July-August heat in the markets
God Bless the Mondial! All males in the world are watching the games, no time for war. Hell's kitchen is closed, Temporarily. Let us check the sky, do the planets agree?
The Sun in Cancer is weak. See? Fire in water… we can only see the steam, and not what is really happening.
Mercury is behind the Sun now, and separating, in Cancer. Talks are quiet, no one can talk with water in the mouth, right? But, it will enter Leo on the 9th, then it might bring a breeze and more threats.
Venus is getting into an opposition with Neptune, being in Leo, between 7-13 July. Venus is quite lonesome during this time, love is out of fashion now. Venus enters Virgo on July 10.
Mars the warrior is in Virgo (fire in earth) till the end of the month. It will send a sextile to the Sun, between 7-15 July making a rally possible.
Jupiter, the great benefactor is in Aries, a really good placement for the Mondial, but that's it. I don't know when the games are ending, but Jupiter will turn retro on July 23, it might bring some surprises.
Sober Saturn in the last degrees of Virgo, in 150 deg. to Neptune, for the next 28 years, will not return to Virgo, after it ingressess Libra on July 21.
Saturn in Libra is a very severe judge. Will we witness more senate hearings?
Looking at these planetary placements I tend to believe that for the time being the clouds of war have dissolved.
But, there is a fight with nature, I mean OIL. Neptune is surrounded by Chiron, Lilith, Asteroid Lilith,+ bad aspects to Saturn and Mars soon too. I think the problem will deepen. In a funny way, for the first time in history here in Israel there is a rumor of discovering gas and oil.
As I write these lines, the S&P is at 1020, the Dow at 9653. 4512 points below the October 10, 2007 high!
First week of July: 4-10: During this week the Moon will square the Sun, which is negative and Uranus will turn retrograde, which marks a change in trend.
July 6: aggressive move.
July 7: Positive day, however many difficult angles in the background
July 8: Possible Gap up
Second week of July: 11-16: oh, finally the new moon, will bring some relief and a new beginning.
July 13: Venus-Pluto trine should bring some positive attitude, but the Jupiter Pluto square overrules it.
Neptune – Chiron conjunction could bring a remedy to the Ocean and its inhabitants.
July 16: Last opposition between Saturn –Uranus till Aug 5. After that we should look for other planets to balance the world.
Third week of July : 18-23:
18.07.2010 The Moon in Libra square Sun, possible gap in the markets;
20.07.2010 The Moon in Sco. trine Sun
21.07.2010 Saturn ingress Lib
23.07.2010 Sun enters Leo
In helio chart Earth moves into Aqua. Big change in trend!
Looks as a positive week, from July 21- till July 28.
Fourth week of July 25-30 :
26.07.2010 Full Moon in Aquarius
28.07.2010 Mercury ingress Virgo
Mars in Helio enters Scorpio.
30.07.2010 Mars enters LIbra
31.07.2010 5:21:38 >0 S Jupiter
31.07.2010 20:45:20 >0 S Mars
31.07.2010 Moon in Aries, trine Sun positive day;
First week of August: 1-6:
2.08.2010 Juno in Leo
3.08.2010 Moon square Sun
Second week of august: 8-13
8.08.2010 Ceres turns direct in 20°40'50"Sgr
9.08.2010 Vesta in Libra
10.08.2010 New Moon again, now in Leo 17°24'37"
11.8. 2010 Venus enters Cap, in Helio
Days to watch for a change in trend, besides all the dates above,
5,12,16,21, 28. of July &
3,13,20,28 of August.
For those who are more technical minded, here is what we can learn from the graphs:
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The high of April 26 was 11258, so the next "station" on the wheel would be 9638-9500-
9368- 9350. But the scenario can get even worse, if the Head and shoulders pattern will
take effect; we shall see the Dow at 8200.
July 15 update: Next CIT is only on July 21, there are two possibilities: it breaks down to: 9621- 9160, with the blue arrow, because of the 3 dojis of the last three days, or by some miracle it'll follow the green arrow breaking thru 10408 high and then the road is clean to 11000.
The last chance for the Dow to turn and go up is to make a bottom at 9440.
S&P found a support on 1010, if this level holds, it could run up to 1150, would this break,
it'll dive to 960- 890.
July 15 update: the turning point for the S&P is on July 20th, being 182 days from
Jan 19th. The last high being at 1099.46 shows the weakness. Here we have a support at 1030-1033, we'll see if it'll hold.
SSEA: China : Last bottom 2320, as we can see on the graph this is a bottom, with a possibility to go up from here to 2427-2492- 2720. But if it breaks, than : 2315-2216-2116.
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July 15 update: The index moves by 281 CIT's the next one is on Feb 21,2011. The last low 2319 can be a bottom, and there is a LOT to go till 3025- if it turns positive. IF
AXJO; Australia: Is in very bad shape. It broke a major support point: 4250, and closed
below that, as if signaling to the rest of the world, look out, a banji jump is coming!!
Next target 4200- 3790
July 15 update: It even fell below my target, and found a bottom at 4182.30, for the time being. then we saw a correction, as the rest of the world, due to the new moon, to 4465.60.
Next targets: 440-4358-4324-4290.
BSESN: India : The Index is locked between 16250- 18050 breaking either will show the target. IMHO I beleive we shall see recheck of 16250, and then up again
July 15 update: India is detached from the rest of the world, and shows some muscles. It broke out from the channel, and made a new high on July 16, at 18167. But the volume...isn't something, is decreasing, so this might be a false alarm, and it could go now to: 17055 Nikkey:Japan made triple bottom, looks promising
July 15 update: a new bottom on July 6, if it is not broken, then target: 10248.
DAX; Germany: First of all chapeau for the team, they really play well!
July 15 update: The index turned around at 5842, and went up with the rest of the world.
but no new highs! Now it can find a support at 6000- 6020, and make a breakthru, or fall again to the support line at 5660
: AEX Holland
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July 15 update: Holland is building a W?? that would be a surprize!! but it would have to go above 340.30 first
. Gold: is correcting now, can reach 1160, which is a support line
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July 15 update: the Gold found a bottom at 1186, on July 7th, and for a whole week
vegetated around this level. Now it's time to try to get to 1300, and even higher.
Well, that's it. Now we only have to see who is the champion? Germany or Holland
Viva Espania! I owe them at least a glimpse at their index and indeed!! they made a double bottom the last higher than the least, heading towards 43.88
June-July forecast
August-September forecast
July 3, 2010
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