(30 November 2022) Shares rallied at the moment after Fed Chair
Jerome Powell advised that present financial circumstances could justify a
smaller 50 level price hike as quickly as subsequent FOMC assembly on December
14. All the key indexes rose sharply on the remarks and the S&P
500 even completed above its 200-day shifting common at 4080. The rally
follows some post-Thanksgiving weak point earlier within the week that had
resulted from worries that lockdowns and protests in China could lengthen
provide chain disruptions. Covid-related provide chain disruptions have
been one of many important drivers of inflation in current months.
Whereas the early week declines coincided with a number of bearish Mars
alignments with Saturn, Mercury and Venus, at the moment’s rally was shocking
because it appeared to anticipate extra beneficial late week patterns, resembling
the Moon and Jupiter conjunction. As well as, I assumed that some
early week declines had been extra doubtless because the angular separation of
Mars-Uranus (=33) matched that of Saturn-Neptune (=33). Each of those
planetary pairs had been bearish influences since every contained a bearish
planet — Mars and Saturn.
One doable clarification for Wednesday’s sturdy rally is that this
angular separation had moved previous actual as Saturn’s ahead movement had
decreased the angular separation to a bit lower than 33 levels. With
each Mars and Uranus shifting in slower retrograde movement, their angular
separation remained pretty fixed at 33 levels, or 32 levels 55
minutes, to be actual. The adverse results of the 2 planetary pairs
due to this fact diminished as soon as they moved previous their level of equal angular
On the identical time, we will see two bullish pairings approaching a degree
of better resonance. Jupiter-Chiron (=13 degs 17 minutes) is approaching
the identical angular separation of Solar-Mercury (= 12 degs 11 minutes).
Since Mercury is the sooner of the 2 planets, this angular separation
is widening each day and can precisely match the angular separation of
Jupiter-Chiron on Friday. Whereas I anticipated some late week upside on
this four-planet alignment, at the moment’s rally arrived a bit forward of
schedule and with significantly extra power.
Whereas some comply with by means of to the upside could be very doable from this
sample, subsequent week’s Solar-Mars opposition on the Full Moon on Wednesday
and Thursday appears extra bearish.
For extra particulars, take a look at my weekly subscriber publication
which is revealed each Sunday. Along with reviewing the important thing
planetary and technical influences on US and Indian shares for the brief
and medium time period, I additionally present an astrological evaluation of potential
upcoming strikes in currencies, gold and oil.
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