|The New Moon in Cancer, 2013|
Chart from point of view of Wall Street and the NYSE
Mercury is retrograde, and that is always a great time to rest, relax, slow down and take a vacation. Previous to this New Moon, Americans celebrated July 4th - the USA's Independence Day- typically a time for family vacations in the USA - a time for picnics, celebrations, and grand fireworks displays.
In fact, as I write this newsletter I am on a family vacation!
AN ASTROLOGICAL TRIP AROUND THE NEW MOON IN CANCER CHART
SEEING THE WHOLE PICTURE
A mundane horoscope for the lunar month using the longitude and latitude of the NYSE gives us a broad picture of the astrological landscape we expect to encounter in the financial market during the month.
Financial astrology is a useful timing tool that gives us a "heads up" on what to expect - knowing the potential energy how the market is affected by various planets and the aspects they make, in addition to what technical charts tell us, helps us to reduce the risk we take in the market.
Astrological Investing's Associate Randall Ashbourne's Eye of RA weekly report sheds additional light on the markets - I urge you to read these weekend stock market reports. They are published on his web site, The Idiot and the Moon, as well as on Astrological Investing's blog.
The week of July 1, 2013 is particularly informative as Randall discusses "The Dangers of Trines" !
NEW MOON IN THE SECOND HOUSE WITH MERCURY RX
Trade, money matters, increasing national expenditure, and legislation in Congress is the focus of attention for this lunar month. (Mundane Astrology: The Astrology of Nations and States by H. S. Green) With Mercury Rx, media may be reporting corrections of previous reporting on all these topics!
Markets are usually volatile during Mercury rx, so if you are in the market trading, "take profits too soon!" as Raymond Merriman likes to say. Mercurial Mishaps may occur to shake up the market. Stocks may suffer from false or incorrect reporting.
It is a time when normal price support and resistance lines fail, especially a few days before and after the stationing periods (when Mercury changes direction). Kaye Shinker always taught that usually about half way through the retrograde cycle you will see a change in the direction in the market only to return to where it started 90% of the time. Raymond Merriman says that "sharp swings of at least 4% tend to happen within only 4 days trading days , and usually within only 3 days of this signature." (From his book, The Ultimate Book On Stock Market Timing, Geocosmic Correlations to Trading Cycles.)
To read this newsletter in full - Click to read newsletter .
When reading the newsletter on the web site, be sure to take note of the Moon Phases section and get the "Head's Up" - upcoming astrological events list.
FORECAST 2013 has an index-by-index analysis of Moon Trading across major American, European, Asian and Australian stock indices showing variations in the performance which can help traders time Entry and Exit levels for greatly enhanced profitability - the analysis also identifies those of the major indices where following the phases of the Moon can dramatically cut profits, or even result in large losses.
Read Randall Ashbourne's 2011 article, The Moods of the Moon - Trading the Mood Swings of the Monthly Lunar Cycle
Safe Trading! Marley