Astrological Members Articles Investment Clubs About Us Contact Us Shop @

The World At Large
Week beginning August 17, 2008
by Randall Ashbourne

Astrological conditions affecting stock markets combined with technical analysis

Click here for the full version of this report including technical charts in PDF format

The slow grind upwards out of the July Low continues … and the contradictions between various indices are becoming even more strained.

Conditions in the technical indicators have not deteriorated to any significant degree. No new Hindenberg Omen has appeared to increase the chances of a sharp downward spike.

Small cap indices – and the Nasdaq – continue to outperform the big boys.

The US dollar has been rallying as oil and gold head south. The rising greenback is both a blessing and a curse; it helps American consumers in a number of ways … making it cheaper to fill the tank, go shopping for cheap Chinese goods at Wal Mart, or even just the psychological effect of not feeling like a Third World tourist while souvenir shopping in Tijuana.

However, it is a curse in that it inflates the price of American exports, which is the one area of the American economy which has been holding up quite strongly.

In any case, the dollar’s rally and the oil/gold decline are becoming a little stretched, at least on a short-term basis, and corrective movements are likely to have a negative impact on stock indices once the bounceback in oil and gold starts.

We now enter a week in which there are 7 significant astrological events.

It is also a week in which we have the culmination of a Fibonacci timing cluster and a major potential trend change turn date.
And on Friday in New York, the McClellan Oscillator made a very small change, indicating there will be a sudden, sharp move on Wall Street tomorrow or Tuesday.

Today, we have three astrological events which will help to influence market direction over the coming week – the Lunar eclipse Full Moon in Aquarius, Venus trine Jupiter and Mars square Pluto.

As the trading week gets underway, Mercury will trine Jupiter and Mars will change signs from Virgo to Libra. Late in the week, the Sun will trine Pluto and Mercury and Venus will become conjunct before both move to an opposition with Uranus next weekend.

The strongest event is likely to be the Mars sign change. While the ultimate Arien is traditionally considered to be ill at ease in the harmony-seeking sign of Libra, the shift has the potential to lighten up on the gunfire.

Dow Jones Industrials Daily [click to view the chart and download the entire Adobe PDF file]

The first thing we notice is that the DJI continues to bounce off a rising trendline out of the July Lows.

I’ve put two trendlines here and consider the steeper, blue line to be the more legitimate.

The second thing we notice is that upward movement continues to be stopped at horizontal resistance, defined by the January and March Lows.

It’s a rising wedge, which tends to be Bearish; because if prices cannot break decisively above the horizontal resistance, the only alternative is a close below the rising trendline which tends to open the gates on the dam and lead to price falls.

The CCI displays no significant negative divergence, even if the MACD is looking a bit iffy, leaving open the potential for an upside breakout.

.....CLICK HERE to download the FULL version of this report with all technical charts and further comments. (PDF format)

The World At Large is delivered in advance to Astrological Investing Premium Member subscribers.  Randall Ashbourne is a former journalist and political strategist residing in Australia. *QHT Technical Charts created using Quick Harmonic Trader Software, by P.A.S. Astro-Soft, Inc. makers of Galactic Investor Astrology software.


Please help support our site by using our bookshop for all your shopping needs!

All of the written material and graphics are copyrighted by and Randall Ashbourne. Unless otherwise noted, written material and graphics may not be reproduced without written permission. This includes but is not limited to any current articles or archives on Astrological Investing's web site on financial astrology, how to start an investment club, technical analysis, business astrology, or stock market investing
©2016, 2008

about us Home members articles investment clubs articles contact us
               © web design by MTPd'Zines ®, 2006, 2007, 2008