Saturday, January 26, 2013

2013's first major trend change date

Randall Ashbourne, an associate of Astrological Investing, posts a weekly market report on his web site, The following is this weekend's Eye of RA report: Week beginning January 28, 2013

Sun square Saturn / Jupiter Stationing Direct, Jan 30, 2013
This week kicks off with a critical reversal date, the first for 2013.

The Bradley Model roadmap for the year suggests that whatever starts this week won't undergo another major change of direction until the later part of June.

Triggers for the potential change are the Sun making a square aspect with Saturn and Jupiter shifting to Direct from Retrograde.

In a moment, we'll take a look at the track record of both these events, due to occur on Wednesday, NY time. While many markets have been rising steadily into this timeframe, it would be unusual - statistically - for them to top out going into the Full Moon.

The FM-3Q period, which covers all of the coming week, is normally a relatively strong rally period.

Those of you who have access to Forecast 2013 will know that last year, many of the world's top stock indices put on most of their gains during this 7-day lunar phase.

The SP500 put on 7% during the FM-3Q periods; India's Nifty, Germany's DAX and Hong Kong's Hang Seng rose 19%, 18% and 17% respectively; Singapore rose 12% and the ASX200 put on 10%, which was almost its total gain for 2012.

So, expecting a major trend change to develop here does fly in the face of the "normal" statistical tendency for many markets to rise strongly during this lunar phase. Last year, this phase was negative only 3 of the 12 times for the SP500.

Let's take a look at past performance of Jupiter going Direct and the Sun squaring off with Saturn ...

We'll use a weekly chart of Pollyanna, the SP500 - with the arrowed blue bars showing the weeks Jupiter changed to Direct and the red bars the weeks in which the Sun squared Saturn.

Of the past 6 Jupiter signatures, three came in nearby significant lows and the others led to a downturn for at least a few weeks. Of the 14 Sun/Saturn squares, 4 produced intermediate tops.

The combined strength of the two signatures, happening on the same day this week and with some negative reinforcement from Mars making a parallel aspect with Saturn, is enough to cause a trend change.

But, even if it does happen, I have some doubts that it will continue all the way to late June. And that's because my big Canary is still warbling sweetly.
Click image for larger view

Note that the oscillator has hit a new peak in line with the higher price of the SP500 weekly. In brief, no negative divergence warning.

It means, under normal circumstances, that we have not yet seen the index hit its highs for the year. It is, of course, now within a few dollars of one of the major planetary price levels which should cause a downwards reaction ... and there is resistance overhead from a channel line.
Click image for larger view

The Nasdaq 100, NDX, still can't close above the Uranus barrier which has blocked its rise for the past month ... still leaving the potential to form the right shoulder of a negative pattern. If you're trading the Nasdaq, it would be worth keeping a close eye on that level, as well as consulting the Moon Trading results on Page 24 of the Forecast.

Across the lakes ..
Click image for larger view

Canada's TSX60 (capped) continues its rise. This appears to be a Uranus-to-Uranus zone bounce and stalling here would not be a surprise. The current height of the histograms is a tad negative, even though the MACD signal lines are strong. As with Pollyanna, though, Toronto probably has higher prices as its target over the course of the year.

London is next ..
Click image for larger view

When I last published this chart for the January 14 edition, the FTSE was sitting at 6101 and I said: " ...there's a chance it's on a run between Uranus/Pluto barriers. If so, it's heading to somewhere between the 6200s and 6400s before real trouble starts."

It's now well inside that zone ... and with no warning klaxons going off in the fast MACD.

Click image for larger view

India's Nifty hasn't done much since we last looked at its Weekly Planets chart, still testing the validity of a Neptune level. The oscillator is showing signs of negative divergence, but there is little reason to be unduly concerned while price holds the Neptune line and the Canary maintains itself above the +100 upper red line in the indicator panel.

 Singapore ...
Click image for larger view
The Straits Times Index still appears to be engaged in a run to Neptune in the low 3300s. The MACD histograms are making progressively lower peaks, though the signal line is strong. This Neptune has stopped the STI twice before and the index is unlikely to breakout strongly above it, without first retesting the support levels of the Saturn lines.

Australia ...
Click image for larger view

No oscillator divergence; the Canary is happy singing away. Happy Australia Day!

Safe trading - RA

Read January 21, 2013, Click Here.

Randall Ashbourne
Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2013, 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 2013 , 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 - 2011-2013

The Idiot and the Moon, Forecast 2013
  • Major trend change dates for the full year, plus a month-by-month breakdown of high-energy trading dates and critical reversal dates.

  • An index-by-index analysis of Moon Trading across major American, European, Asian and Australian stock indices-

  • Identifies the major indices where following the phases of the Moon can dramatically cut profits, or even result in large losses.

  • Old Gods & Gold ... a Eureka! discovery about exactly what drives gold prices during rallies and corrections and charts showing highly-reliable target levels to both the upside and downside.

These price charts are individually-tailored to each index and cover Wall Street, Australia, Canada, Hong Kong, Singapore, Shanghai, India, England, Germany and France.

You will not see these charts anywhere else on the Internet!

And much more...




Post a Comment

Note: Only a member of this blog may post a comment.