Potential for a golden bounce

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 December 2, 2013

Mars in Libra has a tendency to drive gold prices

America and Germany push to new highs. Again. Pretty much alone. Still.
Very little changed, which isn't odd with Wall Street effectively in Thanksgiving holiday mode from midweek.

What might have changed is gold. We'll have a closer look at that in the main part of this weekend's edition.

This week kicks off with the Sagittarian New Moon. The Moon in Sadge almost always signals a couple of wide-range days for stocks; usually up, but if the fear mode gets exaggerated ...

The Sun is already in Sagittarius and it'll be joined in the sign midweek by Mercury.

But it's the Mars move to Libra, which gets underway next weekend, that's the really volatile astrological signal for months ahead.

Mars takes a couple of years to travel the full zodiac, which means it normally spends only 6 to 8 weeks in each sign. Not this time. Because it'll be going Retrograde, Mars will be in Libra for 7 months.

Traditionally, Mars is in its detriment in Libra. Without any negative meaning at all, Mars is THE Self-ish planet. It's all about Ego and aggro.

And Libra isn't. It's sugar and spice and all things nice. So, astrologers tend to think Mars in Libra is a woosie pussy. It ain't so.

Mars in Libra simply has better table manners. Operating at its best symbolism, the Libran Marshun is a charming diplomat who can diffuse difficult situations with a gentle touch, a warm smile and a genuine drive to find co-operative solutions which are fair to everyone.

Oh, yeah! Looking forward to that little love fest between Barack, Bachmann and Boehner.

As soon as he enters Venus's territory, the Old God of war sets the scene for a Cardinal Grand Cross, the most highly-charged of all astrological aspects.

We will have Uranus in Aries, Jupiter in Cancer, Mars in Libra and Pluto in Capricorn.

Uranus in Aries = demands for radical reform and armed rebellion against the ruling elites.

Jupiter in Cancer = exaggerated defence of home, homeland and security.

Mars in Libra = smiling aggression, but aggression nevertheless, aimed at fighting for fair and equitable outcomes.

Pluto in Capricorn = the plutocrats prepare to raze the peasants' hovels and salt their fields if they don't pay their taxes and turn a blind eye to the elite's overwhelming desire to preserve the status quo and retain control of government and the "Establishment".

Since all four Cardinal signs are action signs, the next few months will be the last chance to resolve some of these debt/tax/power issues amicably. Mars in Libra can be the ultimate smoothy. But, he's still Mars ... still the Old God of war.  Gee,Zeus ... let's hope these issues actually do get settled before Mars moves into ... gasp*shock*horror ... Scorpio!!!!

Some people believe the Romans used to specifically select soldiers with their natal Mars in Aries to lead assaults. It's not true. The generals wanted shocktroopers with Mars in Scorpio. No retreat. No surrender. No mercy.

But, but ... we're not really here for tall tales of olden times.

Mars in Libra has a tendency to drive gold prices. They can be very volatile periods, even during Mars' short runs through the sign. This time, he'll be there for months.

I indicated last weekend that gold made its last pronounced high during a Venus-Jupiter aspect and that there was some potential for last week's Venus-Jupiter opposition to bring in a sustainable low.

It is possible that's the case. But, it's not without danger. In Forecast 2013, I introduced planetary charts for gold for the first time. It tends to travel within Sun channels between Pluto stations. Last week, it just may have caught a break from a rising Sun line close to the mid-1200 Pluto line.

Using the non-Spooky technical tool of Fibonacci Retracements, gives us another reason to consider being Long on gold or the miners. Price has been making an effort to hold the line at a 764 Rx level.

Two of our oscillator "Birds" like the action and are suggesting more northside movement is probable ... the fast green and the medium red. Big Bird, the blue, also seems to be starting to sing a little more sweetly.

The danger is that gold remains in a confirmed downtrend ... and the channel chart below shows it has a lot of work to do before we could be reasonably certain that a sustained and long-term new uptrend has started.

However, within that down channel, there is another sign of potential improvement. On a weekly basis, the price has again breached the bottom of the Bi-BBs. If you've read The Technical Section of The Idiot & The Moon, you'll know this has a tendency to either stall the current trend, or turn it the other way - even if only temporarily.

The midnight cowboys continue to conduct big downside trades in the wee hours and that danger will continue until gold recovers enough to undo all the technical damage.

But, for the adventurous, it could be worth considering the bounce. You most certainly need a Stop Loss!! However, the weekly Bi-BB chart and the planetary and Fibonacci daily charts earlier, show the upside targets.

Safe trading - RA

Astrologicalinvesting.com note:  Randall Ashbourne's Forecast 2014 will be available to purchase in January 2014 at 
www.astrologicalinvesting.com  as well as www.theidiotandthemoon.com 

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.
Randall Ashbourne's Forecast 2014 will be available to purchase at www.astrologicalinvesting.com/html/shop.htmlwww.astrologicalinvesting.com  as well as www.theidiotandthemoon.com 


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

December 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 December, 2013.
Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.

December 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 December, 2013.

Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.

December 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 December, 2013.

Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.

Weekly Planets for Europe & Asia

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 25, 2013

America and Germany push to new highs. Pretty much alone.

Wall Street will be closed Thursday and will close early on Friday as the USA takes time out for Thanksgiving.

There are four significant astrological aspects this week. Mercury conjuncts Saturn on Monday and trines Jupiter on Thursday.

Venus opposes Jupiter on Thursday and the Sun trines Uranus next Saturday.
The current blow-off rally on Wall Street launched itself on October 8 with Mercury conjuncting Saturn not long before the little guy went Retrograde. There's a chance of a near-term top developing Monday or Tuesday.

Gold made its August high exactly as Venus squared Jupiter. So, there's a chance gold may find a sustained low this week as Venus makes another hard aspect to the FatBoy.

The Sun is now on its annual trip through Sagittarius, which does have a tendency to boost stock prices.

Over the past few weeks, I've published a number of charts showing important planetary barriers overhead for the SP500, as well as gold charts.

You can consult the Archives for the relevant price levels for both.

This week, I'll concentrate on updating Weekly Planets charts for a range of other world markets.

And we'll begin with my home index, the ASX200. Auntie made another test of the Uranus line now priced at 5311 and managed to close above it, though not nearly as decisively as the previous week.

Big Bird is dropping, though it remains in positive mode since it has yet to lose the +100 red line. Still, the internal strength continues to fade, with the last peak in the oscillator much lower than the peaks it recorded earlier in the year.

GERMANY is next. The next upside barrier is 9272, with a stronger Resistance level at 9464. Since there is no negative divergence evident in the oscillator, that high-level target needs to be considered as a "probable" destination for the DAX.

LONDON has been in decline for the past few weeks, with the FTSE's ability to break out capped by Saturn lines.

PARIS has also been in consolidation mode, though its stall has been happening on top of an obviously important Neptune line at 4222. It's probably worth noting that this rally began in 2011 when the CAC made a false break of a primary Pluto line and launched a recovery.

Since it started at primary Pluto, it may not end until it gets to another one - priced at 4400.

AMSTERDAM remains strong above a Neptune price line. If we track the index's past performance, it's fairly obvious it plays to the cyan Saturns when not trapped by Uranus/Neptune lines.

INDIA'S Nifty index is next. Big Bird approved of the high a few weeks ago, so we can probably assume there will be another attempt at reaching the Uranus level at 6384 when the current correction is finished.

 

INDONESIA is still working off the excesses of its record run earlier in the year. Jakarta made an attempt last week to regain the Uranus barrier at 4409, but was quickly rebuffed.

For the moment, the index is probably stuck in a range from the 4400s down to the 4220s.

SINGAPORE seems to be playing Follow-the-Saturns. For the past few weeks it has managed to stay above the lines. So long as it does, another attempt at the 3326 Neptune seems likely.

I'll try to update a few more world index Weekly Planets charts next weekend and, perhaps, take another look at gold.

You might want to hold onto this week's charts because it's likely to be quite a few months before I publish them again. The updates for the remainder of the year will be relatively brief because I need to spend the next few weeks researching and writing Forecast 2014.

If all goes well, the Forecast will be available from early January. There is no need to pre-order. I'll install banners onto the website home page and on the Eye of Ra page when it's finalised and ready for sale.

Safe trading - RA

Astrologicalinvesting.com note:  Randall Ashbourne's Forecast 2014 will be available to purchase in January 2014 at 
www.astrologicalinvesting.com  as well as www.theidiotandthemoon.com 

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.
Randall Ashbourne's Forecast 2014 will be available to purchase at www.astrologicalinvesting.com/html/shop.htmlwww.astrologicalinvesting.com  as well as www.theidiotandthemoon.com 


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

New highs ... and a no-twerk promise

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 18, 2013

Another week and another record run for Wall Street.
 
Of the major world indices, only Germany went close to matching the performance.

The new record highs in the Pollyanna index, the SP500, were achieved with marked negative divergence in the daily Big Bird oscillator.

Miss Polly appears to be totally disconnected from reality. But, as the old saying goes, markets can remain irrational longer than you can remain solvent.
There are two facets of this apparent disconnection. On one hand, we have the Ben & Janet Show, where the prize behind every curtain is another $85 billion per month.

This is the facet that says the economy is still so slow and fragile that the plug is unlikely to be pulled.

Yet, on the other hand, we have commentators claiming stocks are cheap because the forward PE ratio is only about 15, not far above the historical average of 14.

Forward PE ratios are nonsense. The historical PE of 14 is based on trailing earnings, not future pipe dreams.

Depending on whose trailing PE system you use, Miss Polly is currently on a PE of 19.77 ... or as high as 22.

Still, The Idiot remains on a Buy across all three timeframes for the SP500 and the Sun is about to make its annual entry in Sagittarius.

Sadge is the primary home sign of the head honcho of the Old Gods, Jupiter. The Sun's annual journey through the sign is usually the signal for the start of the year-end rally.

Sagittarius is an energy which can dramatically increase optimism ... or fear. Most often it's the former. Even in Bear markets, Sadge can turn things northwards.

We can see its impact on the weekly Pollyanna chart below. The Sun in Sadge has a tendency to be positive for stock prices.

The disconnect between Wall Street and almost the rest of the world is what is making prediction difficult. To illustrate, I'll repeat a couple of the charts I used last weekend.

I indicated volatility would return because of the Venus square to Uranus and conjunction with Pluto, and indicated Miss Polly was heading to either 1791 or 1718.

And the result was, she hit 1791 right on cue with the Venus-Uranus aspect on Thursday.

I also showed a chart of my home index, the ASX 200 and said: "These Venus square Uranus price levels may also prove important on the ASX200 ... Anyway, as with the 500, there are two alternatives ... the index seems likely to be at 5489 on Wednesday/Thursday. Or it will be down at 5300."

And on Wednesday, Auntie hit the Uranus line at 5308 exactly.

It's driving me nuts. Normally, I'd have called a significant top at 1791 for Polly, simply because it hit an exact planetary price crossing exactly on time.

But, the overnight computers went to work again, forcing Friday's open on the SP500 above the price crossing level. The next significant overhead barriers on Pollyanna are at 1809 and around 1825.

The next significant ones for Auntie are at 5490ish and the mid 5500s.

And I'm going to cut this weekend's edition short.

Regardless of what happens in the coming week, next weekend's Eye WILL update Weekly Planets charts for a range of European and Asian indices.

It may go online a few hours later than usual, but it's now way past time those charts were updated. Like Paris, Kim and Miley, The Vacuous Troll demands far more attention than she's worth. So, I'm declaring ahead of time ... next weekend will be a twerking-free zone!

My sanity demands it!
Safe trading - RA

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

A week of high-impact astro aspects

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 11, 2013

 Heliocentric- The Sun's viewpoint

Volatility is likely to return to the markets this week with a series of inner planet aspects to Uranus and Pluto.

I'll show a couple of potentially important price levels when we get into the body of this weekend's edition.

And a reminder that we're now in the lunar phase heading into the statistical negativity of a Full Moon.

On Tuesday, the Sun trines Jupiter; on Wednesday, Neptune goes Direct; Venus squares Uranus on Thursday and conjuncts Pluto on Friday.

These are the important geocentric aspects for the week. Geocentric means from the point of view of the Earth.

However, there's a whole slew of heliocentric aspects which tend to reinforce the potential for volatility. From the Sun's viewpoint, Mercury squares Uranus and opposes Pluto; Jupiter does the same trick; and Mars squares Saturn.

We had a taste of what's likely on Thursday when Wall Street flopped, only to flip northwards again on Friday.

On Thursday, good economic news was interpreted as bad news because of the fear the Fed would turn off the Soylent Green tap; on Friday the good news on jobs growth was interpreted as good news.

It's frustrating.

Anyway, let's begin by taking a look at the SP500's performance during the lunar phases around the same time last year. The table below is from Forecast 2013.

click to view larger image

Since some of you will be unfamiliar with this table, I'll explain how it works.

The red New Moon-Full Moon phase on the left assumes you will be in cash, or Short.

The green Full Moon-New Moon phase on the right assumes you will be Long.

The red shading below the phase line shows a loss from the assumed trades; the green shading shows a profit.

The table begins at the start of the year, so the last few months of the year are at the bottom.

In the coming week, we will be in the 1Q-FM phase ... with the assumption of being Short.

As we can see, last year those Short trades were quite profitable at this time of year ... with the exception of December (Santa Claus rally).

There was a brief rally immediately after the Full Moon (due next weekend), and then another slump between 3Q and New Moon.

Now, there's no guarantee these patterns will mirror each other from one year to the next.

However, it is a statistical tendency which can be very profitable to follow over time.

Now let's take a look at the Pollyanna price levels which could be triggered by this week's astrological aspects. We know from some of the charts published last weekend that the 500 has a significant barrier at 1775. It had a second attempt at breaking out last week and couldn't do it.

There is a double price crossing at 1791. It is not only where the Sun trines Jupiter, but where Venus will square Uranus later in the week.

It is another potential topping zone. If, however, the market tanks, the key price level to watch for a potential bounce is 1718.

 These Venus square Uranus price levels may also prove important on the ASX200. Auntie has been trending up with a rising Venus line for several weeks ... a rally which stalled only as it ran into the resistance of the falling (dashed) Venus line. It has been doing a little dance around these Venus lines for the past week.

Because of Pollyanna's Friday bounceback, Auntie's futures have the index opening at 5450ish on Monday - a tad higher than the peak a couple of weeks ago.

Anyway, as with the 500, there are two alternatives ... the index seems likely to be at 5489 on Wednesday/Thursday. Or it will be down at 5300.

Turning now to gold, which slumped with Pollyanna on Thursday ... and slumped even further on Friday. It hasn't yet invalidated the potential Long trade I outlined last weekend. That chart is in the Archives and I won't repeat it here.

I'd been hoping gold would continue to find support at the Sun lines and even as late as Thursday, they were holding. But not on Friday.

The potential for a strong bounce I outlined last weekend still remains a chance - so long as the October low isn't broken. I spent some time last weekend explaining ABC corrections and abc patterns within those larger waves.

The 1269 Pluto price level also comes out as a possible turning point if the current decline is still part of a minor downwards correction within a larger bounce.

So, we would need to monitor the 1269 level closely this week. I stress this is a speculative play. As I said last week, if the October low is taken out, the June low probably will be, as well.

For the moment, gold's downtrend remains a downtrend ... which is obvious from the briefest of glances at its weekly.

The oscillators on the weekly haven't deteriorated so badly that I would rule out a "surprise" turn northwards. However, The Idiot is on a Sell signal across all three timeframes, so a Long trade here carries more than the usual amount of risk.

I'll wrap it up for this weekend. In terms of the aspects, the lunar phases and just the period of the month, I can see no valid reason why stocks should fly north. Quite the contrary. I'd have thought that if the Big Boyz want to bring on a Santa Claus rally, they should let prices drop while it has no impact on their books or bonuses.

Hopefully, a few more Weekly Planets charts for various indices next weekend. Until then ...

Safe trading - RA

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

An Astrological Trip Around the New Moon in Scorpio - A Solar Eclipse

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

In mundane astrology it is the entrance of the sun into each of the four cardinal signs that determine the astrological framework of each season.  New Moon charts work within the energy woven into the fabric of these charts.  Saturn, Uranus, and Pluto dominate the Equinox chart and the Fall season - Expect challenge and uncertainty. Read the Autumnal (Fall) Equinox, September 22, 2013

The New Moon in Scorpio, SOLAR ECLIPSE, November 3, 2013 - Chart from the point of view of Wall Street and the NYSE. Note: When reading a chart for the NYSE, my interpretations are modified to take into consideration location and the economic and political conditions that impact the market. The meanings of the planets and house are adapted to these circumstances.

As Above - So Below - Stress from the challenging aspect Pluto square Uranus keeps things heated up politically at home, and world wide.  Economically, this difficult energy in concert with any combination of transiting planets, has been driving global markets on a wild ride.  On any particular day investors react as one crisis follows another.

"This week brings the 4th exact hit of Uranus square Pluto ... and with it, an increased danger of turning the tide... This week's Uranus square Pluto aspect, the 4th exact hit in a rare series of 7, is likely to mark the start of an important turning point, though it might not become obvious for a few months." - The Eye of Ra, week beginning October 28. by Randall Ashbourne

The Solar Eclipse strongly suggests an overall increased volatility in the financial market. Near the date of the eclipse, before and after,  there will be a marked increase in volatility.  Eclipses have coincided with market reversals in either direction, and with Mercury just barely past the first half of its retrograde period, the chances of extreme volatility increases.

Whenever there is an eclipse the influence of energy is intensified; and longer lasting if in a fixed sign such as Scorpio.

Read more about eclipses and how they can impact the market in the newly posted article on the website. Eclipses and Their Impact on the Market.

"Fortunate or unfortunate events follow according as to whether benefics are prominent or malifics, and whether the aspects among the planets are good or evil." H.S. Green

An Astrological Trip Around the New Moon in Libra Chart

The Solar Eclipse New Moon is in the twelfth house involved in a stellium (more than three planets conjunct). The Sun, Moon, Saturn, Mercury and the North Node are conjunct in 12th house. These five are sextile the rulers of the Scorpio rising chart, Mars and Pluto, activating the Uranus-Pluto square. (Though not shown in the chart above, the North Node is at 7° 21' Scorpio and the South Node is at 7°21'. Taurus.  An eclipse is always characterized by a conjunction to the Nodes of the Moon.)

Events governed by the 12th house will come to the forefront this lunar month -  The twelfth house is a place of shadows, secrets and hidden enemies. An eclipse in the 12th house suggests discredit and misfortune in areas that are governed by the 12th house. More scandalous revelations regarding the National Security Agency surveillance may be revealed which may have a disastrous financial impact on U.S. technology companies.  Presently, greater transparency is being called for from companies such as Google, Microsoft, Yahoo and Facebook. Their role in NSA surveillance has been questioned and trust has been lost. US technology companies are likely to suffer the backlash from any further NSA revelations.

Mercury rx in the twelfth house - Internet activity has much to do with the 12th house, and wherever Mercury is found in the chart there is much activity. Reforms to the healthcare site need to be reviewed and the site re-done. More information will be revealed regarding why the site has so many problems.

Note!"... The middle of the (Mercury retrograde period) will be on Thursday, October 31. Any market that has not made a cycle turn around the retrograde date of October 21 is likely much to do so within 1-2 days of the center of the retrograde zone, which is October 31." Raymond Merriman

Saturn in Scorpio in the twelfth house - Trouble due to mal-administration and the people responsible suffer consequences.

To read the interpretation of  all the planets, and what DJIA stocks are impacted by aspects of this Solar Eclipse in Scorpio,  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 30, 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

The Bull ... Halloween costume change?

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 4, 2013

There is a chance the Bull died quietly last week.

For the moment, it is merely a possibility, rather than a probability.

However, using three different techniques, Wall Street's major index, the SP500, has hit important long-range projections and resistance.

We will examine the omens in some detail this weekend because the implications are likely to have an impact on stock markets worldwide.

I indicated last weekend that the middle hit of the Uranus square Pluto aspect brought with it an increased danger of turning the tide, though the full effect might not become obvious for several months.

In the coming week, Venus shifts into Capricorn, the Sun has its annual conjunction with Saturn, and Jupiter turns Retrograde.

While many astrology buffs tend to view the latter two of those as being highly negative, the truth is neither has a particularly reliable record of turning the markets decisively. I'll show you the chart of past performance in a moment.

Of more concern is the deceleration in the rally which began a year ago. It is not so obvious on weekly and monthly charts. The daily channel of the rally tells quite another story.

We'll also take a quick look at gold and the possibility it is now nearing a bounce level that could be worth a couple of hundred dollars an ounce.

Let's begin by looking at the track record of the Sun conjuncting Saturn and Jupiter turning Retrograde. On the chart below, the Sun's annual conjunction with Saturn is marked with red bars and the Jupiter Rx phases are marked with the blue bars.

While the astrological expectation might be that they're a negative influence, neither turns up regularly as a reliable turn indicator.

 

But, there are other reasons to worry now. Using three different techniques, Pollyanna - the SP500 - has made exact hits of price levels which have the potential to stop the Bull in its tracks.

Firstly, Miss Polly's long-range planetary price levels ...

Secondly, it has made an exact touch of the upper trend channel line. Past contact with this line since the Bear bottomed in 2009 has caused major reversals.

And thirdly, we see the potential for a top of real significance because the index has touched - and resiled from - an important Fibonacci price projection calculated as an extension from the first leg of the post-Bear rally.

Now, we have a difference between perception and reality. The perception Out There seems to be the Bull is running at full speed. The reality is that there signs of marked deceleration.

While Polly has hit the top of its long-range weekly channel, an examination of the rally leg which began a year ago shows something else. For the first 7 or 8 months of the rally, price stayed within the rising blue channel.  After the first dropout, it regained the channel. And that's something the index has been unable to achieve since.

So the danger continues to develop. There is a chance - a possibility - that the Bull died quietly on Wednesday. It seems unlikely. And it could be weeks, perhaps even a few months, before we will know for sure whether it's all over - or whether there will be another rally.

Topping is a process, not an event. But the danger signs are there for those who want to ignore the chattering and simply take notice of what the charts are warning.

Now, let's have another look at the price of gold. Despite the obvious manipulation, price continues to play to Sun-Pluto markers. There are two major views of this chart.

The gold bugs think the past week's performance is just a small breather before a huge rally higher; the gold bears view this as the start of a sharp new wave downwards.

There is an alternative. In Elliott Wave terms, a correction forms a 3-wave pattern known as an ABC. These patterns are usually obvious only with the wisdom of hindsight because the waves can break down into smaller abc patterns.

In the chart below, I have assumed that gold is still within a large-scale correction and has not yet made its final bottom. In this scenario, it will eventually take out the June lows. But, in all probability, not before it rallies.

This chart assumes that the rally from late June to late August was the "A" of an ABC. The decline into mid October was the "B". If that is so, then the final component ... the "C" ... still has further to run in Time and Price.

It means we have seen only the "a" and most of the "b" of the "C" leg. We should find out this week. If price continues down past the October 15 Low, it's also likely the June Low will be breached.

We need to watch for a potential turn northwards almost immediately or at prices very close to last week's Close. We can see the potential for a turn is provided by contact with the green Sun lines on the chart above.

If that does turn out to be the case, then we should assume some level of normalcy is at work ... and what is reasonably normal is that a C wave will tend to be a very similar length to the initial A wave. And that puts the target at around 1500 - a potential rise of $200 an ounce.

I'll wrap-up this edition by updating the Weekly Planets charts for Paris and Amsterdam and with a quick look at the Australian market.

Auntie, the ASX200, has hit new highs ... much lower than the 2007 peak! The first two rallies after the 2009 Bear bottom stalled out at the 50% retracement level. Last week we had what appears to be a "false break" of the 61.8% Fibonacci Rx line.

However, there's a technical condition evident here which cautions me against declaring the Bull to be dead. And it's the state of the long-range Big Bird oscillator (the blue line in the indicator panel). It agrees emphatically that the new price high is entirely legitimate and that it is highly likely even higher prices are not only possible, but probable, over the next few months.

The current resistance is the "obvious" level of the FiboRx line; it's not a weekly planetary level. If there is, ultimately, to be a break higher, I suspect 5670 to be a reasonable target ... since Auntie is very much a Neptunian index. 

France:

Holland:

Safe trading - RA

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

November 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 November, 2013.

Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.

November 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 November, 2013.

Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.

November 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 November, 2013.

Using locational transiting aspects is critical in market timing.

Click image to view full size calendar.