Financial / stock market this week – December 10
Most world stock markets continued their powerful rally this week. I wrote about the same last week. Most of these markets showed 10% bounce back in last seven –eight sessions. Other then housing reports all other indicators in US seem to be positive now, like job and retail numbers. World markets are looking towards US for further direction.
Gold price saw its peak when Mars started retrograde motion. Oil showed sharp drop in prices now. It is moving near $90 mark. Some astrologers link metal prices with Mercury in Sagittarius so you can expect sharp price swings in them.
We are now in the middle of another potentially powerful geocosmic reversal zone. On Friday, December 7, the Sun formed a waning square to Uranus. On Tuesday, December 11, Jupiter will make its 13-year conjunction to Pluto. This is a very powerful indicator. Jupiter rules exaggeration and Pluto rules passion. Four planets in Sagittarius are sign of too much drive or panic in system.
Period of December 18-31 is crucial when transiting Jupiter, the Sun, and the Mars retrograde will ingress over the 0 Capricorn and 0 Cancer points. This also have a powerful full moon near this place. It indicates a power emotional signature on geocosmic front.
In conclusion, this week could see some sharp price swings. Bulls seem to have more support than bears in first half of December, 07.
