New York dropped almost 1% today as the Dow closed at 12,720 and the S&P at 1375. This basically confirms our bearish weekly forecast so far. Let's see if the down trend continues as the Mars-Jupiter aspect tightens.
The Euro touched above 1.60 for the first time and closed at 1.598. This is in keeping with our expectation. Look for it to close above 1.60 tomorrow or Thursday.
Oil continued its upward climb at it closed above $118, and reached as high as $119 intraday. This also confirms are bullish forecast as Venus continues its transit of Pisces. It will certainly push higher later in the week.
Gold was higher for the second straight day, closing at $920, right in line with my weekly forecast. I am expecting bigger gains as the week goes on, so that is something to watch for.
