.

Germany's DAX was also a strong performer last week, but many other indices mirrored the go-nowhere behaviour of Wall Street.

The SP500 is still trying to reach the planetary barrier at 2082 shown in last weekend's charts. Astrologically, we are heading into statistically negative Full Moon next weekend, but the key day in Euro-American markets is likely to be Thursday when the Sun trines Uranus, Venus trines Jupiter and Mars leaves Capricorn for Aquarius.

As we've talked about before, trines have a tendency to break barriers and Uranus, in particular, likes to break things. With the Sun and Venus both in Sagittarius interacting with Uranus and Jupiter, we would expect to see some exaggerated moves ... simply because Sadge, the FatBoy and El Weirdo never do anything with quiet good taste and discretion.

So, we're likely to see the professionals return to their desks this week, bouyantly optimistic about where it's all going ... or gripped by fear that they've run too far, too fast.

Thursday should give us a clue.

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.

Saturday, November 22, 2014

The SP500 heading to 2082 target zone

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 November 24, 2014 
Wall Street heads into a shortened trading week, with markets closed on Thursday for Thanksgiving and also due for an early close on Friday.

Reportedly, this is now the third-longest Bull market in modern history for American stocks.

It is surpassed only by the 1921-1929 and 1987-2000 Bull runs ... and there are some commentators who believe that we are still only part of the way through the first leg up of a new "supercycle" Bull.

Most of the Western stock indices are not quite as bouyant as Wall Street and the Nasdaq, so we'll spend some time this weekend having a close look at the technical condition of the SP500 across various timeframes, since it is a "key" market whose direction is likely to have an impact on other markets.

Astrologically, the high-energy period during mid-November had apparently little effect on stock prices, though it does seem to have raised the stakes in what is being dubbed a new Cold War between the USA and Russia.

Joe Biden was back in Ukraine last week, as he was in the weeks before the "popular" pro-Western uprising overthrew the country's Russian-backed President.

Vlad won't be happy. Sergei Lavrov thinks the USA now wants to extend regime change from Kiev to Moscow.

Now, let's take a look at the potential targets immediately ahead after Friday's boisterous gaps up in both Europe and on Wall Street. The Pollyanna index is now not far away from running into overhead, long-range Pluto resistance at 2082.

It is the Pluto line at 1878 which put an end, on a weekly closing price basis, to the recent sharp drop. The low of the drop touched the 1823 Neptune line, so it is possible, after some stalling or a correction at Pluto, that the index will make another run at achieving higher prices.

Okay, well that gets the planetary price targets out of the way. Now let's turn our attention to the technical position and we'll use one of the techniques from The Idiot & The Moon ... Bi-BB charts with a fast MACD across the three main timeframes, daily, weekly and monthly.

We'll start with the daily. Friday brought the third big Opening gap since the current bounce began. The fast MACD oscillator isn't particularly happy. The histograms have gone negative and so have the signal lines. They can stay this way for a while before a decline develops, but the oscillator is suggesting further immediate-term gains are facing headwinds.
On a weekly basis, Friday's big jump took the weekly price bar above the upper Bollinger Band. We've discussed before how breaks of the upper or lower bands tends to stall the direction of the trend-in-play, or prompt an intermediate trend change.

While the MACD histograms endorse the rally, the current peak in the rise of the signal lines is a little more muted in its enthusiasm.
A monthly version of the same technique contains enough news to please both Bulls and Bears. The MACD histograms haven't hit a new high for years and the signal lines are flat-lining.

But we should probably also note that the last two Bull peaks in the 500 didn't occur without the index touching, or breaking, the upper Bi-BB barrier ... and that there has been no monthly Close below the upper layer since the first half of 2012.
What is most interesting about the above chart, though, is November's break above the main upper tyne of the long-range pitchfork.

The Australian stock market has been going in the other direction ... and rather strongly. There is reasonably strong potential support not far below last week's Close ... the Uranus level around 5270.
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.