From the end portion of Crocco's article at
wallstreetconjunct.com
Looking to the astros for a clue to market direction this week.
The indication is that investor conviction and trends will change for the better on Monday and Tuesday but rally attempts can then fail and again drop prices later in the week.
Pluto aspects both Mercury (in the early A.M.) and Venus (in the early evening), with Venus also forming a trine to Mars earlier in the morning on Monday, at 12:30 A.M. Taken in combination this grouping can have a beneficial and possibly significant influence on investor’s psychology Monday, easing and changing minds. We’re likely to see oversees markets move higher early Monday morning. If that is the case then Wall Street should also head higher at the open on Monday. A Moon sextile Sun exacting at 9:40 A.M. E.T. should help. Investors may hold off or begin selling again from around 11:30 A.M. to 1 P.M. as the Moon moves into Aquarius and semisquares both Pluto and Mars in that time frame. Late afternoon should see prices moving higher again.
Tuesday has the Sun moving into Aries. And with that transition comes a good chance markets will begin seeing an underlining change take shape having prices moving higher.
But with Uranus conjuncting the Moon Wednesday morning at 10:24 A.M. prices aren’t expected to continue their expanse near the opening bell or in early morning trading, as Uranus conjunctions usually threaten advances. Later in the day, at 2:41 P.M., Mercury squares Jupiter. This aspect can move markets higher or lower. It’s really hard to tell how markets will perform with a negative Jupiter aspect. It may be that investors embrace a greater than justified optimism and push prices to the upside. Expect transports to be effected.
Early on Thursday, at 12:28 A.M., the Moon moves into Pisces. If you’re a regular visitor to this web site you know what a Pisces Moon can mean! It’s been a real negative for the markets. And with Mercury also in Pisces now, investor’s outlook can turn glum, having prices fall in early morning trading. Watch the 3:00 o’clock hour for pessimism to be at its strongest.
With the Moon still in Pisces on Friday markets aren’t likely to pick up much upside steam. But a Mercury semisextile Neptune exacting early Friday morning, at 5:14 A.M., may positively influence stock prices of companies connected with oil, chemical, drug, beverage and hospitals on Thursday and/or in overnight trading, with its influence possibly extending into early Friday morning. The remaining aspects on Friday are largely negative, so don’t expect to see much upside action. With a New Moon hitting us on Saturday the 24th it appears markets are headed for New Moon lows this month.
Recapping: The early part of this week (Monday and Tuesday) is likely to turn out to be the best performing portion with the remainder being mixed to negative for the indexes. By the end of the week we should see a retest of last October’s Dow low. |
