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The World At Large
Week beginning June 15, 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

Most worldwide stock indices have a lot of ground to make up in short time if they are to return to levels they were at when Mercury went Retrograde late last month.

Technical indicators suggest most stock markets will bounce higher this week and the Wall Street indices are within relatively easy reach of returning to within a per cent of the Mercury Rx price levels by the time the communications planet returns to Direct motion late this week.

However, other indices – such as the ASX 200 and London’s FTSE 100 – would need to rally hard.

And then we have some other indices, like Japan’s Nikkei, which managed to put in a new High, rather than falling, during the Mercury Rx period.

In short, the Mercury Rx period has performed erratically, as we expected that it would.

It has, however, inflicted significant technical damage on many indices. Some of that damage can be explained by last week’s square aspects of the Sun and Venus to Uranus, which again “translated” the still-emerging energy of the Saturn-Uranus opposition which becomes exact for the first time late this year.

Once again, we have seen a warning of how badly stock markets may be impacted by this long-term aspect, which will repeat itself five times between November and mid- 2010.

The aspect unfolds only every 45 years. In plain-speak, it is one of The Big Ones. Uranus has rulership of stock markets and Saturn is the planet we associate with restriction and hard times.

Saturn in opposition to Uranus represents the climax of a cycle which began when the two planets were last in conjunction with each other early in 1988. As Saturn neared the conjunction in late 1987, world stock markets crashed.

As the conjunction occurred, Wall Street started out on a spectacular Bull run which lasted until 1999/2000 when Saturn began squaring Uranus – and prompted a big Bear slump.

What we’ve seen this year are the fast planets – Mercury, Venus and the Sun – making an aspect with Saturn and then transferring its energy to Uranus as they’ve moved forward.

And that’s what happened again last week. Given its occurrence during a Mercury Rx period, it is possible we’ve now seen the worst for the short term and that we will return to a period of more stable trading.

However, we now need to be aware of several different factors which can influence markets quite dramatically.

  •   We are entering a seasonally weak period for stocks … the “Sell in May and go away” mantra.
  •   Significant technical damage has been inflicted on some charts.
  •   A series of high-energy astrological aspects begin unfolding over the next few weeks, some of which have a strong historical relationship with major market turning points.

To start … this weekend Pluto has re-entered the sign of Sagittarius. It is possible that its temporary break from the heavy Capricorn influence will help “lighten the mood”, especially as it affects the big financial stocks.

Mid-week, Venus will oppose Pluto and that will be followed by the Sun’s opposition late in the week. Given that Venus rules money … and Pluto rules Big money … we can expect something to happen which impacts on banking and financial stocks.

Mercury goes Direct again not long after Wall Street opens on Thursday. Before that happens, Heliocentric Mercury will conjunct Jupiter and Geocentric Mars will inconjunct Uranus. The latter aspect suggests there will be a significant “adjustment” to stock
prices.

This week, both the Sun and Venus will change signs to Cancer and next weekend Mars will oppose Neptune, an aspect likely to have a strong impact on oil prices.

The last week of June sees Uranus going Retrograde. And then, in early July, the Sun and Venus will oppose Jupiter as Mars conjuncts Saturn. The Sun/Venus oppositions suggest some sudden, big movements in prices on Wall Street and the Mars conjunction to Saturn suggests “drive” will hit a brick wall and be stopped dead in its tracks.

The problem here is in trying to forecast where markets will go as this high-energy period unfolds.

If the January and March Lows marked the bottoming of a four-year cycle, as many analysts believe, stock markets should be in the first stage of a new Bull run which takes markets to new Highs before the Saturn-Uranus opposition begins to give real bite to a new Bear phase in the long-term cycles.

But, it’s difficult to see the “energy” being there to fuel a big rally with the drive planet, Mars, rapidly heading for a big, brick wall.
And so, we need to look at the technical charts – as confounding as they may be by Mercury’s mischief – to see what is more likely to happen.

UNITED STATES
Dow Jones Transports [click to view the charts and download the entire Adobe PDF file]

The Transports formed a Bearish short-term double top at the level of last year’s Highs before retreating to find price support at a high level – and on the uptrend line rising from this year’s Lows.....(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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