A major shift in planetary energies

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 July 22, 2013

Shift in planetary energy

Wall Street completed its Grand Trine week with the SP500 closing at a new all-time High.

But the rest of the world did not. It has been one of those relatively rare instances where American markets rallied all the way through the Mercury Retrograde cycle.

And that's part of what now leaves everyone just a little more vulnerable.

Because this week brings a major mood shift as various planets change signs, or direction. The Sun goes into Leo, Venus into Virgo; Uranus has gone Retrograde and Mercury is turning Direct again.

Mars will conjunct Jupiter, providing a last burst of energy to the Grand Trine involving Jupiter, Saturn and Neptune. By the end of the week, the energy shift of the planets could turn markets from optimism to pessimism.

The Sun will square Saturn and Mars will start igniting the Uranus/Pluto square again ... as a precursor to Jupiter making the same aspects in what I mentioned last weekend Ray Merriman calls a bankruptcy signature.

Since we've been discussing the danger that markets are now in the process of topping-out the Bull run, I'll publish some more targets for non-American markets this weekend.

We will deal first, however, with a little more of The Spooky Stuff. Probably the two most significant transits in the immediate future are the Mars conjunction to Jupiter followed by Mars square Uranus.

Many of you may have heard dire, dire warnings of ... gasp*shock*horror ... "the Mars-Uranus crash cycle". I have dealt with this before. It's carp. And, yes, that's a misspelling. Mars makes some aspect with Uranus a couple of times a year ... and the hard aspects have no regular, reliable track record of producing a crash. Not even a little one.

In the chart below I have marked the Mars-Jupiter conjunctions with thick blue bars and Mars-Uranus squares with thick red ones. We have eight examples of Mars-Uranus squares ... and not a single one of them produced any sort of crash. In fact, one could argue the reverse.

There is more danger of Mars-Jupiter conjunctions producing an intermediate top.

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Either one of these aspects does carry enough punch to turn markets in a new direction. BUT! Time and Price have to "meet" precisely before one can predict a change with any degree of certainty.

I was watching Pollyanna, the SP500, and the ASX 200 quite closely last week to see if either of them intended making that "meeting". They didn't.

But, they do have another chance early this week. For Pollyanna, the two key Price levels are at 1704 and 1654. Allow about $3 either side of those numbers.

IF Miss Pollyanna jumps to 1704 and immediately starts to back down strongly, get out of Dodge! This is the Time & Price meeting place in space for the whole Mars-Jupiter-Saturn-Neptune interchange.

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It's interesting that Miss Polly was not the only index to studiously avoid that meeting last week. So close ... and, yet, so far, was also the case for the ASX 200.

Auntie ASX just stopped in mid-air, flatly refusing to go to a meeting that could have forced the index to change direction.

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And it was mid-air, which is a little more obvious in my personal planetary chart for the ASX below. Had either of these indices hit those exact price levels and failed to break through, it would have been a very bad sign for further gains in the intermediate future.

The Time & Price meeting place is activated again early this coming week and the action - and reaction - will have to be watched very closely if Polly hits the very early 1700s, or 5042ish for Auntie.

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 Failure to hit the exact Price levels, on Time, makes it a lot more difficult to determine a significant change of direction.

Now, I showed Bull target levels for Pollyanna, the FTSE and the ASX last weekend and indicated I'd update charts for other indices in the coming weeks.

This weekend, we'll look at India, Singapore and Shanghai.

INDIA

Our first chart is a long-range monthly for the Sensex. It is once again approaching the key level in the 20,200s ... and with a medium-term oscillator looking distinctly unhappy. Obviously, to eliminate the danger implied by making a triple-top, the index needs to break through the long-range barrier decisively.

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The Weekly Planets chart for the Nifty is below. It ended last week retesting a Saturn-Neptune price zone. It's a key level the index must break through decisively to trigger the final potential targets for India's Bull.

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If it can do that, the next danger zone is in the range from about 6200 to the mid 6400s. This is the range of the planetary line-up which stopped the two previous Bull peaks. If the Nifty gets through that barrier, the target becomes the 7000s.

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 SINGAPORE

The STI is also approaching a key barrier. I used the American charts last week to show how Big Bird and the medium-range oscillator tend to give advance warning when markets are making either a long-range top, or bottom.

And there are further examples below. The double-bottom in Price terms of the early 2000s Bear showed clear positive divergence in the oscillator ... as the run into the 2007 Bull peak showed clear negative divergence.

And then, another obvious case of positive divergence at the 2009 Bear bottom. And I repeat what I've been saying about Pollyanna ... we are not yet receiving warning sirens that suggest we are in dire and imminent danger. There is some relatively mild divergence in the current state of the oscillator versus price. The sirens are starting to go off ... but they're not yet becoming strident.

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Now, while the chart above shows a technical level of significant resistance in the early 3300s, the STI's Weekly Planets chart, below, offers three higher targets if the topping process is going to continue into the August-October timeframe.

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CHINA

It's difficult to get a read on Shanghai, which continues to test the validity of the Bear low. Mild positive divergence in the oscillator seems to be trying to build, but so far can't manage to get traction.

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But the index needs to recover the Neptune level at around 2056 on the long-range planetary chart below ... or it's in danger of plunging another 25%.

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Okay, for those of you unskilled in technical mischief, you can do a right-click on any of these charts and save them as an image to consult in the coming weeks. Yes, I know ... India, Singapore, China. Not a lot of technical ineptitude going on there.

Keep a close eye on what prices Polly and Auntie get up to on Monday/Tuesday. Loud warning sirens if Polly especially goes to around 1704 and poops her panties! If she goes through ... decisively ... we'll probably go back into goo-goo/ga-ga/gush mode.

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

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What's stopping Pollyanna from rising

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 October 8, 2012

 Gloom Boom & Doom guy, Marc Faber, says he has moved to cash in anticipation of a looming 20% plunge in Wall Street stocks.

When? Sometime in the next 6 months. That's a long time to spend nursing an ulcer and gnawing on fingernails.

So, we'll spend a little time in the first part of this weekend's edition having a close look at the planetary price barriers blocking Miss Pollyanna's efforts to break above the 1460s.

We're in the lunar phase period now between the 3rd Quarter Moon and the New Moon and early in the coming week the Sun will trine Jupiter and Venus will trine Pluto; all together, three astrological signatures with the potential positive energy to allow an upside breakout.

But first, the broad-based SP500 has to overcome strong Neptune resistance at the 1468 level. We'll have a look in a moment at why Miss Polly has been having trouble at that level ... and some hints from Friday's price action that she could continue to have trouble, in spite of the positive astro energy.

Faber believes the American markets - and many individual stocks within those markets - have peaked. He may be right and I confess I expected markets to top out much earlier in the year.

However, markets continue to defy Bearish expectations - which is why we continue to take it step-by-step, considering the upside potential, as well as the downside; and, most importantly, watching closely for any warning signs from croaking Canaries.

Now that we have some October price action to display, let's begin with another look at my long-range Old Gods chart for the SP500.

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We've anticipated that the dotted Neptune line at 1468 would provide strong resistance to further gains in Miss Pollyanna, because of the role it played, along with the Pluto line now priced at 1522, in the topping process of the 2007 Bull peak.

But, we've also been discussing the lack of negative divergence in certain technical oscillators, expecting that a breakout above 1468 could well be a "probable", rather than merely a "possible".

So, let's take a closer look at what's happening with the 500 in relation to the planetary portents.

It's obvious from the long-range Old Gods chart above that the index is having another go at challenging Neptune's power. And since that chart is a monthly, it gives us a pretty good idea of the likely price range for October - whether it's breakout or breakdown.

We all know from the Weekly Planets charts for various indices that meetings with the cyan Saturn lines are always a reliable stopper and frequently turn out to be a weekly High or Low.

On Friday, Mercury had a meeting with Saturn, forming a "price crossing point". What normally happens with these points is that if price breaks through and Closes above the exact level, it sets the stage for a rally boost.

On the other hand, if price rises into the exact level and then backs away, the odds increase that an important target peak has been hit - and the immediate path ahead is downwards.

Friday's price action suggests this is what has happened ... and the negativity is strengthened because the block shows up in both directions.

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The Chart above shows the index running into trouble and back off from a rising Mercury/Saturn price Crossing.

The chart below shows that the price crossing point is doubly significant because it also shows up as a falling Mercury/Saturn level.

And, we can see that the grey Neptune barrier marked on the long-range Old Gods chart is integrated into the configuration.

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So, it's going to take a big boost very early in the coming week to break that triple barrier. Otherwise, Miss Polly may have to vacate the stage for one of Chicken Little's appearances.

In normal circumstances, the omens from these three charts would convince me to Short the 500 big time ... for at least a short time.

Central Bank interference, the generally positive lunar phase, and the fact the Americans are on election countdown might throw a spanner in the works and distort what is normal.

However, there is a fairly obvious Stop Loss level.

The FTSE Weekly Planets chart is below and even though it's a weekly, shows what will probably turn out to be the Highs and Lows for October.

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And the chart below is the DAX Weekly Planets.

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Okay, I think there's enough information in those charts for Americans and Europeans to make a decision about what they do for October, so we'll change hemispheres.

Last weekend, I republished a very simple chart for Auntie, the ASX200, and said:

"I display this chart once again as an example of just how simple - and informative - a chart can be without having to rely on expensive software. It actually flies in the face of the omens from the NDX. The downtrend angle has been broken and the long-range Canary is suggesting further upside ..."

Well, it did fly in the face of the alarm bells going off in the NDX chart and not only met its target, but exceeded it.

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And the bad news for the Bears is ... the long-range Canary loves it, loves it, loves it! Despite the low level of last week's High, the oscillator is putting in its best performance since the 2009 Bear bottom. Of course, it might not actually end October looking that way!

The 4758 target seems both difficult and unlikely, in spite of the oscillator ... so let's look at some less-daunting targets.

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There is an obvious double-Fibonacci barrier not far north of the current price action. While the oscillator is not quite as gleeful on the weekly as it currently displays on the monthly, it's certainly strong enough to suggest those Fibonacci levels are likely to be challenged.

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And the Fibonacci targets are endorsed, too, by Auntie's Weekly Planets chart. I mentioned earlier the importance of the cyan Saturns on the Weekly Planets charts for various indices - and we can see they were in play last week on the ASX200. The more important key to Auntie's likely range for the month is the two Uranus levels, currently at 4560 and 4437.

Now, I really want to take a look at Shanghai, even though China has been on holiday, because there's a chance the main index there may be bottoming - and that might explain the optimism evident in the ASX200.

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We've already discussed the importance of Saturn lines. In astrological mythology and symbolism, Saturn sets boundaries. What is significant, well potentially significant, on the chart of the Shanghai index is the thick Saturn line. Over on the far left, we can see this capped prices until it was broken and the index launched into a massive blow-off.

Then, it became important again - acting as the bottom stop on the plunge which followed the blow-off. Now, it's reacting again to that same primary Saturn boundary.

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The chart above is a weekly, zooming-in on the price action from the Bear plunge to now. The main Old Gods players for Shanghai are Saturn, Uranus and Neptune. We have some mild positive divergence in the current state of the oscillator, suggesting the main Chinese index is going to make a solid attempt at regaining the territory above the primary Saturn line.

If it can do it, it opens the potential for a fast and significant rally. The current blockage is priced between 2092 and 2106. Breaking through the restriction, opens a probable target of 2406 before further major consolidation.

The Hang Seng is in a similar position.

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The MACD is not displaying a lot of internal oomph; but if price can get on top of the Saturn/Neptune barriers it does open up 24,000 as a likely target.

Singapore, the Straits Times Index, is below ... and it appears to have already started the move; though it's MACD signals are also giving signs of wanting to croak.

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Our final chart for this weekend is India's Nifty. The index spent a couple of weeks gathering strength at the 5690s level, listed as a target in the Eye a few weeks ago ... and now has a potential target of 6000 in sight, given the apparent strength of its MACD signal.

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My apologies for not returning to the Canadian indices this week; I'll try next week.

Okay, we've been through a fair bit of territory this weekend. We have a number of indices perking up and finally starting to put on a spurt - with some charts suggesting Wall Street won't be one of them without some form of Benzedrine boost to get Pollyanna above 1468.

However, I've tried to include as many charts as I can indicating the probable range that will be traded in various indices over the remainder of the month.

Safe trading - RA

Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, 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 article, 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 - 2011-2012