Issue
No. 171 – Saturday 13 Jan 2024
We are
expecting stocks’ uptrend to prolong to end Feb 2024. Before discussing the
sharply bearish phase thereafter, we’d like to talk about what will happen towards
the end of Feb 2024.
Surging
Yen
News from Reuters, NEW YORK, Dec 7, 2023.
QUOTE
The Japanese yen jumped on Thursday as policymakers
hinted the Bank of Japan (BOJ) may shift away from its ultra-low interest rate plan
and a gauge of global stocks rose after three straight falls as investors
assessed the latest round of U.S. labor market data.
The yen surged 2.64% against the greenback, its biggest
one-day jump since Dec. 20, at 143.52 per dollar after Bank of Japan Governor
Kazuo Ueda added to speculation that the central bank could move away from
negative rates by saying policy management would "become even more
challenging from the year-end and heading into next year" and indicated
several options of what could be on the horizon.
The BOJ has been the sole central bank that yet to start
tightening policy while other central banks like the U.S. Federal Reserve and
European Central Bank (ECB) are seen as nearing or at the end of their rate
hike cycles.
"The comments last night sort of poured rocket fuel
into bets on an eventual move back into positive rates territory for the Bank
of Japan," said Karl Schamotta, chief market strategist at Corpay in
Toronto.
The dollar index fell 0.62% at 103.48 while the euro was
up 0.37% to $1.0802.
UNQUOTE
The reason for surging
Yen is caused by a Melody Formation which is bullish for Currencies (Stg
pound, Euro and Yen) while US Dollar tumbles. What makes Yen especially bullish
is that the Yen is more sensitive to the Ecliptic plane which joins the Melody
formation.
Melody Formation (Sweet
music)
The Solar System is a huge
Musical Instrument
Neptune = Musician
Mercury = Singer
Venus = Dancer.
A Melody Formation is
made up of:
[Neptune + Mercury] being made
active
Or [Neptune + Venus] being made
active.
The background
Should
not be bearish (i.e. not when Jupiter or Jupiter Trojans are too strong)
Should
be protected by bullish planets (which are Mars &/or Saturn).
In present case, Yen
soars because the Ecliptic plane comes in to enhance the Melody Formation while
the background is positive.
The Ecliptic plane
Draw a line linking up
zero degree of Aries to zero degree of Libra. It is the Ecliptic plane which is
the most powerful position of the Solar System. Any planetary interactions
involving the Ecliptic plane produces wild fluctuations (either up or down) in
the market. The zodiac for 2023 with the Ecliptic plane marked is plotted
below.
In
Dec 2023 (indeed throughout year 2023) Neptune is very close to the Ecliptic
plane. Any planet (such as the Moon, moving in anti-clockwise direction)
interacting with Neptune soon interacts with the Ecliptic plane (which is
immediately in front of Neptune).
Interactions
of Wed 06 & Thu 07 Dec 2023
Wed 06
Dec 2023
@06:16 [Neptune Opposition Moon]
makes Neptune (Musician) active.
@12:26
[Uranus Sesquare Mercury] makes Mercury (Singer) active.
@16:34
Moon enters zero degree Libra. Moon is made powerful by the Ecliptic.
Thu 07
Dec 2023
@04:00
[Mercury Square powerful Moon] again makes Mercury (Singer) active.
@12:00 [Neptune // powerful Moon] is treated
as [Neptune Conjunction Moon].
Neptune (Musician) is again made active.
Thus
Neptune (Musician) and Mercury (Singer) are motivated to generate Sweet music.
The music is loud and clear because the Ecliptic joins to enhance the
interactions. In addition, [N Node Sesquare Mars] of 06 Dec 2023 @11:54 is a
bullish influence. Bullish Mars influence can erase negative force and protect
the Melody formation.
Therefore,
Dollar-Yen nose-dives 2.64% (US dollar plunges v. Yen soars) from the afternoon
of Wed 06 Dec to mid-day of Thu 07 Dec 2023.
Another
bullish day (on Melody) – Wed 13 Dec 2023
Please
refer to the Table of Aspects of preceding Section.
The
Melody formation [Neptune Sesquare Venus] is exact on 13 Dec 2023 @03:34.
Neptune
(Musician) & Venus (Dancer) together produce Sweet music when acted upon by
Moon transits which are:
Wed 13
Dec 2023
@06:49 [Neptune Square Moon]. The
Musician is motivated to act by Moon.
@07:07 [Moon Semi-square Venus].
The Dancer is made active.
@16:30 [Ecliptic Square Moon]
enhancing the bullish interactions.
[Pluto
Semi-square Mars] of 13 Dec 2023 @15:16 in the background is bullish.
The Music Formation is stimulated. The
Ecliptic boosts the interactions.
Again, Dollar-Yen nose-dives on Wed 13 Dec
2023 (whole day).
FORECAST
- Very bullish day in near future - Mon 26 Feb 2024
The Melody formation [Neptune Semi-square Venus] is exact on 26 Feb 2024 @01:03
Neptune
(Musician) & Venus (Dancer) together produce Sweet music when acted upon by
Moon transits which are:
Mon 26
Feb 2024
@07:35 [Neptune Opposition Moon].
The Musician is motivated to act by Moon.
@08:20 [Venus Sesquare Moon]. The
Dancer is made active.
@14:29 [Ecliptic Conjunction Moon]. The
Ecliptic joins to greatly enhance the Melody formation.
Sweet music is heard
loud and clear.
In the
background is the bullish aspect [Mars Sesquare Moon] @04:14.
Conclusion: Dollar-Yen will nose-dive (Yen
will soar) on Mon 26 Feb 2024.
++++