Astrological energy patterns
are shifting to a more positive flow over the next three to four
weeks, suggesting a strong rally is now only days away from getting
underway.
There is, however, a caveat …
and it is based on both astrological and technical conditions.
And the caveat is that the exhaustion
washout might not yet have hit absolute bottom. Astrologically,
the worst of the negative energy symbolised by last week’s
conjunction of Mars with Saturn should now recede rapidly.
I warned last week we could not be
certain we had reached the bottom of the downtrend which began in
late May until we saw what happened as the conjunction became exact
in late Thursday trading in New York – Friday trading in Australia
and Asia.
There was a chance the energy might exhaust itself early in the
week with Mars parallel Saturn.
What happened was that we hit a new,
intraday low early in the week with the parallel, before the more
positive energy of the Sun opposing Jupiter tried to spark a rally
… and then the collapse into the end of the week.
The bad news is that, having made
the conjunction to Saturn, Mars is now moving to oppose Uranus.
This sets off, yet again, a “translation”
effect of the big Saturn opposed Uranus cycle which makes its first
exact hit in November.
Over the past few months, we’ve seen what happens when the
Sun, Mercury and Venus have triggered that long-term cycle through
their own “translations” of the energy.
And Mars packs a hell of a lot more
punch, at least in astrological symbolism, than any of those three.
However, the Mars opposition to Uranus
does not become exact until August 6 … and, in the meantime,
it makes a trine to Jupiter, while Mercury repeats the recent Sun/Venus
aspects of opposing Jupiter and trining Uranus.
Effectively then, we now have a three
to four week window opening up where the astrological emphasis shifts
away from Saturn to Jupiter and Uranus, which are still sextile
to each other.
This change in the cosmic mood coincides
with technical readings indicating conditions are just about right
for a turnaround.
Trying to time the turn is a little complicated because there’s
a danger last Friday’s big drops could provoke a panic plunge
which cuts another five per cent off the value of some of the major
stock indices.
Technically, including Fibonacci time
periods, a significant turn could be as far away as this coming
Friday – or Wednesday/Thursday of next week.
Astrologically, we could be set for
a turn virtually immediately – with Venus having changed signs
to Leo this weekend and the Sun due to trine Uranus on Monday, or
Tuesday, depending on which market one is trading.
I will dispense with some of the world
indices reports this week in an attempt to add more colour and detail
to our Big Picture painting of what is happening – and that
Big Picture continues to contain some major divergences between
markets.
The decline since last year’s
Highs has been dramatic … in some ways, too dramatic.
Both the ASX 200 and the S&P 500
are a mere few day’s trading away from hitting a 50% retracement
of the entire Bull run from 2002/2003.
In the big Bear which followed the
2000 peaks, it took 17 months of downtrend to hit that retracement
level.
Something very unusual is happening
… and not least because the depth of this plunge is happening
much earlier than historical studies suggest it should.
Saturn will oppose Uranus an unusual
five times; Pluto has backtracked into Sagittarius.
Normally, the worst of the stock market
declines do not occur until the middle of the Saturn-Uranus opposition
cycle … and it hasn’t even really started yet. And markets
normally hit all-time Highs with Pluto in the early degrees of a
Cardinal sign (Capricorn, in this case) before plunging to new Bear
market Lows – and then recovering – as Pluto slowly
transits the sign.
The normal pattern for markets in
years ending with an “8” is to make a Low in the first
quarter, before mounting a strong rally to new Highs. When markets
began rallying out of the March Lows, it looked as if that pattern
were going to repeat, especially since the May decline began under
a Mercury Retrograde period which normally reverses course halfway
through.
The Dow Jones Transports continue
to give a non-confirmation of the DJI’s new Lows. I am not
a fan of the “it’s different this time” camp because
things very rarely are different.
It is true we are seeing a fundamental
geoeconomic shift which could be complicating the omens, as well
as a shift within the American economy from domestic demand to world
export demand.
UNITED STATES
Dow Jones Transports [click
to view the charts and download the entire Adobe PDF file]
The DJT, which normally makes its Highs and Lows a little ahead
of the DJI, continues to show huge divergence from the state of
the Industrials.
Closer analysis of the DJT components
suggests it is the railroads, rather than road and air transport,
which are holding the index up in spite of record oil prices.
And that’s because there has
been a big shift … as domestic demand has softened, the low
value of the US dollar has helped drive export growth....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.
***
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