WallStreetWeather.net Forecast For The Week Of March 20, 2011
Mercury in Aries conjoining Jupiter and opposing Saturn last week served as a preview of the Jupiter/Saturn opposition March 28 as markets acted like they were on a seesaw, moving strongly from one direction to the other depending on whether the news was bullish (Jupiter) or bearish (Saturn).
Monday begins with the Sun in Aries conjoining Uranus which can bring swift and sharp price movements that tend to be bullish although alignments with Uranus can bring sudden reversals and choppy trading. The Moon in Libra puts the focus on alliances/partnerships and the financial sector.
The USA experiences its Saturn return Tuesday while the Moon transits Pluto-ruled Scorpio (debt/taxes/secrets/nuclear issues) until after the close Wednesday. Mars in Pisces squaring the USA natal Mars square Neptune Tuesday and Wednesday could bring an escalation of military action that may contribute to market turbulence. Oil could make big moves as Mars (action) conjoins the degree where Uranus in Pisces (bubbles) was when oil prices reached record highs in July 2008.
The Moon in Jupiter-ruled Sagittarius Thursday puts the emphasis on global trade and geopolitics as the two day EU Debt Summit begins. The market is more likely to view things optimistically Thursday unless there is bad news connected to the nuclear radiation from the Fukushima Daiichi plant.
Monday, March 21, 2011
Positive but potential for an intraday reversal cannot be ruled out.
Tuesday, March 22, 2011
Wednesday, March 23, 2011
Thursday, March 24, 2011
Friday, March 25, 2011
Reversal from yesterday.
Posted 3/21/2011 03:56:00 AM