Saturday, September 28, 2013

Libran "balance" can be very chaotic!

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 Sept, 30, 2013

Sometimes, the velvet glove just puts a pretty face on the iron fist.
We need to talk about The Spooky Stuff this weekend ... because there's a surprising amount of danger involved.

The Sun is now travelling through Libra and will be joined by the Moon late this week for a New Moon, statistically a high point in market prices.

The New Moon is closely opposed to Uranus and square to Pluto, again setting off the tension we've discussed at length over the past 2 years.

Libra is supposed to be one of the really nice signs of the zodiac. Symbolically, it represents a drive for equity, harmony, fairness, balance and diplomacy. Supposed to be. Sometimes, the velvet glove just puts a pretty face on the iron fist.

Which is precisely what we're seeing again as the Obama White House engages in another battle about debt with the Republican Congress.

Instead of playing nice with each other we see yet more nuances of the Uranus/Pluto square, which pits demands for radical reform against entrenched defence of the status quo. And, perhaps typical of Libra, both sides are on ... both sides.

Obama is determined to get radical reform of healthcare, while raising the debt ceiling to keep the Government functioning; Republicans want radical reform of spending and the scrapping of the healthcare reforms.

All that aside, past performance suggests the Sun travelling through Libra is nearly always a volatile time for the stock market.

The chart below shows the performance of Wall Street's SP500 since the late 1990s, with the red bars depicting the Sun's annual move through Libra.

Libra is one of the Cardinal signs; an action sign. And it does tend to produce some very strong action ... and not much "balance".

There are 14 Libran Sun periods on the chart before the current one ... 9 of them produced significant lows, 2 produced significant highs. That's 11 of the 14 which turned the markets in a very significant way.

With odds like that, it's probably not a good time to nod off. Even the three periods which did not occur with a high or low produced a lot of action ... a strong rally in all three cases.

Our next chart is Pollyanna's New Moon/Full Moon chart. We discussed the implications of this channel last weekend because of the rarity of making a Full Moon price high.

New Moons are the thick red dotted bars (statistical high) and Full Moons are the thick blue bars. Check back through the performance and we can see it's unusual for the SP500 to drop directly into the New Moon. The tendency is to at least bounce for the few days into the NM date; Friday of this coming week.

Remember, too, that we have a Bradley Model trend change date next weekend. Check the Archives for last weekend's edition if you missed it.

You'll notice on the New Moon chart that Polly closed Friday with another visit to the red parallel of the channel she'd been following for most of the year.

It was also a gap-filling, Fibonacci Retracement level of the post-June rally. I indicated early in the year I was starting to keep manual charts for Pollyanna because of the inaccuracy (total lies) of the official figures from the NYSE.

As you can see, the real Opening figures show she's been gapping all over the place for the past few months. While contact with a supportive FiboRx level and the rising trendlines indicates the potential to show a "normal" bounce into the New Moon on Friday (and the Bradley date), there are two very obvious gaps crying to be filled ... the black line at 1672.40 and another down at 1593.79.

Now let's turn our attention to where we are in the bigger picture. Last weekend, I showed a monthly version of the following weekly channel chart and mentioned Big Bird on that chart was only just starting to show signs of negative divergence.

If we apply a general rule of normalcy ... and I emphasised just how normal that monthly chart was ... we cannot transform from Bull to Bear without clearcut divergence in the monthly Big Bird.

But, as I've said, weekly Big Bird has fallen off his perch and is squarking horribly. It's not screaming Bear! ... but it is giving increasingly shrill warning signs of another multi-week correction.

While the chart above uses the simple trendline/channel techniques outlined in The Technical Section of The Idiot & The Moon, we can also use Andrew's Pitchforks to get a good idea of where we are - and some sense of where we might be going.

The chart below shows both the long-range rising fork and the potential for more relatively near-term declines. Just "eyeball" the chart for the big picture overview.

Because once we see the broad picture, it's easier to spot exactly where we are within the broader context.

We can see Miss Polly topped out two weeks ago with a touch of the central blue tyne of the rising, long-range fork. It was also the place where the last Fibonacci outlier of the falling fork came into play.

We don't really need ALL of these methods. Too many cooks spoil the broth; too many charts befuddle the brain. Still, we see Polly ended the week with a touch of one of the important internal Fibonacci lines of the rising fork.

So, what we seem to have is the potential for what would be a normal New Moon bounce this week. But we also have an intermediate-range Big Bird which is decidedly unhappy with the state of affairs and disagrees very, very strongly with the legitimacy of the recent price rises

We have a significant, month-long Bradley trend change indicated. And we have the potential for the Libran Sun to cause chaos and sharp price moves. Caution, anyone?

Safe trading - RA

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
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2013

Thursday, September 26, 2013

October 2013 Astrological Calendar - Transits for NY NY, The NYSE

Astrological Calendar showing the day and times of planetary aspects for the NYSE, for the month of October, 2013.
October  2013 Astrological Calendar - Transits for NY NY, The NYSE
Using locational transiting aspects is critical in market timing.

To have these calendars BEFORE they are posted each month, they are available to purchase.  They come complete as full 13-month calendars January 1, 2013 through January 31, 2014.

There are three separate 13-month calendars - with transit to transit aspects for the NYSE, FTSE, and ASX.

SALE! - These can be purchased individually for $4.00, or all three for $10.00

The calendars are perfect for viewing on an iPad or other electronic reader - and they can be printed.  Included are dates of Moon Phases, Planets Stationing (changing directions) and Eclipses, as well as a schedule of open hours and days for each market. 
Click here to purchase

October 2013 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 October, 2013.
October 2013  Astrological Calendar - Transits for London, England, The FTSE
Using locational transiting aspects is critical in market timing.

To have these calendars BEFORE they are posted each month, they are available to purchase.  They come complete as full 13-month calendars January 1, 2013 through January 31, 2014.

There are three separate 13-month calendars - with transit to transit aspects for the NYSE, FTSE, and ASX.

SALE! - These can be purchased individually for $4.00, or all three for $10.00

The calendars are perfect for viewing on an iPad or other electronic reader - and they can be printed.  Included are dates of Moon Phases, Planets Stationing (changing directions) and Eclipses, as well as a schedule of open hours and days for each market. 
Click here to purchase

October 2013 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 October, 2013.
Astrological Calendar for planetary aspects for the ASX, October 2013

Using locational transiting aspects is critical in market timing.

To have these calendars BEFORE they are posted each month, they are available to purchase.  They come complete as full 13-month calendars January 1, 2013 through January 31, 2014.

There are three separate 13-month calendars - with transit to transit aspects for the NYSE, FTSE, and ASX.

SALE! - These can be purchased individually for $4.00,or all three for $10.00

The calendars are perfect for viewing on an iPad or other electronic reader - and they can be printed.  Included are dates of Moon Phases, Planets Stationing (changing directions) and Eclipses, as well as a schedule of open hours and days for each market. 
Click here to purchase

Sunday, September 22, 2013

The Autumnal Equinox

Autumnal Equinox, Sunday, September 22,  4:44:08 pm  EDT +4:00  chart for Washington D.C., by Marlene Pfeifle, CAP
(read article in full)

The entrance of the Sun into one of the four cardinal signs - Aries, Cancer, Libra and Capricorn - are the most important solar ingress charts of the year. 

The arrival of the sun, moon, or planet into a zodiac sign is known as an "ingress". Mundane astrologers draw up charts based upon the moment the ingress, and they apply their interpretation of the influence of the planetary phenomena to nations and large communities.

The entrance of the Sun into one of the four cardinal signs of the zodiac form the background in which various other astrological events take place during the seasons - Spring, Summer, Fall and Winter . These charts furnish, what H. S. Green calls, "a framework or skeleton outline of the year."

The ruler of the rising sign of the chart and the Sun's placement in a solar ingress chart govern the energy of the chart. It is important to note that the ingress chart influences, but does not override, the impact of eclipses and major outer planet transits that take place during the season.

Listed on the web site article, in the column on the right, are the significant astrological events that may create volatility in the market this season.

Come senators, congressmen
Please heed the call
Don't stand in the doorway
Don't block up the hall
For he that gets hurt
Will be he who has stalled
There's a battle outside
And it is ragin'
It'll soon shake your windows
And rattle your walls
For the times they are a-changin'... - Bob Dylan


The 2013 Equinox chart for the Washington, D.C. is governed by an extreme level of challenging energy. Aquarius rises in the Equinox Chart giving Uranus and Saturn rulership over the chart. The Libran Sun in the eighth house strongly supports the planetary influence of the rulers. Aquarius is a "fixed" sign, therefore the energy governing the chart will be a strong and enduring influence throughout the season.

There is a sextile - and mutual reception - between Saturn and Pluto supporting Saturn's influence, which adds intensity to Saturn and bestows more authority to Pluto in the challenging square between Pluto and Uranus.

Virgo on the cusp of the eighth house - where the Libran Sun resides - adds magnified observation, critical precision, and a refined level of intensity to all matters associated with the eighth house, Scorpio's natural domain. Venus, the ruler of Libra, is in Scorpio - a sign where astrologer's describe Venus as in its "fall"- a sign that inhibits positive attributes of Venus. Add to that, Venus is conjunct Saturn. Whew, that's a lot of restrained, frustrated, challenging energy!

And yet there is more! Magnifying this energy is an applying T-square with Venus-Saturn, Moon, and Mars. Astrologers are known to quibble over the size of orbs allowed between aspects - the opposition shown in the chart above from the Moon to Venus and Saturn squares Mars within three hours of the Sun's entrance into Libra, however, had I allowed for a wider 5 degree orb instead of a tight 3 degree orb, the chart would show red lines drawing a stressful T-square between the Moon, Mars, and Venus-Saturn.

Saturn, Uranus, and Pluto dominate the season - Expect challenge and uncertainty. But... look around, read the news - one can surely recognize that Bob Dylan's song, which captured the tumultuous spirit of the '60's, could have been written today...

"The line it is drawn, The curse it is cast, The slow one now Will later be fast, As the present now Will later be past, The order is Rapidly fadin', And the first one now Will later be last, For the times they are a-changin'..."

 (Read chart analysis and discussion of astrological events..)

Saturday, September 21, 2013

Putting a number on the sign of the Bear

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 Sept, 22, 2013
once the line is broken
..once that line is broken....
For months, various Fed heads have seized almost every opportunity to talk about tapering.

Until last week, when Benny the Benificent did his best Huck Finn impression: Aww, shucks. We wuz just pulling yuh leg.

In plain-speak the message was clear: The American economy is still so deeply in the mire, Ben can't pull the plug on his bubble bath without sending Wall Street down the gurgler.

But Benny is winding-up his term and his blow-up Bull run may well expire with him. The truth is the long-range technical conditions are finally starting to sag.

They are not yet at the stage where the warning sirens are so loud and dangerous that the inevitable collapse seems imminent. And, probably, few of us doubt that Ben will do whatever it takes to prop-up the markets so it doesn't all fall to pieces while his reputation is on the line.

We'll spend this weekend having another look at the big picture position of the SP500 ... and of gold.

Both markets enjoyed a sudden and stellar jump last week, only for it to fade almost as fast as it arrived. In fact, gold finished the week with absolutely no change from the previous week.

And now that the tapering talk seems to have been dismissed as all a big misunderstanding, the street talk has moved on to the next potential crisis ... the official US debt ceiling.

Enough of all that ...

Let's just ignore the constant chatter and look at the state of the charts ... and maybe even try putting a number on the return of the Bear.

Since the last Bear Low in early 2009, Miss Pollyanna has been rising in a clearly-defined channel. In fact, it's really quite remarkable how steady, sane and well-behaved it has been ... something we totally miss when we're caught up in the news cycle and the daily jerks and squiggles.

What is the single most important thing about the chart below? Simple. Every High has been higher than the previous one; every Low has been higher than the previous one.

That's the classical definition of a Bull market. And it stays a Bull until ... a lower Low is made, followed by a lower High.

For the moment, the line-in-the-sand on the SP500 is 1560. Once that line is broken, the odds will have increased dramatically that Wall Street is back in the grip of a Bear market.

Last year, I had expected that the statistical tendency of markets to top out with Jupiter in Taurus was in play. But, I also kept talking about the "elephant in the room" which threatened to poop on my Bear rug ... the lack of any negative divergence signal from the Big Bird oscillator, the 50CCI.

I marked the two key areas with yellow ovals. While there was negative divergence at the 2007 top, there was none last year. Now, however, we are starting to see the first signs of faltering.

But, the final peak for this Bull run might still be months away. We appear to have had an inversion in the Bradley Model. Purely from an eyeball glance.

I have stressed in the past that it is the dates which are paramount with the Bradley; not the size nor the direction of the change. The model for the year suggested a major change of direction around June 22. And, with the benefit of hindsight, it appears to have marked a clear Low, not a High.

 As we can see, market prices had been tending to follow the direction of the plotted Bradley line. Yet, the "peak" of June 22-24 ... which predicted a major trend change lasting all the way through to late December ... seems to have timed, virtually perfectly, the last major low.

I've marked the major trend change dates for the rest of the year on the chart. Let me stress again: IGNORE the direction of the plotted line and pay attention to the dates. We cannot guarantee there won't be another inversion. An ongoing rally ... with weakness in October ... seems to "fit" the expectations. Let's just not get married to the idea.

We may also have had a short-term inversion last week ... a relatively rare Full Moon high. Statistically, Full Moons tend to bring in a near-term Low.

In the chart below, Full Moons are the thick blue bars with a dot; New Moons are the dotted red bars. There was really only one previous Full Moon high ... and price went into a sideways shuffle until the next New Moon started a decline.

Another point of interest shown by the NM-FM chart is the obvious deceleration starting to occur - something which is not at all obvious on the monthly channel chart at the start of this weekend's edition.

We can see how, for the first half of this year, Miss Polly rose steadily within a climbing channel. And then it started to breakdown. So, we added a red parallel below the original channel.

And the next breakdown dropped below that red line ... and last week's jump stalled short of climbing back inside the original channel.

Warning signs.

The direction of the next major move in gold is still unclear. Last week's shenanigans had the EW labellers going nuts. No-one seems absolutely certain whether the big correction is over.

In the most basic terms, greenback gold remains locked within the confines of a downtrend channel. There is definite improvement in all three of the Canaries, including Big Bird who has at least reclaimed the "normalcy" zone between the upper and lower red lines which tend to mark oversold and overbought territory.

For a brief period after the Fed's backflip, gold regained the primary Pluto line at 1360 and looked as if might hold it. Until Friday's slump wiped out the gains and left things exactly where they were at the end of the previous week.

Even Goldman Sachs doesn't know what's happening with gold. Last week caused its two most bearish analysists to have a change of heart. They had been warning of a slump down to around $1000. Now they're back talking about the 1400s again.

Looks like even the great GS believed all the taper talk.


Finally, below, the Weekly Planets chart for my home index, the ASX 200. Again, it's had a strong two-week run north, in contravention of the statistical tendency of the NM-FM phase.

After spending a few weeks trapped by the overhead Neptune in the 5130s, the index broke free and hit the Uranus barrier at 5290. Big Bird grows increasingly sick as the price climbs.

Safe trading - RA

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
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2013

Saturday, September 14, 2013

Unexpected danger signals in gold

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 Sept, 16, 2013

"..maybe the leprechauns are just ticked off about
how much it costs to fill those rainbow-end pots?"
The hardest thing for a trader to admit ... to himself ... is that he got it wrong.

So here I am this week, face covered in egg, having to bash my Ego into submission and accept the evidence of the charts that gold is not doing what it should be doing if it's now in the first upleg of a new multi-year Bull run.

It may yet turn out that way. However, when it comes to a choice between protecting my Ego, or protecting my capital, I'm afraid E-boy needs to be whacked with an iron bar and forced back into his box.

He might not like it ... but he has to accept the reality that if the bank account gets bashed too badly, he's going to end up feeling bruised and battered anyway.

So, this weekend we will be taking a brief look at stocks and a much closer look at gold.

Many gold traders have been operating under the assumption that a large-scale, long-term Low was posted late in June when the price of gold spiked down into the 1180 Pluto zone and began bouncing strongly.

And there's still a chance that assumption is correct. But it's now open to question and until the question is clearly resolved, one way or the other, my prissy 2nd House Virgo Moon is waving her broomstick at my unaspected 5th House Sagittarian Sun.

I call her Miss Prissy - and she's a dreadful nag. No fun at all. But, she's also my only Earth planet and, as such, the rest of "us" rely on her to keep us grounded. We all have Virgo somewhere in our charts ... and should be eternally gratefull that we do!

This may seem like a digression. In fact, it IS going to be a digression! Loath as I am to cite Miley Cyrus, of all people, "it's my mouth and I'll say what I want to!"

Often, I chat about The Spooky Stuff and the potential impact of current transits on stock markets or world politics. That's a branch called "mundane" astrology.

Personal astrology is more intimate. Basically, our Sun sign has a lot to say about what sort of Ego we have; the Moon deals with our emotional needs; Mercury by sign and aspect can give us insights into how our brain operates differently from others; Mars, what level of energy we have and where we're most likely to be most active. And so on.

It can actually be very useful to get to know the individual personalities within our overall persona. Even those who know nothing about astrology would probably recognise this sort of statement: "Sometimes, I get a feeling that ..."

For those who DO know about astrology, they'll probably recognise exactly who is responsible for the "feeling".

"Sometimes, I get a feeling that I'd like to punch his head in!" ... is probably your Mars telling you it's in open conflict with someone's else's Mars. If your Mars happens to be in an aggressive sign, with hard aspects to Uranus or Pluto, you may well punch first and feel later! If it's in Libra, conjunct Neptune, you'd like to punch his head in, but you're very unlikely to, because the natural tendency of your Mars is to act diplomatically and try to find common ground.

If your Sun is in one of the Fire signs - Aries, Leo, or Sagittarius - you're more likely to take risks. Sagittarian Suns take BIG risks. And, since an unaspected planet is a very pure form of the basic energy, an unaspected 5th House Sagittarian Sun will sometimes take enormous risks, specifically related to financial speculation.

I'm really lucky. Because I have a Cancer Ascendant, my chart "ruler" is the Moon ... the nagging Virgo bitch who lives in the 2nd House (of money!) screeching about how that idiot Sagittarian gambler is going to bankrupt us all. So, when I "sometimes get a feeling that ..." my wildly optimistic outlook might need to be tempered and toned down, I know exactly who is talking ... the eminently sensible and practical Miss Prissy is telling me to shut-up, sit down and look very carefully at the charts. Miss Prissy and "I" have reached an accord.

"She" tries to stay off the smelling salts when "I" take risks ... and I try not to take silly risks, and consult closely with Prissy about where to put the loss stops so we don't both end up in the poor house because my Ego is off on a romp.

I go through this exercise just to give you an inkling of how individual components of our personality can co-operate with each other, or fight against each other, in everything we do - including our approach to the risk and reward ratios of stock market trading.

There's a good website which provides free charts and readings - http://www.astro.com/ - without also subjecting you to a barrage of ongoing emails. If you "sometimes get a feeling that ...", knowing the personality of which of your planets is wanting to be heard can be very useful.

Okay. Now, let's get down to what we're really here for ...

I indicated last weekend I thought gold was about to launch into a rally which would confirm that a major, multi-year Low in the gold price was posted at $1180 in late June.

However, the slump in gold prices last week indicates that scenario might be very, very wrong. Let's start with a update of the daily Sun/Pluto chart from last weekend.

I believed gold was about to launch higher in an Elliott 5-wave Bullish pattern. In Elliott Wave theory, a corrective Wave 4 cannot decline into the territory of the Wave 1 peak. That Wave 1 peak was where Miss Prissy and I decided to put our loss stop, having taken a fairly large Long position during the bounce on September 6.

The Bullish count on the chart below is now severely broken.  There's a chance this could morph into one of those EW patterns that only expert acolytes can count.  I'm not one of them.

What seemed clear and obvious last weekend is no longer so. Maybe this is a "blip" caused by the unlikely apparition of Vlad The Peacemaker; maybe it's more manipulation by those esteemed folk who can't seem to find exactly where they stored Germany's several hundred tons of gold; and maybe the leprechauns are just ticked off about how much it costs to fill those rainbow-end pots.

What is clear is that the "certainty" factor just got pulled out from under us. When an ABC corrective downleg completes, there is only one option in Elliott Wave terms - a new Bull run. If that Bull run stalls at exactly the point it should not stall, we really need to put our expectations off to one side and have another look at whether the ABC correction is actually finished.

And that's what we'll do. The chart below is a weekly, dealing primarily with the large-scale correction which got underway after gold made its High around $1900 in early September, 2011.

The dramatic pick-up in the state of the oscillators since the Low in late June certainly suggests The Low is in place. But having price turned down so swiftly and sharply after contact with a falling overhead trendline means it would be foolish to ignore the alternative scenario.

There are some ardent gold traders who believe the market is being manipulated down once again. And, apparently, Goldman Sachs is tipping a $1000 price tag for gold in the next few months.

If we use an Andrew's Pitchfork, it also shows fairly strong evidence that the hardline optimists among us may have got it wrong sticking a C count on the June bottom.

The recovery in the fast MACD mirrors the improved condition of the Canary oscillators on the earlier chart. There's almost no doubt at all that it's going to be possible to make a lot of money from being Long on gold and gold stocks ... if we can get the timing right!

Normally, I don't worry too much about technical charts for gold, relying on the Sun/Pluto mechanisms I revealed in this year's Forecast. I had expected this to rise into the mid 1400s or even early 1500s before a substantial pullback occurred. Now, we're probably trying to find a reliable downside price point to stop the drop.

I've added a couple of the channel lines from the earlier chart to the weekly Sun/Pluto chart to see where the purely technical levels line up with planetary prices, especially if gold is now locked into another significant downleg.

Even if that's what is now happening, it'll take some time to get there. In the meantime, until the overall position becomes more certain, we'll have to rely on short-term charts. We've had a Friday bounce from the 50% marker of the post-June upleg. If it occurs in the right place, a bounce from that marker can indicate the uptrend is still intact.

This one appears not to be in the right place, so I'm very cautious about just how strongly it's likely to bounce.

The long tail on Friday's bar indicates some buying support at that low. But, it may only be temporary ... especially with the Fed due to make a statement on tapering this week; options expiration; and the Syrian sarin issue.


Finally, a quick look at Pollyanna - the SP500. I indicated in the past couple of weeks I thought Polly was in temporary bounce mode within a larger-scale correction - with a bounce target ranging from 1658 to 1690. The index has stalled at the upside of the range. If that's it for the bounce and another downleg is due to complete the corrective pattern, the most likely targets remain 1580 to the early 1600s, as we discussed last weekend.

Safe trading - RA

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

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Saturday, September 7, 2013

Gold rally, Euro indices & Wall Street drop

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 Sept. 9, 2013

Lion Tamer / Cosmic Cop
Last week's trading has provided some clarity on a couple of important fronts.

The bounceback rally on Wall Street is probably about to fail again and gold may have launched a new rally phase.

We will take a closer look at the targets for both of those in a few moments.

Also in this weekend's edition ... an update on the major European indices

Last weekend, I outlined my overview for the month ahead and provided a list of important dates. If you missed that edition, or want a refresher, you'll find it in the Archives.

The week begins with Mars squaring Saturn and Mercury moving to Libra. Midweek, Venus moves into Scorpio as the Moon makes its monthly transit of Sagittarius for a couple of days.

We almost always get wide-range moves with a Saggy Moon - up or down, depending on whether optimism or fear gets exaggerated. It could be fear, because ...

Venus is in detriment in Scorpio and will be approaching a conjunction to Saturn; Mercury in Libra suggests a lot of diplomatic talk; and Mars square to Saturn suggests the desire for heroic aggression will face increased challenges from stubborn resistance.

Astrologers call Saturn the cosmic cop. America likes to think it's the world's policeman. The two are having a face-off ... and with even the French starting to backpeddle over Syria, Saturn seems to be winning.

We will start this edition with a look at gold, which is probably now launching into a rally phase likely to run for a few weeks. It also means, unfortunately, we need to chat a little more about Elliott Wave theory.

We talked about this last weekend. Corrections within uptrends tend to mark a three-wave pattern known as an ABC correction. And uptrends tend to occur in a five-wave pattern where Waves 1, 3 and 5 are upwards and Waves 2 and 4 are ABC corrections downward.

So, gold ...

There is now some evidence to suggest, very strongly, that the big correction in gold is over, done, finished. If that is so, gold prices are now in the early stages of a new Bull run.

I normally place no real importance at all on a single day's price bar. However, on Friday, the move in gold was strong enough to greatly decrease the possibility of another dramatic slump and greatly increase the probability that the June 28 low was The Low ... for a very long time to come.

In the chart below, I have marked out what I think is now happening ... that the Wave 4 correction is probably finished and that gold has started its Wave 5 push higher. Until then, it was possible that the rise from late June was an ABC correction upwards in an ongoing Bear market ... where 1 was really an A, 2 was really a B, and 3 was C.

If you look closely, you can see that both Waves 1 and 3 subdivided into 5 individual subwaves - and Wave 5 may do the same.

If gold is now embarked on a Wave 5 rise, there are two obvious targets - 1450ish ... or potentially even 1520ish, though that one would really be pushing the envelope.

Let's view the weekly ...

One of the things that concerns me about the 1500s target is the past performance of the gold price as it rose into Sun intersections; both of which I've marked with a light blue circle. The timing for that is the few days around September 23.

However, if price can get back above the Wave 3 high, it does enter a zone where there is little planetary resistance to prevent it from reaching 1518. One word of caution though. In Elliott Wave terms, Wave 3 cannot be the smallest wave. And since this one is smaller than Wave 1, it means Wave 5 must not run longer than $161.40. That puts the 1518 target at the very outer edge of what's "allowed".

Now, also some advance warning. If what I think is probably the right pattern turns out to be so in reality, it means gold will then have finished Wave 1 of a new Bull run. In other words, it'll just be a bigger version of what we've seen so far, where the individual waves have so far subdivided into a 5 wave pattern.

And that means there will be another BIG correction ... a higher-level Wave 2 downwards. We'll keep track of this as it goes along. For the moment, the odds favour a multi-week gold rally.

Now let's turn our attention to Pollyanna, Wall Street's SP500. Last weekend, I indicated two possible options with a leaning towards a stronger bounceback. I'll update and combine those charts now into one ...

I indicated last weekend we were more likely to see a bounce into the 1658 to 1690 price range. The minimum target has now been reached. We cannot set the downside target for certain until we are sure the bounce is over. The probability still remains the 1580 to 1600 zone.

One thing ...

The correction has filled all the gaps Pollyanna made when it launched into its post-June rally - except one; at 1593. There is also an unfilled upside gap at 1684.83, but that need not be filled during this bounce because the probability is that this Bull run still has one more major rally left in it.

There are ... groan ... alternative counts. Which, as I've said, is the danger in trying to apply EW accurately in real time. The most significant alternative remains the possibility that the correction will chop about in a contracting sideways triangle, eating Time rather than Price.

Still, overall ... especially with this month's transits and the current state of the lunar phase ... I think what's probable is a rally for gold and further decline for Wall Street stocks.

In a moment, I'll update the Weekly Planets charts for some of the major European indices.

Firstly though, in quite unabashed favoritism, I'll deal with my home index - the ASX200. Australia is off to the polls this weekend for a Federal election.

London is next ...


Holland ..

France ...
Germany ...

Okay, that's enough waffle for one weekend. Take a look at gold and the charts for your favorite gold miners. Carefully consider whether your general stocks are showing topping signs.

Safe trading - RA

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

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  • 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.

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Thursday, September 5, 2013

An Astrological Trip Around the New Moon in Virgo

Astrological Investing New Moon forecasts show general trends and financial outlook for the month. The New Moon in Virgo, 2013  - Chart from the point of view of Wall Street and the NYSE.

The New Moon in Virgo, September 5,  7:38:58 am EDT
Chart from the point of view of Wall Street and the NYSE
Disruptive energy followed after the Full Moon in Aquarius. 

During the last Quarter Moon - the week of August 26 - along with the ongoing theme of Uranus square Pluto energy, VENUS Opposition URANUS, SUN Opposition NEPTUNE, VENUS Square JUPITER, and MARS' entrance into Leo, aroused and inflamed governments and brought much volatility to world markets.

Global markets took a beating amid escalating tensions in Syria.  And so, readers of the New Moon Report may be asking, "What does an analytical Virgo New Moon promise for this Lunar month?"

Note - The energy of Pluto square Uranus has been constant since 2012, and will be in force until 2015.   This aspect heats things up politically at home (ruthless, negative campaigns between the two political parties in the US) and world wide. (mob violence and political uprisings in the Middle East) And, economically, the Uranus and Pluto aspect has been push pulling the markets.

An Astrological Trip Around the New Moon in Virgo Chart


The New Moon and Mercury, the planet that rules the Virgo rising chart, is located the twelfth house
During the first days after the New Moon, the night sky is dark.  Last month's lunar cycle has ended and the New Moon has begun a new cycle of growth.  Astrologers say this is a time when one must accept accumulated failures from the past and begin a rebirth.  They remind people that the New Moon is the time "to plant new seeds" toward fulfillment.

Events governed by the 12th house will come to the forefront this lunar month.   The 12th house has much to do with what is hidden and what is behind the scenes. It is hard to predict what hidden things will be stumbled upon in the darkness of this New Moon!  The twelfth house, using the words of astrologer Karen Hamaker-Zondag," is a house of paradoxes in which the impossible is possible and opposites can be reconciled at a deeper level.. it is where events take place out of sight..(and, how) such a concept is hard to reconcile with the clear light of the rising Sun.."

Mercury and the New Moon's influence in the 12th house
More information will come out about chemical weapons in Syria, and more revelations of scandal.  The New Moon will bring "hidden troubles", and "secret enemies", of the USA to the forefront - and consequently to Wall Street and world markets. 

However, on the day of the New Moon, Jupiter brings good fortune for the government and soothes investor's fears.

The New Moon in the 12th house, sextile Jupiter in the 10th house
Jupiter's influence in the tenth house is very fortunate.  Stocks representing charitable institutions, religious institutions, philanthropic movements, hospitals, healthcare and government institutions such as prisons, etc., benefit from Jupiter's influence. 

To read the interpretation of  all the planets, 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.

Commentary - Read this week's Eye of Ra Report by Randall Ashbourne (click here), or read it on his web site -  "Week beginning September 2, 2013"

Understanding 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!

I have been reminding readers at the end of each New Moon interpretation that astrologicalinvesting.com strives to teach financial astrology as a timing tool to use. Although the mundane reading I give each New Moon gives us a broad picture of the astrological landscape we expect to encounter during the month, I encourage all of you to look at the weekly technical charts by Randall Ashbourne.

FORECAST 2013  - 1/2 price off!  - Includes 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