Over optimism

 Issue No. 169 – Saturday 16 Dec 2023

Long-term forecast
  Recession from end July 2023 to end May 2024 (duration 10 months).

Short term forecast
  Crash in Sep 2023.
  Bottom on Tue 03 Oct, followed by a rebound lasting through Wed 11 Oct 2023.
     NOTE: Rebound top 11 Oct 2023 is correct for Nasdaq. DJIA top is a few days later.
After the rebound, Stocks’ slide resumes largely owing to an energized Ceres.

Going forward
  The Stock market will tumble.

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Stocks in the past weeks rise significantly. Markets rejoice after the Federal Reserve's shift in tone (after Fed meeting towards NY close on Wed 13 Dec 2023) as the central bank signals more rate cuts in 2024 than previously forecast, and acknowledges its anti-inflation campaign is gaining traction.

The rise is caused by a Melody Formation.

The following aspects all occur on Wed 13 Dec 2023:

@03:34 [Neptune Sesquare Venus]
    This is a Melody formation – Neptune is Musician, & Venus is Dancer.

@06:46 [Neptune Square Moon]
@07:07 [Moon Semi-square Venus]
    The bullish influence of the Melody is brought out by Moon transits.

@15:16 [Pluto Semi-square Mars]
    Bullish Pluto & bullish Mars are present to protect the Melody formation.

Accordingly, the Fed’s expectations of lower interest rates are melodious to the ear. Stocks rally.

However, the Melody formation is only transitory because Venus is a fast moving planet. The sweet music soon fades away. Investors may have been over-optimistic.

This is a bearish geocentric Ephemeris.

Bearish Jupiter is plotted at the center. Three (3) important planets are at hard aspects with Jupiter & with Jupiter Trojans:

[i] Uranus is 15⁰ in front of Jupiter, and Jup FT are 60⁰ in front of Jupiter.
    The bearish aspect is [Jup FT Semi-square Uranus].

[ii] N Node is 15⁰ behind Jupiter, and Jup AT are 60⁰ behind Jupiter.
    The bearish aspect is [N Node Semi-square Jup AT].

[iii] Neptune is 45⁰ behind Jupiter.
    The bearish aspect is [Jupiter Semi-square Neptune].

Moon transits will invoke the bearish influence of these negative features.

The more important transit is when Sun moves forward to 120⁰ behind Jupiter on Wed 27 Dec 2023. Bearish aspects are made:

  [Uranus Sesquare Sun]
  [Jup FT Opposition Sun]

Jup FT are de-stabilized by the Sun (which is supported by Uranus). Stocks tumble in 2^nd half of Dec 2023.

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