In what appears to be a partial validation of the Venus-Pluto energy, Oil hit a new all-time high above $139 today, although it closed basically unchanged around $134. I think it's likely to make another run at $140 tomorrow as the transiting Moon will activate the natal Jupiter in the Futures chart. Wednesday also looks like it has some rally potential as the Moon conjoins Pluto and can bring in the Venus once again. After Wednesday, I'm less bullish on crude.
Gold also had a strong day as forecast, although it settled back in the afternoon to close at $886. Let's see if it goes above $900 tomorrow.
In keeping with the retreating US dollar, the Euro followed commodities higher, closing well above 1.54. This bodes well for our bullish forecast for the week. If anything, the forecast rally may turn out to be too conservative.
Against expectations, stocks in New York were flat. I expect bearish sentiment to rule tomorrow, especially in the afternoon.
The BSE did well Monday. There is now a good chance it will close above 15k for the week. However, the upside remains limited.
