New York is coming off a modest gain last week and starts at 12,638/1400. Monday looks bearish as Moon will fall under square aspect of Saturn. Tuesday may see a nice bounce back as Moon joins the Sun Venus in Taurus. Friday looks bearish as Moon is in Cancer with Mars and Ketu and Cancer rises at the start of the trading day. Overall, we probably won't end up too far from current levels, although there seems to be more downside risk here.
The Euro slipped under 1.56 and begins trading Monday at 1.5536. I had thought it would fare better, although I was cautious overall as I expected a pullback the following week. As it turned out, I was a few days early. Monday will bode well as Mercury gradually backs away from the negative influence of the natal Ketu. I don't foresee a huge move either way this week, although the the bias seems to be on the upside.
As predicted, Oil fell below $130 last week and begins the week at $127. I think we may see strength Monday and Tuesday as Moon, Sun and Venus are all in Taurus in close aspect to the futures natal Jupiter. There could be another rally towards $130. Any early week highs probably won't hold as the rest of the week looks middling. The week following looks stronger.
Gold had a tough week and fell back to $890. While I had been bullish last week, I did forecast a decline back to the $900 level for the following week so I jumped the gun there also. Gold looks bullish Monday and maybe into Tuesday. But I'm interested to see what the effect of the tr. Mars conjoining the natal Moon in the futures chart. Also, tr Sun and Venus will oppose the natal Mars. Those are some potentially troublesome influences, and yet I'm reluctant to forecast further declines here. If anything, it suggest activity and probably volatility. One possible scenario is a rise towards $910 early in the week and a drop back below $900 towards the end of the week.
