Six significant astrological
aspects occur over the next nine days, indicating the potential
for a growing turnaround in major world stock indices.
This week, we will take a look at
the weekly and monthly charts of some key indices to try to get
an idea of whether the next rally will be a second-degree countertrend
which lasts only a couple of weeks, or whether it will be a longer,
cyclical movement.
Wall Street may have bottomed with
the intraday lows last Tuesday and be in the process of confirming
an intermediate-term low.
But, we cannot be certain the bottom
of the downtrend since late May is in place until we see what unfolds
with the Mars conjunct Saturn aspect which takes place late on Thursday
trading in New York.
Of the six aspects due to complete
over the next two weeks, Mars conjunct Saturn is the strongest –
and it can be highly negative.
Mars, however, can manifest early
and the energy of the aspect could unfold not long after New York
opens after the holiday weekend when Mars makes a parallel to Saturn.
Together with the Uranus Retrograde
station and Mars’ sign change to Virgo last week, the combined
energy may signal the start of a directional movement which lasts
several weeks.
The other key aspects are Venus trining
Uranus before making a sign change to Leo and the Sun opposing Jupiter
before going on to repeat the Venus trine to Uranus.
As the month closes out its final
two weeks, Mercury will repeat those Sun/Venus aspects and Mars
itself will go on to trine Jupiter.
The combination suggests a significant
amount of positive astrological energy is building behind the scenes,
waiting for the extreme negativity of the Mars/Saturn confrontation
to exhaust itself.
And, technically, an exhaustion of
selling energy is precisely what we’ve been seeing in the
markets as indices break key Support levels and fall through even
sharp downtrend lines.
Some real damage has been inflicted
on technical charts, calling into question whether major stock markets
can put in another new High before the Bear takes total control.
UNITED STATES
Dow Jones Industrials [click
to view the charts and download the entire Adobe PDF file]
The daily chart of Wall Street’s blue chip index, the DJI,
shows very little reason for optimism.
The index has dropped lower than either
January, or March, and the only thing in its favour is that it is
deeply oversold......(read more...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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