April Update – As mentioned on the first two pages of this letter, this month is a full feature fireworks show. I don’t remember anything like this in past months. We have five potential Planetary Polarity points. This will likely give us a zig zag whipsaw market for the month. This does not preclude some sort of trend bias. We do have one strong directional clue. The planets hitting 0 degrees Latitude have been very accurate in forecasting direction using the rule that North is a high and South is a low. We saw this happen in late February into March 1 when Mars hit 0 Degrees North Latitude and formed what is now the high for several of the Stock Indices and several other market.

 

 

This happened again via Mercury at 0 degrees North Latitude on 3/17 which was within two days of the mid month high. Coming on 4/25 AC, Mercury will hit 0 Degrees South Latitude, so this should be a low. Keep in mind that it seems that the Latitude events seem to require about a plus or minus two day window, rather than the plus or minus one day window we are accustomed to using for the other planetary events. For the rest of these events, rather than trying to out guess the rest of the these events, which include four Planetary Station Points, I will list them below.

4/05 AC – Saturn in Sagittarius turns Retrograde.

4/07 AC – Mercury in Taurus turns Retrograde.

4/13 AC – Venus in Pisces turns Direct.

4/19 AC – Pluto in Capricorn turns Retrograde.

4/25 AC – Mercury 0 South Latitude.

Technically, the S&P has broken its longer term uptrend channel, but it has also recently broken its near term down trend line. As of Friday’s close, it seems to be at a fork in the road, Whichever way it decides to go, given the outlook for April, it probably won’t last more than a few days. To borrow from the famous Bette Davis line, “fasten your seat belts, it’s going to be a very bumpy ride’.

 

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

 

 

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to daily gains above 1.0650

EUR/USD clings to daily gains above 1.0650

EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.

EUR/USD News

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.

GBP/USD News

Gold holds steady at around $2,380 following earlier spike

Gold holds steady at around $2,380 following earlier spike

Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.

Gold News

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in

Bitcoin price shows no signs of directional bias while it holds above  $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research. 

Read more

Week ahead – US GDP and BoJ decision on top of next week’s agenda

Week ahead – US GDP and BoJ decision on top of next week’s agenda

US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.

Read more

Majors

Cryptocurrencies

Signatures