On January 10, 2013, we are going to have 5 planets in Sagittarius, the house of volatility. Now since the energies of these planets tend to balance each other, the volatility may not yield too much ultimately in either direction.
Historically, when Sun is in Sagittarius and Moon also comes there, probabilities of a weekly high forming are very high. But curiously, if we have a New Moon in Capricorn coming up ( during New Moon, Sun and Moon will be conjunct), then when Moon comes to Sagittarius, we will be in the lunar period, which is between Third Quarter Moon and New Moon. In such a period. the propensity is for a low formation on weekly basis. Which is why I feel this time round, volatility may tend to cancel out and next week we still may have a low finally, but not a very low, low.( Am I making sense?) Why do we expect a low at all? Because Venus is getting into an uncomfortable square with Uranus...
To make things easier, I have decided to use the Sensex chart to illustrate the various Lunation ( Lunar phenomena ) which tend to have an effect on the market. As we all know, without Moon there can never be any effect.
Red: Moon`s declination
Blue: Moon`s distance from the Earth.( Perigee is closest and Apogee is farthest )
Black: Moon`s Latitude
Green: Effect of Moon`s phase
The direction of the arrows are tentative. Do not take them literally. They only indicate the direction expected by me. The real message here is that those are potential points of reversals.
So January 10 th, a Perigee day. Day star is Ketu. Maybe we will see a recovery.But over the weekend, we have some tight declinations coming in.
January 12 is New Moon and it is also a day of extreme Declination for Mercury.
January 13- Venus is becoming extremely declined.
January 14- Moon will reach its extreme Latitude.
So any recovery on Jan 10 and 11 may give opportunities to short at higher levels.
Technically....
If c subdivides tomorrow and enters into the territory of 1 next week, we may have to modify the counts in a more meaningful fashion, which we should know by this weekend.
Trade carefully please. We are in a volatile ground.