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.
Safe 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
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