After last week's slow erosion of optimism in New York, Monday promises for more jitters. At least a 1% drop is possible as the Sun-Mars square dominates. Another potentially negative influence is tr Venus aspected by natal Rahu in the S&P chart. However, the 3rd quarter Moon of March 29, shows a mixed picture as Mars opposes the Moon very closely (bearish) while Mercury and Venus are setting on the 7th cusp over New York. Another probable positive influence is tr Mercury and Venus will be under the influence of the natal Jupiter. So I think this points to a volatile week with days of both significant gains and losses. On balance, though, I think we will have an up week. And if Monday turns out to be positive or merely neutral, then we could be in for a significant rise this week that pushes the indexes up 2-4%, towards resistance levels of 12,700/1370. A more likely scenario is for more modest gains.
After last week's forecast gain left the Nikkei at 12,800, I think there will be additional gains. A Friday close over 13k is very likely, and we could be a fair bit higher than that. Tr Mercury and Venus will be passing over the 9th equal house cusp this week.
While I may have called Friday's up day, I was caught off guard by the BSE's strength last week. More gains are likely this week although we may only finish a little over Monday's open. Tr Mercury falls under aspect of Mars in the BSE 1875 chart on Monday so that may be a down day. On Wednesday, tr Venus falls under the same aspect hence another negative outcome is likely then.
The Euro looks like it will continue on the come back road this week. Monday looks good so we might see $1.59. Tuesday may fall as Moon conjoins the natal Ketu. Wednesday, Thursday and Friday look fairly solid, with the best gains likely on Friday. We may touch $1.60 this week, probably on Friday. But I think we'll finish higher than where we started the week.
Oil looks strong this week as the Pisces planets will be in the 11th house of the Oil futures chart. I'm looking for a big up day Monday as the Sun comes under the benefic aspect of natal Jupiter. Wednesday and Friday look particularly positive also. I think we will touch $108, and $110 is possible, depending on the extent of Tuesday's action.
Gold will probably finish the slightly week higher, but I'm not that bullish here at all. Monday and Friday look best, and we will probably see it rise towards $950 again on either of those days. Tuesday looks negative, as does Thursday, with Wednesday being more neutral. We may end up somewhere between $930 and $950. My thinking here is based on the entry of tr Mercury and Venus into the Gold ETF 4th house which should be mostly positive. However, a possible offsetting influence will be tr Mars' aspect to the natal Jupiter in this chart.
