Uranus turned direct on Saturday, November 24. Within two trading days, all the major equity markets of the world were in a free-fall and to say that panic and doomsday scenarios were gripping the headlines would be truly underestimating the fear that was present less than one week ago. But today, November 30, all these same equity markets are soaring strongly for 3-5 straight days up, and the tune being sung is completely different. There was a steepest turnaround in all stocks, currency and commodity markets.
Equally big moves were noted in Crude Oil and Gold. After posting its all-time high at 99.29 on November 21, Crude Oil was down to 88.45 on Friday, a loss of nearly 11%. Gold looked like it was going to quickly soar to a new high when it jumped from 776 the prior week to 832 on Monday. But by Friday, it was back down to 782 intraday.
On Friday, December 7, the Sun will square Uranus. It happens on the day when the Employment and Payroll reports come out, which typically leads to very large price swings anyway. Not only that but early the following week, Jupiter will make its 13-year conjunction to Pluto (ruler of debt, mortgage). The sub-prime mortgage tragedy is a perfect example of today's Jupiter-Pluto crisis. The extent of those losses is just coming to light. The aspect soon comes to an end, and just as it has in the past, such crises will come to an end too.
All other signatures are quite positive this week. With five planets in fire sign of Sagittarius, and a new moon on December 9, you can expect extremely positive week for all. On same date, we have Mars and Saturn sextile, its extremely positive support.
In conclusion, week seems to be extremely positive. Major event of the month will be Jupiter and Pluto conjunction on December 11. At that time , you will feel excessive bullish or bearish view, nothing in between. This week could help market players to prepare for this mega event.
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