Great caution may need to
be exercised with Long positions in stocks this week as major American,
European and Australian share indices appear to be putting in at
least short-term tops.
However, care may also be needed jumping
into Short positions too early because of the chance indices will
suddenly explode upwards in an exhaustion style of move.
This week opens with Venusian energy,
as the planet symbolising money makes a sextile to Uranus and a
trine to Jupiter – repeating last week’s pattern when
the Sun made precisely those aspects early in the week.
The two are reinforcing the Jupiter-Uranus
sextile which becomes exact again in the closing hours of Wednesday
trading in New York.
As discussed previously, these aspects
indicate a positive flow of astrological energy which has been supporting
the worldwide rally out of the March Lows.
Around lunchtime Tuesday, in Asian
trading, we will have a Scorpio Full Moon, followed by the Moon’s
passage into Sagittarius for a couple of days. The Sagittarian energy
is associated with both optimism and exaggeration and the Moon’s
passage here often sees large price swings.
But there are three other significant
astrological signatures occurring this week … Venus squares
Neptune, the Sun enters Gemini, and then, in late Thursday trading
in New York, the Sun will square Saturn.
The technical picture of what is possible
will become clearer when we look at the charts shortly.
Basically, though, the rally looks
to be topping and approaching a pullback of some degree.
We need to be wary, however, for a
curve ball or two. The positive Venusian energy, coupled with the
Moon in Sagittarius and the Jupiter-Uranus sextile becoming exact
again, increases the chances of a sharp blow-off designed to lull
the Longs into a false
sense of security and trap the Shorts on the wrong side of an awaited
pullback.
Neptune can act like Jupiter, especially
being acted on by Venus from her home sign of Taurus. Neptune and
its sign Pisces symbolise the dissolving of boundaries.
On the other hand, Saturn and its
sign Capricorn, represent very strict boundaries. And, in the coming
week, it’s Venus, Jupiter, Uranus and Neptune in a clash with
Saturn.
We’ll begin the week’s
charts with this look at the ASX 200 daily which has been in a sharp,
7-day rally...click
to view the charts and download the entire Adobe PDF file
This weekend’s report is briefer
than normal and so, probably, will be next week’s. The Autumn
winds have arrived across southern Australia, bringing rain; no
good for unaspected Sagittarian Suns.
I’ll catch you next weekend
from Bangkok.
Remember there’s a Bradley Model
major turn due in early June and if it’s a Low, which is what
I suspect will happen, we’ll be back in Bull mode until late
in the year.
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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