It is the week in which the extreme energy of a Cardinal Grand Cross involving Mars, Jupiter, Uranus and Pluto hits its exact orb with all four planets at 13 degrees ... of Aries, Cancer, Libra and Capricorn.
Many stock markets roared northwards again last week, getting a lift from the lunar eclipse Full Moon in Libra into Thursday's Venus trine with Jupiter as the Moon went into Sagittarius.
In the next few days, many things will break. You may have noticed the unusually larger number of significant earthquakes reported in the past few weeks, many of which sparked tsunami warnings from the west Pacific to the coast of South America.
This is one of the "expectations" from a hard aspect involving Uranus and Pluto.
And it's an energy which will hit maximum impact between Monday and Wednesday.
It will coincide with earnings season reports for USA stocks hitting high gear. Some of the world's biggest companies ... Apple, Microsoft, McDonalds, Facebook and Netflix ... are due to report and Wall Street is hoping the results will be good enough to lift markets above the resistance levels that have been holding them back for the first few months of this year.
Margin debt on USA stocks is at its highest level since the previous Bull peak and, by traditional PE methods, the SP500 is massively overvalued.
And the negative divergence on weekly and monthly charts has been building steadily.
Last weekend I published a number of charts showing the exact planetary price levels to watch closely on a number of indices as this week's trading unfolds. I'll include the charts for a number of other indices in this edition.
However, let's begin with an update on the state of Pollyanna, the SP500. Regular readers will know $1876 is an important, long-range price barrier for this index. Last week's strong bounce regained almost all of the previous week's losses and has put the level in-play yet again.
If you're a new reader, you might want to consult the past few editions of the Eye for more background on what to expect. It is possible that this week's action will confirm a long-range Bull market peak has been hit.
The chart below highlights the historical reaction of Pollyanna to two of the aspects hitting exactitude this week. The red bars are Mars opposing Uranus and the blue bars are Jupiter squaring Uranus.
As you can see, one or both were present at both previous Bull peaks for Pollyanna. And that's without having Pluto in the mix!
The next few charts show the exact price levels of these astrological aspects on, in order, the Amsterdam, Paris, Singapore and Malaysian indices.
The relevant chart for my home index, the ASX200 was published last weekend and you can see it there if you need a memory refresher.
Perhaps even more importantly, though, is the fact that on April 10th, the ASX200 briefly kissed a technical level which always sparks a strong reaction downwards.
We discussed this a long time ago now when the American indices hit the level. It is a little-known reaction called hitting "the last low before the high". We're talking about the massive spike down in August 2007, which was the last low before the 2007 Bull high.
It took the index a very long time to get back there - $5483 - and the rebuff from it was sudden and sharp.
It is probably the key breakout level for the Australian stock market, which has dramatically underperformed throughout this 5-year Bullish phase.
The boxed red numbers show the size of the slumps which have occurred during the recovery. You will notice the long-range Big Bird oscillator disagrees emphatically with the attempt to break out northwards.
There is huge danger in hitting major resistance, with weakening oscillators, in the exact timeframe of one of the most extreme aspects we will see in our lifetime.
If this goes as "expected" - which is a breakdown, rather than a breakout - the resulting slump will dwarf those previous declines.
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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