Dow & Co. under Jupiter's Retro
June 2009
The "head and shoulders" pattern is coming visible day by day, pointing to target 8838, as mentioned in my May article.
Now let's see what is ahead?
Important aspects in June:
Neptune-Jupiter cycle, that occurs each 13 years is here again, bringing the inflation, (read about the Dow, the article I published in Sept 08).
About all the other angles and aspects you can read in my Gold article.
60 min graph: the support line changed to resistance line. the Dow would have to break thru it in order to continue it's climb.
Gann turning days: 5, 21 June.
Except the Gann days,watch the following days for a change in trend: 6th, 7th, 13th, specially the 13th, when pluto will oppose the Sun till the end of June. On the 14th Jupiter turn retrograde, plans will delay. 21st, summer equinox, time to plan the summer. 23rd we will get a Mars/Venus conjunction again trining severe Saturn.
During these days a correction will occur, then the Dow will retreat to 7936-7658-7380, only to go and climb again to 10200, and I'll continue to update so don't be a stranger...
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Update June 6,09
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The Dow reached my target, E X A C T L Y (8838) Next target on the graph.
China- SSEA
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. After that, a correction should come to: 2760-2620-2510
Australia- AXJO
For some reason Australia did not reach yet even the first target of 4150. If I had the first trade chart, would be cleverer, but we shall stick to the technicals, and they definetely show an uptrend, so we will be patient here
: India-NSEI Well, looking at the NSEI, I know now why AXJO did not behave as the others!! All the aussies invested in here,  and it rocketed high above my targets, on a single day. Look at the huge "marabozo" the green candle. It was India's elections' day, and optimism rocketed the index. Since then, we can see that it failed to climb higher and it is moving now within the trendlines.Next targets are on the graph.
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Canada: SPTSE: seems they all read my May article, and the index arrived exactly to my targets. But they should also make a correction, so watch the next levels, on the graph.
Tip: If you use MA 18, you cannot go wrong
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Russia:RDX :like Canada, rallied. If the channel is broken either way, targets are on the graph.
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Thank you for being here, Trade carefully
2/6/09
Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.
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