Tuesday, June 18, 2013

Astro Technicals for S&P,the leader of the pack!

All eyes are on Ben Bernanke. His utterances after FOMC shall decide the immediate directions of the Financial Markets.
Let us look at the technical picture...

It has fallen behind the 45* line, but is holding up. Overhead resistance is at 1680 and support is way below, at 1540.
It is at an inflexion point.
Let us see if astro gives us some clues...

Yellow chart outside is Natal and inner white chart is of the transits.We see that the transiting Jupiter has just formed a trine with natal Jupiter.Jupiter is lord of the 6th and 9th and is currently in the 11th. All positive houses.  Moreover, transiting Jupiter is forming a conjunction with the Sun and both are about to trine natal Neptune, which is at 6*49'.This is again positive.

So possibly Ben may assure the markets tomorrow and we could see another flare up.

It should be interesting to wait and watch..
Please play only according to the market moves and not in an anticipatory fashion.

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