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
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
