The Crude Oil

 
"The Stone Age didn't end because they ran out of stones;
       The Oil Age won't end because we run out of oil." -
                                                                                                       Don Huberts
 
Maybe the "Era" will not end, but our pockets are definitely lighter after we tank..
 
Let's look at the charts and maps of the oil and try to understand how it moves.
 
First date trade of the Crude Oil: March 30, 1983, in New York.
 
Sun 9 Aries19,
Moon 2 Sco 44,
Asc 26 Gem49
 
The important planets to watch for the oil is Neptune, Jupiter and Uranus, which is in  conjunction.
 
 
 

:  The graph of the oil 

 

This graph shows two tops within a year: July 14, 2007 and July 11, 2008. The bottom being on January 17, 2008.
 
 
The first transit chart shows a conjunction between transiting Jupiter to Natal Jupiter, a trine ( in green ) between transiting Mercury to Natal Moon and 150 degrees between the transiting Asc. to the Sun.

In the second chart we can see that  transiting Pluto is on Natal Neptune, transiting Mercury again trines Natal Moon, and transiting Venus makes 150 degrees to Natal Neptune. 

So we see what stopped to rally of the OiL. In the following chart we shall look for a trigger, that made the oil go up  in a year by 175%

The 17th of January 2008, the rally started. Mars was in opposition to Neptune, and till the  top of July, Mars arrived till 5 Virgo, next to Saturn and made 150 degree angle to Natal Neptune.

If the oil will not go below the bottom of July 29, it might go up to 133 $, which was a top of May 22;  but if it'll fail to go up,  it'll fell to 112-110, by the time Mars reaches Neptune, on the 29th of December 2008.

30 -23, Days to watch : Aug 12-19, 29, Sept 10 

 What I like in the Point and figure charts, is the clear-cut picture one gets from each chart, and in the case of the Oil- continuous their target is $110.

 Sept 8

Today transiting Mars is in opposition with Natal Mercury, the ruler of Asc, besides that, transiting Jupiter trines natal saturn, it seems the down trend is over, the bottom was on 108

Will this opposition hold? Jupiter changed it's course today from retrograde to direct. will this event raise the oil again? If not, we shall see the oil much much  lower than 108 points

 

Aug.4, 2008 

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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