Why would the Fed goose markets now?

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 30, 2012
The strange disconnect between Wall Street and most other major world indices continues.

Last week's two-day surge raised the SP500 and DJI back within the range of the two most significant bubble tops in modern history. Yet, the Street is convinced that in the coming week, both the FOMC and the ECB will announce new stimulus measures.

Astrologically, the main aspects in play over the coming week fall into the "beneficial" category - the Sun trines Uranus and sextiles Jupiter and Venus will trine Saturn.

It also brings us up on a major Bradley Model turn window - and is halfway through the Mercury Retrograde cycle, where spurt-and-reverse tendencies come into effect.

I'll update the Mercury and Bradley charts in a few minutes.

It's interesting that the freefall in the early part of the week was suddenly reversed by Mario Draghi promising to do "whatever it takes" to backstop the Euro - and, more broadly, the whole European financial system. It is very much a modern banker's solution and is probably no surprise coming from a former Goldmans executive.

But, usually, statements made and policies outlined while Mercury is Rx, tend to have to be revisited once the planet resumes Direct motion.

In any case, one wonders exactly why the US Federal Reserve, in particular, would act now with further monetary easing.

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The chart above is a monthly of the SP500, showing the 1999-2000 and 2007 "bubble" tops - the peak of the Nasdaq boom and the height of the CDO madness. Last week's spurt put the index back into bubble territory ... and the "logic" on the streets is now not so much that the good times will roll forever, it's that economies are so bad, central banks will print more money.

It seems like a strange place for central banks to prop up the stock markets. Logic would seem to dictate they don't actually need to prop up markets already back in Bubbleville.

The red, intermediate-range oscillator displayed negative divergence at the last price peak and seems set to give another instance of it. However, the state of the long-range (blue) oscillator confirmed that previous peak - what I pointed out earlier in the year as being the elephant in the room which indicated the rally would run longer-and-stronger that the astrological expectations forecast.


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 An update of the Bradley Model chart is next, showing the spurt higher into the next major turn date predicted to occur in this timeframe, before markets go into a series of waterfall declines.

And a couple of weekends ago, I showed you the tendency of the 500 to do a spurt-and-reverse act during those periods when Mercury goes Retrograde - remarking the index has a tendency to travel within defined Mercurial corridors.

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Last week, the index bottomed with a touch of the downside level of the current corridor, before bouncing strongly over Thursday and Friday to hit the top of the range. Breakout from that corridor, would target the dotted Mercury line in the early 1400s.

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And that price level is also highlighted on the 500's long-range planetary price chart, above.



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 Probably the key technical price level to watch is $1391, which is the last low before the high, and normally produces a strong reversal the first time it's touched again. I've mentioned recently the tendency of the 500 to move in divisions of 30-day cycles. The next "timing" in that cycle arrives on Tuesday.

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Last weekend, I indicated the ASX200 was running into a downtrending Sun line that was likely to have an impact - the reverse of the rising Sun line chart we've followed for several weeks on the FTSE. The expected impact did have an effect in sending the 200 south for the first part of the week before the Draghi bounce. It looks as if she will yet make at least a kissy/smoochy with the grey Neptune line after all.

The next chart is a weekly of the ASX200, showing the target levels in Fibonacci levels, rather than planetary prices.

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Turning to the FTSE ...

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Before showing the ASX about to fall under the influence of a falling Sun line last weekend, I also remarked we had seen the first close below the rising Sun line on the FTSE planets chart we'd been looking at since early June.

The index dropped dramatically down to the horizontal planetary levels which have been shown many times on the FTSE's Weekly Planets chart - proving yet again those weekly planet charts provide excellent Entry and Exit levels for short and medium trades.
Safe trading - RA

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.
Important reading:  Randall Ashbourne's article, Jupiter's cycle and its effects on Wall Street and a posting of the weekly Eye of Ra report in this blog, titled A look at the Venus Retrograde effect
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2012

August 2012 Astrological Calendar - Transits for NY NY, The NYSE

Astrology calendar showing the day and times of planetary aspects for the NYSE, for the month of August 2012.

Click image to view full size calendar.

August 2012 Astrological Calendar - Transits for London, England, The FTSE

Astrological Calendar showing the day and times of planetary aspects for the FTSE, for the month of  August, 2012.

Click image to view full size calendar.

August 2012 Astrological Calendar - Transits for Sydney, Australia, The ASX

Astrology calendar showing the day and times of planetary aspects for the ASX, for the month of August 2012

Click image to view full size calendar

The New Moon in Cancer

Astrological Investing New Moon forecasts show general trends and financial outlook for the month

Cancer New Moon, July 19, 2012, NY, NY

Summer is here and it is hot, hot, hot - unless you live in the UK where it is cloudy and wet, wet, wet! Global weather certainly has seen it's extremes, and this will continue throughout the summer season.

In the Summer Solstice article (click to read) Uranus is in the fourth house of the chart suggesting the unusual, disruptive, destructive weather we have been having. "One never really can predict Uranus energy as it represents
what is unexpected - Earthquakes, floods, tornadoes, hurricanes, and loss of electricity due to the unusual weather are possible."    We have had it all!

The New Moon in Cancer, July 19- Chart from the point of view of Wall Street and the NYSE.- The New Moon brings out The Courageous and The Optimists... again!

Mars in the sixth house trine Jupiter in the 2nd - One can't help but believe these risk takers are walking a tight rope. Mars is involved in a T-square with Uranus and Pluto.

Alone, Mars in opposition to Uranus has received a bad reputation, but involve Pluto and it certainly has the
potential to live up to it! Read Randall Ashbourne's recent Eye of Ra Report where he discusses "Back testing the Mars-Uranus crash " (Read Week beginning July 9, 2012)

An Astrological Trip Around the New Moon in Cancer Chart
New Moon in the 4th house, unaspected. In fact, six planets in this chart are not involved in a major transiting planetary aspect. It's not unusual to have a few planets unaspected in these mundane charts - because one needs to consider only close waxing aspects - however, this month there is more than usual.

Unaspected planets are free to act with pure archetypical energy, unfiltered and unaffected by the other planets.  But because they lack dynamic energy prompted by hard aspects, or have the grace of easy aspects it's hard to predict if they will act at all.

The New Moon is near the last degrees of Cancer and the Moon goes void of course after making the conjunction with the Cancer Sun. The market really doesn't know what to expect this month - is the Fed going to offer QE3 or not?  Will the European banks ease again? What is happening in Asia? Looking at technical charts appearing somewhat positive while the world’s economies appear in trouble, we are not really ready to trust this market.

In Mundane Astrology the New Moon in the fourth house is considered favorable for land and real estate, and good for crops; generally favorable for the opposing party in government, and unfavorable for the current government in power.

Venus, ruler of the Taurus rising chart, is in the 2nd house along with Jupiter. But not closely involved with other planets either! The waning conjunction with Jupiter and waning trine to Mars are aspects that have happened before the new Moon, and not worth considering after the fact.

However, Venus in the second house is a favorable position, so this New Moon has the potential to live up to the New Moon Promise of a temporary high at the time of the New Moon relative to the direction the market is trending.  (Read Randall Ashbourne's article, The Moods of the Moon - Trading the Mood Swings of the Monthly Lunar Cycle

Mercury is Retrograde in the fifth house - Again, here we have a planet not involved in any major aspects! No news is good news? REally??? The stationing retrograde has occurred on the 15th. (Read the HEAD'S UP section below)

Mars in the sixth house - Opposing Uranus in the twelfth house and Square Pluto in the ninth
Pluto square Uranus is THE most significant and dominating aspect of the summer. Mars is setting this aspect off with an opposition from the sixth house. With Uranus we can expect only the unexpected - if we can manage that! Uranus traveling through a veiled and mysterious space in the chart, the twelfth house suggests hospitals, charitable institutions, and prisons are the areas that may be highlighted. With Pluto in Capricorn we can pretty much be assured the unexpected events will have something to do with money, debt, and world governments.

Saturn in the sixth house - the waning square with the Moon and Sun has past - Frustrated trade union workers and unacceptable unemployment numbers... the health of the economy and the bleak job picture is a serious concern. Where are the jobs? The Supreme Court has upheld the Affordable Health Care Act, but many wonder "is it really affordable?" The US election has become a referendum on the health of the economy and Obama's signature legislative act.

Neptune in the eleventh house - Yet ANOTHER planet not in aspect with another planet in the chart! There isn't much possibility of the legislative body in government getting anything done.

***
Commentary - Reading a mundane horoscope for the lunar month gives us a broad picture of the astrological landscape we expect to encounter during the month. Astrological energy affects the market, however, astrology is a timing tool to use - knowing the potential of planetary cycles and what the technical charts tell us is our best bet for successful trading. We need to see the whole picture.

Randall Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the
probability of what to expect - Each weekend, my associate, Randall Ashbourne writes a stock market forecast in his Eye of Ra Report on his web site, http://www.theidiotandthemoon.com/. The information on the web site is free, I hope you take advantage of the valuable information he shares in his books and on the web site.

My bad - Last month I alerted ya'll to Neptune square Jupiter on June 25 I said, "In all probability there will be higher fuel prices and an increase in demand for crude oil. The zodiac sign Pisces, and the planets Jupiter and Neptune all have "rulership" over crude oil in modern astrology. A square aspect suggests either an increased demand or an decrease in supply of what the planets rule. Considering the Uranus square Pluto aspect on the 24th and the current world's political atmosphere, prepare for higher fuel prices." I was wrong - prices went lower.

However, I am correct about the square aspect with Jupiter. A Jupiter square does promise either an increase in demand and/or decrease in supply of what the planets and signs signify. In this case, with both Jupiter and Neptune ruling oil, it is the oil industry. Supply has become greater than demand because of a weak world economy. I was considering the world's political atmosphere in my prediction and didn't factor in the condition of a weak global economy. This is a case of the astrology being right, but the astrologer missing the mark.

***
Moon Phases (for our subscribers who trade using phases of the Moon) New Moon July 19 - 1st quarter Moon, July 26; Full Moon, Aug. 1; Last quarter Moon, Aug. 9; Next New Moon, Aug. 17.

HEADS UP! - Critical Astrological Transits this Lunar Month -  Read the Heads Up section of this report in it's entirety at www.astrologicalinvesting.com/html/newsletter.html


The New Moon forecast does do not get posted until the day of the New Moon. The next New Moon will be: New Moon in Leo, August 17, 2012.    

Subscribe to our newsletter if you would like to receive the next forecast before the next New Moon.  Announcements are delivered along with the Astrological Investing New Moon Newsletter before the new moon is posted to the web site and the blog. Click to subscribe to the newsletter.


Safe Trading!  Marley

Analysing the risk of a high speed U-turn

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 16, 2012

Analysing the risk of a high speed U-turn

 High volatility is likely to continue in world stock markets over the next week ... with a higher-than-normal risk of a severe U-turn developing into the end of the month.

This weekend, we will examine the tendency of markets to go into a spurt-and-reverse cycle when the boy messenger of the Old Gods goes Rx. The retrograde movement of planets is an optical illusion. They never actually reverse course.

However, when viewed from the Earth, they sometimes seem to go backwards ... and as ancient astrologers watched the waltz of the planets, they added nuances to the symbolism of their interpretations. For example, if you happen to have Saturn Rx in your birth chart, there's a very, very strong chance your father will "go missing" by the time you reach your early teens.

Oh, I know that has nothing to do with financial astrology! But then, we both know you don't come peeking into the fortune teller's tent just to hear me waffle on about the dead Italian guy or whether the Canaries are croaking.

So, we're going to begin this week with a little look at The Trickster ... Mercury in Rx mode.

Let me start with some background.  The late Kaye Shinker, who was kind enough to review The Idiot and The Moon when I published it online a year ago, made a specific study of the Merc Rx impact on the Dow Jones Industrials and came to the conclusion that most of the time, the Dow would end the Merc Rx period with price within 1% of where it started the cycle.

To put this simply ... on August 8, the price of the DJI should be within 1% of where it closed last week.

Ray Merriman, the guru of financial astrologers, has noted a tendency for stock markets to start a move at the Rx date and then reverse course halfway through the cycle; which is just a variation on Kaye's findings.

Now, I guess if I were an American, I'd probably be from Missouri; IF my memory serves me correctly, that's the "don't tell me, SHOW me" State.

So, I'll show you.

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There's a lot to absorb from the chart above, but firstly let me apologise for that irritating thick, pink vertical; it's a glitch in the software that occurs when a planet enters Aries. Please try to ignore it.

Okay, so this is a daily chart of the SP500 and it's obvious the index has a general tendency to travel within Mercurial corridors and finds either Support or Resistance when it meets up with the planetary price lines.

The retrograde periods begin when the pink lines stop rising and start dropping for a few weeks, before resuming their upward direction ... which is the shift from Rx to Direct again.

I've inserted black verticals at both the Rx and Direct dates. If you look closely at the three most recent instances, it's fairly easy to see what Kaye and Ray talked about. In the first example to the left of the chart, the index was dropping already, but continued the drop before bouncing roughly halfway through. By the time of the second black line for that cycle, price had climbed back very near to the bar marked by the very first black vertical.

In the second instance, the Merc Rx date produced a strong rebound ... changed direction about halfway through ... and then began climbing again after Mercury Direct.

The effect isn't quite as obvious in the third instance, but it is true that the price of the index at the second black line of the cycle was pretty damn close to where it was at the first vertical.

So, what does it all portend, eh? Well, as I said earlier ... a higher-than-normal chance of a spurt-and-reverse ... either a rally or a decline which goes high-speed into a U-turn halfway through the cycle, which means around July 27.

Okay, so that's the "show me" part. Now let me deal with some other astrological stuff about Mercury Rx. Some astrologers warn against trading during this period; others will tell you that the technical read-outs will give an abnormal number of "false" signals. I'm not one of them.

Mercury goes Rx for a few weeks at a time three or four times a year. I don't know about you, but I think life is too short to spend a quarter of the year sitting on your butt worrying and doing nothing because some pissant rock appears to be going backwards.

My real-life experience of Mercury Rx is this ... YOU make mistakes. And, usually, because you're not concentrating. I've learned over the years that the worst that happens is that I occasionally hit the bloody Buy button when I meant to hit the Sell. So, double-check everything you do for the next few weeks and make sure you actually did what you intended to do. And the chances are you'll get through the cycle totally unscathed.

Now, I guess I could tell you that's the end of The Spooky Stuff for this week ... but ... cue the X Files theme music, please ...

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Yes ... it's the FTSE ... and yet another bounce from contact with the rising Sun line!! Spooky, indeed. How long will it last? GeeZeus, why are you asking me?! Okay, we're starting to get increasing fade-out in the state of the green and red Canaries - the green one is short-term and the red is intermediate. The yellow bird, the long-range, is still okay. But, the internal strength of the rally is starting to wane. That's the only daily we'll be looking at this week because I want to have a look at the big picture, especially with the high volatility implied by the Mercury Rx cycle and the Mars-Uranus potential for a crash cycle we went into last weekend.

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The chart above is a monthly Gann for the FTSE. She lost the primary Gann angle on a closing basis in May, but has regained it, though June ... and July so far ... have failed to recapture the totality of the earlier losses.

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Turning our attention again to Pollyanna, the SP500, it has also failed to recapture the earlier losses. It is playing by the Bi-BB rules outlined in The Technical Section of the book. I draw your attention to the three instances of negative divergence in the height of the fast MACD histograms, compounded at the price high by a lower peak in the MACD signal lines. The climate grows increasingly toxic, despite the hopes of a QE3 bailout from Ben.

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Last week's decline stopped on contact with the 1325 long-range Node target and bounced back to finish near the Pluto line at 1358.

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The ASX 200 has recovered about two-tenths-of-bugger-all of the May plunge. The extremely small range consolidation over June and July-to-date is either extremely Bullish or unbelievably Bearish. I have a very strong leaning towards the latter scenario. The depth of the long-range Canary plunge last August and the index's extremely weak recovery ... in an economy supposed to be one of the strongest in the Western world ... suggest things could get really ugly, really fast.

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I've mentioned a couple of times recently the importance of the 50% retracement levels. The blue Fibonacci lines are the range of the 2007-2009 plunge and the red ones are the Rx levels for the 2009-2010 recovery rally. As y'can see, the post-plunge recovery stalled out at a 50% Rx ... and last week found Support at the 50% level of the smaller range. Okay, that's the show for this week, folks! At some stage, hopefully within the next week or so, I'll write a new piece for the Articles section of the site dealing with how to use The Idiot and a couple of really basic techie tools to trade intraday charts.
In the meantime ... Safe trading - RA

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.
Important reading:  Randall Ashbourne's article, Jupiter's cycle and its effects on Wall Street and a posting of the weekly Eye of Ra report in this blog, titled A look at the Venus Retrograde effect
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2012

Backtesting the Mars-Uranus crash cycle

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 9, 2012

There is a very famous American financial astrologer who makes dire predictions whenever Mars is about to make a harsh aspect with the old weirdo, Uranus. So, this weekend we're going to examine the historical reality of whether there really is a Mars-Uranus crash cycle, since we have the potential for one to develop in the next couple of weeks.

And we're also going to revisit some comments I made a month ago about Jupiter's sign change to Gemini shifting the money flows.

Overall, the high-energy days for the coming week are likely to be Thursday and Friday, when both Mercury and Uranus go Retrograde ... and the Sun moves in to square Saturn. But, it is the following week which is likely to be much more volatile as Mars, now in the Cardinal (action) sign of Libra, squares Pluto and opposes Uranus

The Sun square to Saturn, coupled with Uranus going Rx as it's fired up by Mars, do symbolise a major energy shift which has the capacity to turn markets and accelerate the moves.

But, before we get to that, I want to return to some comments I made about Jupiter changing signs to Gemini.

I said: "With Jupiter in Taurus, for example, the emphasis has been on banking and debt - the Taurus/Scorpio axis; and also on technology and gold, the Aquarius/Leo axis. I think most of you will agree that banks, brokers, Apple and gold have been the topics de jour for all the time the FatBoy has been in Taurus.

Slowly, you'll see a change; transportation, travel, health, labour and oil will begin to fill the news pages."So, this weekend we're going to examine the historical reality of whether there really is a Mars-Uranus crash cycle, since we have the potential for one to develop in the next couple of weeks.

Now, let me indulge in a little bit of basic astrology for those of you unfamiliar with the arcane details of The Spooky Stuff. Jupiter was head honcho of the Old Gods and is associated with all the good things - he expands whatever he touches.

So, while he was in Taurus and opposing Scorpio, the banks and debt got exaggerated ... and because the FatBoy was squaring the Leo/Aquarius axis, the effect also impacted on gold and the technology sector.

In early June, I indicated the emphasis would start to change. Gemini rules transportation and the media; Sagittarius rules foreign travel, universities and the law; Virgo is labour, accountancy, health; and Pisces rules oil, shipping, hospitals, prisons and (with Virgo), big pharmaceuticals.

The effect of Jupiter is to expand either the supply OR the demand. I really want to emphasise that point ... the supply OR the demand.
Several news reports caught my eye during the week.

NEW YORK - US stocks have racked up solid gains in a holiday-shortened trading session, boosted by reports of strong June sales from the leading US auto makers.

Data showing that car sales in Germany are resisting the eurozone crisis drove Frankfurt's DAX 30 index up 1.26 per cent to 6,578.21 points.

DETROIT - The Big Three US car manufacturers have reported strong domestic sales for June, capping a solid first half of the year even as US economic growth overall remained weak.

DETROIT, July 3 AP - General Motors Co said its US sales rose 16 per cent in June on solid demand for small and midsize cars.

PARIS - US aircraft maker Boeing has raised its 20-year forecast for global demand for airliners by $US500 billion ($A489.21 billion).

We've also been treated to plans by News Corporation to split itself into two divisions. And, there was a very interesting story about how a massive fleet of Chinese coastal shipping - somewhere between 1500 and 2000 cargo vessels - is now competing for traffic volume worldwide because trade between northern and southern China has declined massively.

So, this is an example of how it works. Jupiter in Gemini squares the sign of Pisces, which rules shipping, and the SUPPLY of ships suddenly becomes terribly exaggerated.

Jupiter opposes Sagittarius, the sign of foreign travel, and Boeing gears up for a big increase in DEMAND.

Jupiter enters Gemini, the transportation sector, and the DEMAND for new cars surges ... or the world's biggest media conglomerate splits into TWO (always a Gemini signature!).

I revisit this issue because a sign change by Jupiter is one of the more reliable astrological predictions ... the money flow WILL change to different sectors, either the supply OR the demand will escalate dramatically in those sectors ... and there are substantial profits to be made by getting out of the former and piling into the latter.

So, it could prove to be worthwhile to look at the technical state of the charts for car manufacturers and transport companies (including railroads), big pharmaceutical companies, oil companies, media stocks, airlines ... and any companies associated with supplying services to either them, or hospitals, prisons etc.

***
Okay, now let's turn our attention to whether or not there really is a RELIABLE Mars-Uranus crash cycle. We'll concentrate purely on the opposition aspect, since that's the one due to become exact in the next couple of weeks. I do need to emphasise that this next one occurs with a simultaneous square to Pluto, so is more likely than usual to have an impact, especially since all three planets are in the early degrees of Cardinal signs.

We will begin by examining the impact on the SP500 in recent years.

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We're looking at a weekly chart of the Pollyanna index and the Mars opposed Uranus aspects are marked with red bars. And it's immediately obvious that the aspect does NOT necessarily provoke a market crash. Of the seven instances marked on the chart, only two turned up near important Highs. Four of them occurred nearby important Lows.
What gets some astrologers overly-excited, is that it was one of the aspects in effect at the start of the Great Crash.

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The chart above shows the Dow Jones Industrials from the late 1920s to early 1970s - and one can see why the arrival of Mars opposed to Uranus sets the alarm bells ringing. The aspect does have an overall tendency to occur very nearby the start of some very bad crash cycles.

But, it's not a certainty, as we can see in the chart below, which covers the Great Sideways Shuffle period in the DJIA from the early 60s to early 80s.

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Okay, it's almost time to stop waffling on about les Spookies and turn our attention to the techie charts. The point I wanted to make is that astrology does have its uses. There are some things it is very good at predicting reliably - which is the sector shift caused by Jupiter changing signs.

And there are other things which get some astrologers very, very excited ... but which are a tendency, rather than a reliable certainty.

At the risk of boring you all silly, I will repeat the mantra again ... Astrological expectations do NOT over-ride technical conditions!

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As I said last week, there are only two really important horizontal lines of Support/Resistance for the 500 ... and, GeeGolly, looks like they continue to be important, eh?


And we've been discussing this one, too, for the past few weeks - expecting she'd face some hurdles at the 1340s and 1360s. We have some relatively mild divergence showing up at last week's pre-holiday peak in the height of the MACD histograms ... and the potential is showing on the earlier weekly chart for the intermediate-range Canary to be turned down from a hit of the Zero line.

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Let's go to London's FTSE.

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I introduced this chart a few weeks ago to show the potential for a the index to launch a rally from contact with the rising (diagonal) Sun lines ... but I'd like you to compare the planetary chart with the technical one below.
And the reason is I want to emphasise to those of you on a budget that you don't need really fancy software. In the chart below, the bounce came from a hand-drawn trendline, which then allowed us to set up some Fibonacci Retracement targets. Targets which have worked very well!

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All of this comes back to the point that trading profitably does NOT have to be terribly difficult. WE make it difficult by clogging our brains with crap. Simple works! Simple works really bloody well. Shut out the noise ... pay attention to the simple charts you've drawn for yourself ... watch for divergence in the oscillators when Price is hitting predetermined levels of Support or Resistance.

I'll leave you once again with Auntie's Weekly Planets chart for the ASX 200.

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Safe trading - RA

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.
Important reading:  Randall Ashbourne's article, Jupiter's cycle and its effects on Wall Street and a posting of the weekly Eye of Ra report in this blog, titled A look at the Venus Retrograde effect


(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2012