Indexes & the Gold forecast
for May-June 2010
Since April 5, the market is going sideways in TA25. Do we "know" something that the rest of the world doesn't? The Dow is on it's way up since April 8, just as I wrote in my March letter. There I also mentioned the Apr.28th as a turn in trend.
Today's spot before market opens is 11204. This price equals to 14 Taurus. Next expected levels are 11212-11218.
Will it go beyond that? Let's turn to the planets, they have the answers.
Important days:
Saturn- Uranus opposition ends on May 7. Saturn kept the balance until now. From now on Uranus is on it's own…
May1: Saturn in 150 deg to Neptune. This effect will last till: end of June (orb1 deg)
Sunday: May 2: Mercury trines Pluto, exact aspect on May 4th.
Monday: May 3: Sun squares Mars till 5.8
May 7: Moon apogee (far from Earth)
May 8 : Opposition between Saturn-Uranus ends, a new era begins.
May 9 : Open with a gap, Moon Jupiter conjunction,Mars square Sun. Moon is in opposition to Saturn will it block the fall? I doubt...Because Moon is also conjunct Uranus, therefore the gap.
Second week: 10-15 May, the only highlight is a small angle between Sun-Venus, of 30 deg. Not much to say May11-19 exact on the 15th
May 11: A sextile ( positive) between Sun& Jupiter is forming, reaches exact degree on May 18.
May 12: Mercury turns Direct…
May 14: New Moon in Taurus
Third week: May 16 – 21.
May 16: Venus squares Jupiter till 5.18 and the Moon is VOC. The Sun sextile Venus till the 19th . The Sun is a winner against Venus, so these days can mark a rally up. BUT on:
May 17: Sun sextile Jupiter till 5.19 & Venus squares Saturn, Uranus-Neptune 30 degrees attachment ends…
On this day Saturn will be at 10918 ( +30; - 30 points) so this position will sign a top or a bottom.
May 18: Sun trine Saturn & Jupiter joins Uranus thus opposing Saturn. This will mark a major turn in May. There will be some positive angles too between quick planets, with minor effect.
May 19: Venus squares Uranus, Sun squares Neptune, and send 150 deg. angle to Uranus. Mid month signals us major problems!
May 20: Venus ingress cancer. And Moon perigee (close)
May 21: Sun enters Gemini. Happy birthday! Volatility is my middle name, says Gemini.
Fourth week: May 23-29
May 23 : Venus 180 Pluto
May 25 : Sun 150 Pluto
May 28 : BE PREPARED! Uranus ENTERS Aries under the rays of the FULL MOON in Sag.
I looked up what happened in history last time when Uranus entered Aries:
April 1 1927: Bureau of Prohibition founded under Dep. Of treasury… aren't we talking now again of some regulations?
April 16: Pope Benedict XVI is born (in office today with a big scandal around him)
April 21 Banking crisis hit Japan
May 20-21- Uranus connected to flights: Lindbergh makes his first solo flight
May 22 : Earthquake in China
June : Earthquake at the Dead Sea area etc…
Next time it'll be in 10 Aries is April 25, 2013. So I guess this will mark a top or a bottom as well, Mark in your calendar.  In my article written on Sept 28, 2008, I mentioned the exptected bottom to be reached: 9868. (It fell to 9835... ..)
End of May- June 4
May 30 till June 4 Saturn is stationary, then it'll turn direct.
June 2 : Mars in opposition Neptune. "Wake up Cinderella" effect.
June 5-10: mars 150 to Jupiter & Uranus!! What can be worst than this?
June 6 : Jupiter joins Uranus in Aries.
During the week end Mars enters Virgo. It's time to leave Leo, and rest.
First week : June 6-11
June 6: Jupiter leaves you, Pisces… in favor of Aries.
June 8: Mercury in harmonic angle with Saturn but in 90 deg. To Neptune.
June 10: Mercury enters volatile Gemini. Tighten your stops!
June 12: New Moon in Gemini.
Turn in trend:
All the above days are important to watch, and probably I could add more days if I used Heliocentric angles, asteroids or other points to check smaller changes, for intraday trade for example. But the major turns are : May 5, 15, 23 & 28.
The top of the Dow till now was 11258, this equals to 7 cancer.
Looking at the Dow's natal chart, we can find Mercury at 6 Scorpio, and in transits Mercury at 7 Taurus. In the Directed map Jupiter is at 7 Aries. All these positions and others, blocked the rally. Numbers 7 and 9 are very important to follow in every aspect.
(click on the graphs to enlarge)
Let's land and check with the technician's eye:
Only if the Dow touches 10548 and below, we can start looking for the bears. Until then it is just a correction, of the rally between Feb 5- April 28.
This is a 15 min.graph showing us that a head&shoulder's pattern is forming. Should the Dow fall below 10996, we shall see it at 10790.
The S&P: Reached my target of 1220 on April 26. Now, if it'll not go above that, we shall see a pull back to 1168-63-57. Look how the intervals change by the multiple of 7!
And now the CO
China :SSEA : There is something terribly wrong in China, it fell below MA 200. While all the world is in a rally, it did not make any new highs, on the contrary, it made now lows. Now I expect a retracement to 2700. If goes below that, there is the red support line, at 2400-2350.
Canada: Sptse: Here too my target was reached, 720. Is it now boilding a W pattern? We should wait a few days. Only if it goes above 720, it'll reach 740, otherwise a correction to 700 is on it's way. This level would mark a break under MA 50, important turn!
Russia RTX: I was waiting for Russia to climb to 2482, but reached 2422… a sign of weakness… The Low in RTX was on Feb 12, and it went up 63 days (9x7 days) before it pulled back to more than a third, in 11 days. I expect some new lows before it turns. From this pattern we might learn that the other indexes will also correct more than a third from the lat rally, which brings the dow to 11550-60… Hmmm
Next targets : 2200, 2010.
Holland: AEX: If we look t the long term graph of Holland, It did not corrcect even a half from the fall… And in the last days it broke the blue channel. The oscillators are mixed, RSI in green MACD Green, shows the uptrend, but the DMI is rouge!!! So?? What will happen? Will Holland be effected by the P.I.I.G.S.??? Is the EU strong enough? Uranus in Aries will give the answers
Germany Dax: The Savior.. ??!! Expected correction to 5854
Gold: Nothing New here… It's on it's way up, just as I said it will, targets on the graph.
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!Happy Trading
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'2010' April 26
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