Kaboom! The Old Gods go to war

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 10, 2014 

 Volatility is about to come roaring back, as the little Gods pick sides in an all-out brawl that involves every single one of the big Gods.

We are likely to see volcanic eruptions, earthquakes and tsunamis ... either literally or metaphorically.

It begins this weekend as Venus squares Jupiter before conjuncting Saturn midweek; the Sun will make the same aspects; Mercury will trine Neptune which goes Direct next Sunday.

And Mars will conjunct Pluto and square Uranus. It is a LOT of cosmic energy being triggered over the course of the next 10 days ... and most of it will be concentrated into this coming week.

We've already had a preliminary taste test ... the Republican sweep of Congress and the Senate, the USA air attack on the IS leadership meeting in al-Qaim, the turmoil in Burkina Faso where the military (Mars) has seized control (Pluto) after a mass uprising (Uranus) ousted the President (Capricorn).

As all that energy becomes exact in the coming days, more regimes may topple, more bombs will go boom, more rebels will rise up.

Stand by for what could be one of the most "interesting" weeks of the year.

We will take a look this weekend at the exact price levels where all that energy is concentrated in a number of world stock markets ... New York, Toronto, London, Amsterdam, Mumbai, Sydney - and gold.

The Venus square Jupiter takes place on Monday in Australia and Asia, as does Mars conjunct Pluto; Venus conjunct Saturn and Mars square Uranus will occur on Thursday; Sun squares Jupiter on Friday. The aspects will occur the previous day in Euro-American markets. (This is just the way the international timezone boundary works.)

Basically, the rocket will take off ... or it will all go kaboom.

Pollyanna first ... the SP500. On the chart below, Mars is red, Uranus is green, Pluto is blue. And here's how it works. The rocket is in warp drive if price breaks through the $2057 planetary price crosssing zone. It will be heading for $2082.

But, if it gets strongly rejected from the 2050s, Wall Street may immediately go back into a strong correction.

And the reverse also applies. If Pollyanna drops to around 1990 or 1967 and starts to rise rapidly, it probably means the boosters have been triggered.

It's the same general principle on all other indices. Here's Toronto ...

Above is the weekly chart. Toronto needs to hold the 14,518 level to have a real shot at the 15,200s. The daily chart, below, provides another potential clue to which way it will all go. The Sun/Venus aspects to Jupiter and Saturn are just below the 14,800s. A strong daily break indicates the run to the 15,200s is on.

And if it doesn't break through and starts to drop, the plunge is likely to take it to at least the 14,200s.

The FTSE is next ...

If London starts the week by rising, it is likely to run into trouble in the 6650-6690 range. If it drops into the early 6400s early in the week, it could bounce. The daily chart below shows that a Sun/Venus meeting with Saturn stopped the recent drop. That was a weak semi-sextile aspect. The circled overhead one is a lot stronger in its trend-change ability.

Amsterdam ...
The AEX has been riding Venus upwards and has been stalling at a blue Jupiter. Monday will tell the story ... it will get a boost from the power of the price crossing, or close below last week's price level and be in danger of a drop.

 

Mumbai's Nifty is below. It must break above the 8486 zone by midweek for further rises. If it drops, the 8212/8234 needs to be watched carefully for Support. If the Support fails to hold, the chances of further strong downside increases substantially.

Sydney is below. The ASX200 has been stalled in the Mars/Uranus/Pluto zone for a week. The key price level to hold to provide a rally boost is 5515. There is price crossing Resistance in the 5580s.

And, finally, gold.

The weekly chart is above, showing the Mars/Uranus/Pluto price crossing levels. Our regular Sun/Pluto daily chart is below. I was always a little unhappy that gold continually bounced from the secondary Pluto line at 1182, believing it really "should" hit the primary Pluto at 1158.

It now, finally, might be getting a boost from a false break of primary Pluto, with even further support from a rising primary Sun line. But, as with the stock indices, it is likely to be impacted by this week's severe traffic jam of planetary aspects and needs to get decidedly above 1182 again before we can hope for a sustainable rally.

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