Head and shoulders break out
No explanation needed to see for a technician-eye to notice the coming rush to 9352-9510-9676. As we can see in the graph below, a head -and -shoulder pattern has formed.
30 min graph:
In order to achieve these targets the Dow should go above the top of Nov 28 and Nov 14.
But…. And there is always a but. Looking at the sky there are some troubles on the 9th, 10th & 12th of the next week.
Days to watch:
Always when a planet ingresses a new sign, we should look for a change in trend. These days in December are:
8.12.2008 Venus to Aquarius J
12.12.2008 Mercury to Cap L
21.12.2008 Sun to Cap official beginning of winter BRRRR
27.12.2008 Mars in Cap is in exaltation
Venus is in Aquarius for a month yearly.
Mars ingresses Capricorn every two years.
But Pluto only once in 240 years! Pluto was in Capricorn between 1516-1532' & 1762-1778.
Now the conjunction between these destructive planets will occur at the end of this year, Dec 27th .
Gann days: Dec 7, 21 .
Full Moon on the 12th in Gemini. This day will mark a top or bottom
New moon on the 27th in Capricorn.
We shall continue about these influences in my next article.
Meanwhile trade safely!
5 Dec. 08
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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