We will chat a little more this weekend about The Spooky Stuff and the looming Fire trine involving Mars, Jupiter and Uranus.But, this time, we'll concentrate our attention on the potential impact on stock and commodity prices, including the exact price targets which could signal breakouts ... or breakdowns.
I talked last weekend about the potential for this coming trine to "set the world on fire". If you missed last weekend's edition, please have a look in the Archives before continuing.
I indicated last weekend that the real symbolism of a trine is the rapid removal of obstacles. This is important because it involves the drive-and-energy planet, Mars, in Sagittarius, which can be utterly careless in simply ignoring rules, borders and boundaries in pursuit of "a higher purpose".
Jupiter, the head honcho of the Old Gods, rules Sagittarius and I characterised him in Leo as a megalomaniac in egomaniac mode. And Uranus in Aries is a frootloop on fire, a violent rebel intent on overthrowing the status quo. Uranus breaks boundaries simply because they're boundaries. He rules sudden shock and surprises ... and damn the consequences.
What we have about to unfold, is a massive concentration of cosmic energy which is determined to break things ... especially the normal rules and boundaries. The "obstacles" will collapse. It's breakout ... or breakdown.
And it's not the only major stuff happening Out There at the moment. The week begins with the Sun shifting to Libra and Pluto going Direct. Next week, Venus will also move to Libra, the Sun will square Pluto, Mercury will go Retrograde ... and Mars will trine Uranus. What we'll concentrate on this weekend are the price zones where all this power is going to be most concentrated ... starting with this week's Jupiter trine Uranus aspect.
I've said to you repeatedly in the past that astrological expectations do NOT override technical conditions. And I've also discussed with you how these expectations can go badly wrong unless Price and Time meet each other exactly in "space". Well, that's precisely what we're about to look at ... and we'll start with the Pollyanna index, Wall Street's SP500.
I will use weekly charts for all the indices we look at this weekend because while this Fire trine starts this week, its impact will be felt into early October.
In effect what we're looking at are the "boundaries" this aspect will break. A breakout is likely if we get a weekly CLOSE above these key price levels. A breakdown is on the cards if we get a fairly exact TOUCH of one of these prices and the index in question immediately starts to back away at a fast pace.
When we look back in a few months, this period is likely to show up as having been very important. If you're one of those traders fixated on hourly intraday charts, it may seem like an eternity waiting for price to break above or below one of these levels.
Okay, the 500 was in full gushing Pollyanna mode last week ... making new all-time highs.
Auntie, the ASX 500, was going in the opposite direction ... plunging hard as the $AUD, commodity prices and gold all fell hard.
Safe trading - RA
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)Copyright: Randall Ashbourne - 2011-2014
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
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