Sunday, May 18, 2014

Still waiting ... but not for much longer

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 May 19,  2014 

The world gets its mojo back this week as Mars, the planet which symbolises drive, energy and action, ends its long retrograde in Libra.

And there are two other important events ... the Sun moves out of the luxuriant laziness of Taurus into hyperactive and bipolar Gemini, and Jupiter will make a trine with Saturn.

We will see some changes ... major changes ... especially in conflict zones. 

Mars in Libra is a diplomat and while the planet is going backwards, from a geocentric view, there is a tendency to retreat from direct action and try to rework agreements.

The Sun in Taurus strives for material comfort and, above all, stability and security. In Gemini the mood changes. New snippets of information are seized ... and acted on. So much information, so little time ... rush, rush, rush. This way. No! That way.

And Jupiter trined with Saturn represents a sweet spot, where the forces of optimism and expansion are in easy alliance with those of caution and solid reliability.

Hopefully, it's all finally enough to put a stop to this months-long sideways shuffle. Our first chart this week shows the impact, specifically on the SP500, of Mars going direct (red bars) and Jupiter trined to Saturn (blue bars).

A Jupiter-Saturn trine was in play going into the 2007 market top. By the time of the third hit, the market was already in Bear mode. Some writers are already wondering if stocks have entered the first stage of a stealth Bear.

Next, I want to remind you that Pollyanna, the 500, has a distinct tendency (as do other indices) of moving up and down in Marshun channels.

We can see Polly's prices constantly smooching with Mars planetary price lines throughout this year's sideways shuffle. It's an alternative way of viewing the range-trading we discussed last weekend. Last week, Polly made a real touch of an upside Marshun and started backing down.

Next we can look at the price levels of the Jupiter-Saturn trine due next weekend. The "rules" are that a clear and decisive Close through the price crossings on the day of the aspect suggests the move will continue in the breakthrough direction. Conversely, if the price hits one of the levels and almost immediately changes direction, it tends to mean Price and Time have recorded at least an intermediate Top or Bottom.

So, now we have some specific price targets we need to watch on Pollyanna for this coming Friday, or the following Monday at the latest.

Now we're going to take a look at the three major European indices and India's Nifty to see how they're performing in relation to the predictions contained in Forecast 2014.

Germany's DAX still hasn't touched the expected upside. At the start of the year, it was reaching for the target with no disagreement from the Big Bird oscillator. Since then, however, Big Bird has gone off-key in a fairly major way.

London's FTSE is next, also still falling short of its primary target zone in the high 6900s. Close, but still no cigar.

Paris, at least, has made it into the price zone I predicted it should reach. Forecast 2014 stated: "The historical performance of the index around Pluto price cluster zones still leaves open the potential to reach into the next zone, priced for 2014 in the region from around 4380 to 4600.I find it difficult to believe the index is so weak it can’t reach that zone, especially given the double-testing of the Pluto zone below 2800 at the last two major lows, in 2009 and 2011."

Mumbai's Nifty index is next and, thankfully, it too has performed as predicted in Forecast 2014, where I said: "I’ve inserted a Fibonacci projection … and the Nifty seems to be playing ball with it. If it continues to do so, the index is likely to reach the early 7000s without too much trouble." 

And finally for this edition, a look at the Weekly Planets chart for my home index, the ASX200, which ran into trouble again at a Saturn barrier.

So we have, overall, something of a mixed bag. Polly is keeping direct contact with her Mars channels and France and India have actually made it into the predicted 2014 target zones. Germany and England have not. So far.

To me, the apparent conflict still leaves open the entire question of breakout or breakdown from these many weeks of grinding sideways.

This week's set of astrological aspects might finally give us a real indication of which way it's going to go.

Randall Ashbourne
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 2014, writes a free weekly column titled, The Eye of Ra on his web site in  which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.
Important reading:  Randall Ashbourne's The Idiot and The Moon, Forecast 2014
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2014

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