Waiting for the dead cat to bounce

Randall Ashbourne, an associate of Astrological Investing, posts reports and articles on his web site at  theidiotandthemoon.com   The following is this weekend's Eye of RA report: Week beginning February 7, 2016 
It is now virtually certain that all major world stock markets are in the relatively early stages of a big bad Bear.  
We discussed the probability of that in the first two reports for this year, both of which can be accessed by scrolling down.
 
There is still a chance that Central Banks will try desperately to stop the drop, but they appear to have exhausted their ammunition.

The next major rally is, given the extreme levels of technical damage, most likely to be a dead cat bounce which will provide the last chance for many traders to exit Long positions before being wiped out.

That bounce may already be underway, with the mid to late January Lows marking a turning point for a upward-leaning grind that could run into May, perhaps even early June.

Venus conjuncted Pluto and squared Uranus last week, two strongly negative aspects. This week brings a trine to Jupiter. Given both planets are "benefic" and Earth signs are involved, we could see a level of stability return.

I did promise last month to include the current position of some Asian indices; we'll do that this week, as well as taking another look at Wall Street's SP500 and the ASX 200.

 The Nasdaq took a major hit last week, with some of the big name tech stocks rolling over badly. These had been helping to hold aloft the entire American market.

Pollyanna, the SP500, has not yet, I believe, actually confirmed it is now in a Bear market. But that scenario is now leaning heavily towards the probable, rather than the possible.

Below is the 500's long-range planetary price chart. The index is still trying to hold the Pluto level in the early 1870s. It is possible a rebound could take price all the way back to the 2080s. Still, long-term history shows it finds strong levels of both support and resistance at those orange Node lines.

The Weekly Planets chart for the ASX 200 is below, with the index opening and closing last week's trading within a band between grey Neptune now at 5012 and Uranus now at 4974.

There isn't much to stop a further drop if it dives again below the blue Saturns now converging at around 4949. And any rally is likely to find barriers in the 5184 to 5249 range.

India's Nifty is playing very closely to Pluto price lines. Traders can use these lines as potential targets, keeping a very close eye on daily charts for signs of positive or negative divergence starting to show whenever these targets are approached in actual trading.

Hong Kong has already fallen off its Bullish trend line ... something which has not yet happened decisively on the SP500 or ASX 200 ... and has also completed a backtest of the line. Big Bird, the 50CCI, is gasping in the dust of the mine floor.

There is a little positive divergence in the two faster Birds, giving at least some hope for a bounce "from the obvious" level of Fibonacci support.

It's a difficult call, though, since the index is currently stalled below long-range planetary price support. You'll note that in both charts, the next layer of major support doesn't come into force until around 16,000.

Singapore is holding up a little more strongly than the Hang Seng at this stage, still just hanging onto planetary support.

We can see the alternative levels of Fibonacci support and resistance in the chart below. Fibonacci levels and planetary prices will very often be quite close to each other.

The black lines are linked to the previous Bull High and Bear Low and the red ones run from the Bear Low to last year's High, and even a quick glance will show you both sets provide a reliable guide to the likely length of rallies and declines. Again, if you're actively trading in these dangerous conditions, use these as a big picture guide and watch the daily charts like a hawk for any potential turn as the prices are approached.

If this is a major, new Bear ... and it probably is ... the biggest, nastiest, fastest section of the crash is still ahead of us.

Safe trading - RA

 (Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2016

The Idiot and the Moon, eBook, available for purchase

Aussie market nearing a potential bounce

Randall Ashbourne, an associate of Astrological Investing, posts reports and articles on his web site at  theidiotandthemoon.com   The following is this weekend's Eye of RA report: Week beginning August 17, 2015 

The month of August is showing its habit of being a wild month for stock trading.
On Wall Street, the Dow Jones Industrials have been in downtrend mode since May, but the Pollyanna index has been bouncing around in a trading range for all of 2015.

Astrologically, we have a couple of major events. This weekend has Venus, the ruler of money and material wealth, in the middle of its current Retrograde phase.

And the head honcho of the Old Gods, Jupiter, has now changed signs ... moving from extroverted Leo into the far more discreet and discerning symbolism of Virgo. Jupie loves the Fire signs, especially Leo, which is associated with gambling and speculative profits.

The symbolism of Virgo is much more picky. It always want to see the evidence on the books ... books attended by accountants and subject to nit-picking auditors.

We should see an accelerated shift in support for some sectors and a withdrawal from others. Since Virgo rules health stocks, it might be worth studying those charts more closely than usual.

I'm going to concentrate in this edition on the position of the Australian stock market ... with a quick look at the SP500 and the DAX. In the last edition on July 13, I published the following chart and warned the ASX 200 was heading into a major hurdle.

It was a major set of downtrending inner planet lines ... Sun, Mercury, Venus and Mars ... which had a strong track record of sending the index into a dive.

This was the chart:

I said in that edition: "The trouble will come if the index rises into around $5700 by the end of the month."

And this is what happened. On August 4, two trading days after the end of the month, the ASX 200 hit a momentary spike high of 5727 ... and then its wings fell off.

Which brings us to the potential good news. On the chart above, I've now included a set of rising primary planet lines. As we did last time, take a look over on the left of the chart.

The ASX flopped down until it made contact with a rising (pink) Mercury line ... and a new one of those is now very close to the current price action. There's no certainty the rising Mercury will be strong enough to change the downtrend back into full-on rally mode, but we can use some other techniques to get a sense of where the drop will stop.

Firstly, let's take a look at a weekly Bi-BB chart. The use of Bi-BB charts is outlined in The Technical Section of The Idiot & The Moon, and is one of the two most strongly-recommended techniques for trading safely.

The first thing to take note of is the distinctly higher trough developing in the histograms of the fast MACD oscillator ... positive divergence. The second is the projection being made by the Fibonacci extension tool.

A corrective downtrend tends to make what Elliott Wave analysts describe as an ABC pattern, where A is the first wave down, the B is a bounce, and the final downleg is the C wave. We appear to be well into the C wave.

 It is not at all unusual for the C wave to be some level of Fibonacci projection of the A wave. The index ended last week with a touch of the 618 extension of wave A. Often A and C are close to the same length and if that holds true this time, the ASX is headed to the 5100s before either a major uptrend, or even a resumption of the overall Bull trend, starts.

We have a couple of alternative price targets to watch using Auntie's Weekly Planets chart, which most of you are now thoroughly familiar with.

Our Big Bird oscillator is in a dive, strongly suggesting there is more downside to come before a reliable and safe bounce can take hold.

Traders should be very cautious if any bounce in the next week or two cannot close decisively above those two blue Saturn lines which have just failed to hold the price lows. The price levels around 5200 and 5100 should also be monitored for bounce potential should the decline continue.

Turning now to the SP500. I went into its position at some length in the July 13 edition and not much has changed, so you can have a look at that report in the Archives if you need a refresher on the price targets to watch.

We are on the verge of getting a preliminary sell signal using the monthly Idiot chart. Pollyanna is still trying desperately to hold the upper tier line on the monthly Bi-BB chart, but both the fast MACD signal line and histograms have gone negative, so traders do need to be really cautious opening new Long positions on the 500.

Germany's DAX continues to be Europe's outperformer, but it is also into a multi-month correction. The chart below is its long-range planet price chart.

It's playing inside a Pluto/Neptune price zone ... and it has a history of doing so. It occurred during the 2007 Bull peak and the 2009 Bear bottom.

There is much talk about the woes of the Australian market being heavily under the influence of how China is going. It's an easy explanation for the talking heads, who seem to overlook the fact that Australia didn't soar with the eagles when Shanghai went into a major Moon shot this year.

I'd rather trust the planets! And the Idiots. Long story short ... if Auntie goes into bounce mode shortly, hitching a ride on the rising primary planet lines, so too will the other Western indices.

Safe trading - RA
 (Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2015

Read Randall Ashbourne's FREE report
THE IDIOT AND THE MOON FORECAST 2015
Astrological Investing's associate, Randall Ashbourne, is the author of the eBook, The Idiot and The Moon,  Ashbourne's Galactic Trader planetary charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.

The Idiot and the Moon, eBook, available for purchase

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

Bounceback potential in stocks and 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 June 24, 2013

World stock indices and the price of gold are hitting, or are very close to hitting, prices which have the potential to produce a bounceback.

However, the situation overall remains dangerous and complex as both technical conditions and the astrological weather deteriorate.

We have a lot to consider this weekend; most especially whether we are now in the early stages of a developing Bear market in stocks.

But we will begin by reviewing where we are in terms of the correction which started, for most indices, late in May. I indicated then that: "There's a strong chance stock markets have gone into correction mode likely to last for several weeks."

For the past few weekends, as we tracked the decline in European and Asian indices, I've also indicated: "At a glance, the correction on Wall Street still seems to be too shallow, in terms of both Price and Time, to be realistic - especially considering the rapid, steep declines in most other major indices."

And I said last weekend: "Jupiter energy takes centre stage this week, when the fires of optimism will be stoked again ... or the fear will be."

We got the fear mode, which finally produced a Wall Street decline which is much more realistic in terms of an intermediate correction.

It now may be nearing bounceback levels. I would prefer to see a low form in the SP500 in the price range from 1570 to 1540, since the decline still seems a little short of the mark.

However, some of the other world indices are starting to display positive divergence sufficient enough to produce at least a bounce.

But the astrological weather ahead in the next few weeks is full of turmoil ... and we have reached a major Bradley Model turn date. I will leave discussion of The Spooky Stuff until later in this edition.

Since it's the easiest to deal with, we'll begin with a quick look at gold. Long-range, it has hit an important Fibonacci Retracement level.

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Purely from a technical perspective, this is a normal retracement which, if it holds, keeps the long-term uptrend in a strong position. And it should hold, at least for a relatively strong bounce. The danger is that the long-range oscillator continues its deep dive.

From a planetary perspective, gold has lost the primary Pluto line at 1360 and a primary Sun line - with last week's drop taking price down to a secondary Pluto level. The potential good news is that not only has it now hit a long-range FiboRx price, but it has dipped into Pluto prices with a third instance of positive divergence in the oscillator, though it is mild divergence rather than strident.

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There is one other factor which could help to produce a bounce ... Heliocentric Mercury goes into Sagittarius this weekend for a brief visit into early July. It's a position which frequently causes a gold rally. It's not a certainty, but as we can see from the weekly gold price chart below, it does tend to have an impact.

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Now let's turn our attention to Pollyanna, the SP500. Well, Polly actually ran screaming from the stage last week for a Chicken Little revival. As usual, Wall Street was more than a day late and a lot more than a dollar short in doing what everyone else was sure of weeks ago.

There is a reason I call the SP500 Pollyanna ... or The Vacuous Troll. However, reality finally dawned that Benign Ben isn't going to drop money from helicopters in QE4ever.

The index finally dropped out of the uptrend channel which has defined the rally since it launched late last year. The drop has taken it down into a potential Full Moon low, which is a statistical tendency. The only thing that concerns me is I'd have preferred to see it hit price levels from 1570 to 1540.

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Now let's look at the index in terms of the wider rally channel in play since the bottom of the Bear crash in 2009. While it has lost the intermediate-term rally angle, it came to rest at the end of the week with a little bounce from one of the long-term channel markers.

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The bad news is that the long-range Canary, the Big Bird, has dipped below the upper red line in the oscillator panel, which is a clear warning the inner technical strength of the Bull run is starting to fade again.

Now I have been indicating since late May that I thought this was going to be an intermediate-length correction, lasting probably 5 to 8 weeks. There is a chance it is something much worse. However, there are no major warning signs on the monthly charts, so I'm still leaning towards the optimistic outcome ... which is that this is the last major correction before the final, the last, rally of this Bull run.

But ... two things. Firstly, the combined impact of Neptune going Retrograde and last week's Sun-Jupiter conjunction. They're marked on Pollyanna's long-range monthly chart below with blue bars for Sun-Jupiter conjunctions and red bars for Neptune Rx.

And they have a nasty habit of showing up at important turning points!

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And we also have the Bradley Model suggesting a major trend change. I dealt with the Bradley Model at some length in the June 3 Eye of Ra (click here), or you can access via the Archives button on my web site. (http://www.theidiotandthemoon.com/index.html)

I repeat the warning: It is the dates which are important, not the direction nor the amplititude of the swing.

The next trend change dates for this year don't occur until early September and early October.

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Okay, now let's discuss The Spooky Stuff - because the astrological weather is full of change in the next few weeks.

Jupiter changes signs into Cancer this week ... Venus goes into Leo, where she throws off the dowdy house frock, gets a new "do" and piles on the bling ... and Mercury the brat mischief maker goes Retrograde.

We have discussed Mercury Rx many, many times. And here we go again. DOUBLE-check EVERYTHING you do for the next few weeks to make sure you are actually doing what you intended to do!

Before you hit the Buy or Sell button, pause ... consciously think ... double-check that you WANT to Buy or Sell. You have a stronger than usual chance of hitting the wrong button. But ... ONLY if you're being inattentive! This is not the world out to "get" you. It's you!

Now, it is true that data feeds go awry for a couple of days around the Rx and Direct dates; it is true that emails go missing; it is true that computers do the damndest things.

And it is also true ... more often than not ... that markets will start a trend around the Rx date which reverses course halfway through the Rx phase ... and then arrive at the Direct date a few weeks later with prices pretty much within a per cent or so of where the whole silly phase started.

So, Mercury is Rx from June 26 to July 20. Just pay attention!

Jupiter's shift into Cancer should accelerate sector rotation ... that is, money will flow out of stock sectors which have been popular over the past year or so and into different sectors. I discussed this in the May 13 edition.

It also puts the planet of expansion on track to make a Grand Trine, which is the most benevolent of all astrological aspects, with Neptune in Pisces and Saturn in Scorpio. Neptune rules Pisces, so is in a good mood; Jupiter is exalted in Cancer, so he is reasonably benign; and Saturn in Scorpio is associated historically with strong stock market rallies.

The aspect becomes exact in mid-July. We will need to watch the performance of stock indices very closely then, because a Grand Trine is a very powerful aspect likely to produce an important high or low.

Okay then ... let's recap. Most of the world stock indices behaved themselves ... launching into a strong, intermediate correction in late May. The Vacuous Troll kept dancing to the old Benny and the Feds soundtrack, but also finally faced reality. Apart from Polly, most indices have already hit - and in some cases re-tested - potential bounce levels.

We have a Murky Wrecks period fast approaching, which have a tendency to start a short-term trend change which reverses course halfway through. Helio Merc is going into Sadge and Geo Venus is going into Leo, both of which have a reasonably strong tendency to be good for a gold rally ... as the metal hits a long-range Fibo Rx level, with some intermediate-term positive divergence.


So, I think we have the potential for a good bounce in both gold and stocks getting underway this week. It's probably not going to be long-lasting for either of them ... and over the longer-term, warning sirens are starting to wind-up for stock markets.

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 , 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...

It is NEVER too late in the year to have this monthly information!

Saturn, gold and WPs for TSX and 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 April 29, 2013

 Markets rallied last week between 3 of the 4 astrological aspects reviewed in last weekend's edition.

It started with Venus in opposition to Saturn and continued into the lunar eclipse Full Moon (with the Moon conjunct Saturn) and tended to stall going into this weekend's Sun opposition Saturn aspect.

The remaining one of the four, and perhaps the most important, arrives midway through the coming week - Mars opposed to Saturn.

If markets continue rising into the aspect - and that is certainly possible given it's the end of the month - we will all need to watch target levels and oscillators very carefully for signs of a potential intermediate peak.

There are still no major alarm bells going off in the SP500's monthly charts, but signs of weakening are starting to become obvious in weekly charts.

However, since it has been a while since I reviewed the state of the Asian indices and because I neglected to update Canadian readers recently when I published updated Weekly Planets charts for Western indices, most of this edition will deal with those markets.

We'll also take another look at gold. I had an email exchange with an Indian businessman during the week who is tipping significant reversals in gold prices on May 10 and 17, based on his interpretation of the Vedic aspects.

I am by no means any sort of an expert on Vedic astrology, which forms part of the daily culture of Hindi society. However, I do know from past studies that it tends to be much better than Western astrology at predicting actual events and timing. As always, the accuracy of the forecast depends on both the skill and the bias of the interpreter.

The bounceback in greenback gold prices has been strong - and continues to conform to the planetary charts I revealed this year in Forecast 2013.

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Over the past couple of weekends, we've discussed gold at some length and in the Archives you will find the weekly chart with the major price targets marked. For those of you trading gold, or gold miners, without the benefit of the planetary charts, the Fibonacci retracement levels provide alternative targets.

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Obviously, the red FiboRx levels deal with only the recent nosedive, while the blue levels show a wider range from an earlier peak. What is interesting, at least at a surface level, is the apparent importance of 50% markers - something the ASX200 does often. Last week's continued bounce went close to recapturing the 618 FiboRx of the sharp downleg, before ending the week near the 50% marker.

Now that we have a wider range to view, we can see that the sideways shuffle before the plunge also took place within what can now be defined as a 618-50% horizontal zone. Important consolidations, either up or down, often become a 50% range marker. It could mean the gold correction is over. I'm still quite uncertain that is the case - and I wouldn't be confident about the resumption of a gold bull market until I see a marginally lower price trough accompanied by a higher low in the long-range oscillator.

Before turning to Canada and Asia, let's take another quick look at a chart I published recently for Pollyanna, the SP500.

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I indicated recently Miss Polly may be embarked on a run between different Uranus/Pluto planetary lines - a run which began at the lower yellow oval and may be heading for the higher oval, priced at around 1609.

Now, my apologies to Canada. I forgot to update you when I last looked at the Western indices. So, to make it up, I'll give you both a Weekly Planets chart and a long-range version, starting with the latter.

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And the Weekly Planets chart, with a narrower range of price targets, is below.

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India's Nifty50 is next. It put in a recent bottom at a Saturn/Uranus level - and backed off last week from a weekly Saturn line. If the index is going higher, it could have the next Saturn/Uranus zone as a target - around the 6200s.

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Next we go to KL, which has a tendency to target Node lines for major moves, with interim stalls at Saturn levels. The small-range stalling in the past few weeks is fairly obvious, but the oscillator isn't wavering and, having overcome the 1666 Node line, the next major target is in the 1750s.

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Jakarta appears to be in a weaker position. It has been trapped by a primary overhead Saturn - and the oscillator is declining. Since the oscillator is still well above the +100 level, it is possible it could turn out to be a continuation pattern and there'll be a new surge to about 5150, which is the next highest Neptune level.

If you look at the chart, you can see the past importance of the grey Neptune lines. Having consolidated on top of the last one now priced at 4750ish, the higher level does seem to be a valid target.

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Up to Singapore, where there has been much to-ing and fro-ing as the index consolidates below the primary Neptune level which capped the STI's 2010 price peaks. The falling highs of the MACD histogram peaks indicate growing internal weakness - and this Neptune level is obviously a strong one. Breakout puts the 3500s as the next major planetary barrier.

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Over to Hong Kong, where the Hang Seng has recovered from an apparent false break below a primary Saturn.

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And next a quick visit to Shanghai ...

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And, finally, to the ASX200 ...

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And that's a wrap for this weekend. The target prices within the Weekly Planets charts don't change too much from one week to the next, so you might want to keep track of your favorite index until these are updated again in a few weeks.
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 , 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...

It is NEVER too late in the year to have this monthly information!