Still waiting for breakout or breakdown

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 May 12,  2014 

 Major world stock indices shuffled sideways for another week ... and with few clear hints about which way they're likely to break.

Wall Street finished Friday with the headlines gushing about the Dow's record close; which is technically true, but is also pure "spin".

We might start to see a bit more action in the coming week, since Venus is now in Aries and will conjunct Uranus, square Pluto and Jupiter and oppose Mars.

And the following week, Mars will end its unusually long retrograde in Libra.

These Venus aspects and the Mars change of direction will repeat the themes from April and earlier in the year ... and, perhaps, provide enough spark for either a breakout or a breakdown.

I'd thought we might look at some price targets for the Venus aspects, but there is little point with so little movement in most of the major indices. Since Jupiter, Uranus and Pluto have moved little, the price targets will be much the same as those I published a few weeks ago for the Cardinal Grand Square aspects.

Let's begin this weekend with a look at "the all-time record high close" in the Dow Jones Industrials. Yeah. Technically true. But not nearly as exciting as it sounds.

It was marginally higher than the 2013 close for the index. Now into the 5th month of 2014 and the index has gone nowhere.

London's FTSE index has gone nowhere for even longer. It made a high a year ago and has spent most of the time since, shuffling around in a 500 point range.

Most of the other major European indices are in a fairly similar situation.

The primary planets chart for Pollyanna, the SP500, is below. That index remains stuck along primary Pluto at about $1876.

And the ASX 200 performed last week fairly much in line with its Weekly Planets chart, topping just short of the 5494 price level in last weekend's edition.

Okay, so what we have is this ... months of trading within a fairly narrow range. Think of it like a spring being wound tighter and tighter.

When all that pent-up energy is released, markets are going to move hard and fast ... and it could be a very, very expensive mistake to be on the wrong side of the move.




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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Astrological Investing New Moon forecast for the New Moon in Taurus, May 9, 2013

Astrological Investing New Moon forecasts show general trends and financial outlook for the month. The New Moon in Taurus,May 9 2013  - Chart from the point of view of Wall Street and the NYSE.

The New Moon in Taurus, May 9, 2013 - Chart from the point of view of Wall Street and the NYSE. (Click for larger image)
 
Markets pushed to record highs.  The strength of last month's new Moon in Aries in the first house, together with The Promise of the Spring Equinox chart, (Read The Spring Equinox, March 20, 2013) could not be undone by ominous daily transiting aspects.  Investors largely ignored events that could have brought out the bears in full force - though we saw some volatile days - market analysts remarked how it was a "stock market rally on steroids." Well, from my perspective, that's a pretty good description of an Aries driven market.

Regarding Venus in Aries, I wrote in last month's newsletter, "You will see investors selling more risky small and mid-cap stocks and buying DOW stocks".  The Russell 2000 (small-cap index) had the biggest declines on days when markets pulled back, and compared to the S&P and the DOW, the Russell is playing catch-up.

The New Moon in Taurus is a Solar Eclipse, following a Full Moon Lunar Eclipse which happened on April 25. It will be followed by another Full Moon Lunar Eclipse on May 25.  We are in a "season of eclipses", ....Click to read this article in full on the astrologicalinvesting.com web site. 
On the web site, read about eclipses and how they will impact the market.  Also, what houses the planets are transiting and the interpretation of the planets in the houses.

A very important word to the wise: Jupiter is at 19° 22' degrees of Gemini - past the mid point of 15°. A new Jupiter cycle begins June 27, 2013, when Jupiter enters the zodiac sign of Cancer. Stocks in the new Jupiter favored sector of Cancer will begin to lead the market.

If you don't know where to find stocks governed by the zodiac sign of Cancer, let Grace Morris help you. Astro Economics Stock Market Newsletter does the research for you. "LEADERS CHANGE AS NEW CYCLE BEGINS ... The new leaders will come from the new favored sectors such as Home Building, Real Estate, Restaurants and more. A full list in next month’s issue.." Grace Morris

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When reading the newsletter on the web site, be sure to take note of the Moon Phases section and get the "Head's Up" - upcoming astrological events list.  Click to read newsletter


Moon Phases
FORECAST 2013 has an index-by-index analysis of Moon Trading across major American, European, Asian and Australian stock indices showing variations in the performance which can help traders time Entry and Exit levels for greatly enhanced profitability - the analysis also identifies those of the major indices where following the phases of the Moon can dramatically cut profits, or even result in large losses.

Read Randall Ashbourne's 2011 article, The Moods of the Moon - Trading the Mood Swings of the Monthly Lunar Cycle

Safe Trading! Marley

Astrological Investing New Moon forecast for the New Moon in Aries, April 10, 2013

Astrological Investing New Moon forecasts show general trends and financial outlook for the month. The New Moon in Aries,  April 10, 2013  - Chart from the point of view of Wall Street and the NYSE.  

The New Moon in Aries, April 10, 2013 - Chart from the point of view of Wall Street and the NYSE. (Click for larger image)

"Reality is frequently inaccurate." - Douglas Adams, from The Restaurant at the End of the Universe

The New Moon in Aries, under the intoxicating influence of Neptune attempts to follow the script set by the Equinox chart. (Read The Spring Equinox, March 20, 2013)

Neptune and Jupiter rule the Pisces rising chart of the New Moon.

An Astrological Trip Around the New Moon in Aries Chart

The New Moon (Sun/ Moon) is in the first house with Uranus, Mars and Venus - Mercury is conjunct the Ascendant

The Sun and Moon in the first house conjunct Venus and Mars is indicative of investor discontent. There will be days of volatility in the market - emphasized by Uranus also being in the first house square Pluto.  Discontentment creates conditions that take unexpected turns.

In financial astrology, Venus represents money, profit and the value of stocks. 
Venus in the first house is usually a very positive influence, however, she is now in a sign of her detriment - Aries - and conjunct Mars.  Contrary to her natural nature, she is the Female Warrior who wants what she wants, when she wants it, and she wants it now.  Investors want to be in stocks, but want reliable performing stocks.  You will see investors selling more risky small and mid-cap stocks and buying DOW stocks. 

Mercury is in the twelfth house on the cusp of the Ascendant.
Whenever a planet is within 5 degrees of the Ascendant its energy is thrust forward, becoming very prominent in the first house. Mercury in any house actively engages a sense of busyness in areas represented by the house.

When it is well aspected it increases trade and work, and new enterprises - when afflicted, the media can get involved in personal attacks - there can be accusations and libelous actions.  Mercury afflicted is indicative of much discontent.

Mercury in Pisces is in its detriment – meaning its natural energy is thwarted.  That being so,  Mercury in Pisces in this New Moon's first house supports the dissatisfaction and unexpected conditions the other planets bring to the first house.

Sun in Aries is exalted - keep that in mind!   When the Aries Sun is in its "home" - the first house - it is very strong regardless what challenges arise.  The placement of the Sun in the first house promises prosperity, and the Aries Sun is determined to push the market further.


Click to read this article in full on the astrologicalinvesting.com web site. 
On the web site, read what houses Jupiter, Saturn, Uranus, Neptune and Pluto are transiting and the interpretation of the planets in the houses.

Also, take note of the Moon Phases section and get the "Head's Up" - upcoming astrological events list.

Moon Phases
FORECAST 2013 has an index-by-index analysis of Moon Trading across major American, European, Asian and Australian stock indices showing variations in the performance which can help traders time Entry and Exit levels for greatly enhanced profitability - the analysis also identifies those of the major indices where following the phases of the Moon can dramatically cut profits, or even result in large losses.

Read Randall Ashbourne's 2011 article, The Moods of the Moon - Trading the Mood Swings of the Monthly Lunar Cycle

Trines,
Marley