U.S. Stocks Close Our Worst Week Since the Pandemic,” foxbusiness.com, June 17, 2022.
Most countries are seeing side effects of loan fueled economies. Srilanka or Pakistan are few of them. Pluto is so strong as on one side of the zodiac.
Anther big story is currency. Crypto owners lost big amount. Many currencies are losing shine and just becoming a paper. North node , Mars and Uranus will be in Taurus and will conjunct near August 1. So we are expecting further wreak in currency market and food market. Indian rupee is all time weak now against dollar.
In a week that witnessed Venus conjunct Uranus (June 11) and square Saturn (June 18), which is known as a “translation” of Venus to the Saturn/Uranus square, and with the Sun square Neptune right in the middle (June 16), many markets got hammered. This is typical of the Sun square Neptune, and it won’t end quickly, as Neptune will turn retrograde on the New Moon of June 28 with the Sun also square Jupiter.
In Asia and the Pacific Rim, Australia’s ASX index fell on Friday to its lowest level since November 2020. India’s Nifty Index also fell to a new yearly low. However, one sector of financial markets that has exceeded normal levels of decline is the crypto markets. Bitcoin tested 20,000 last week, down 70.9% from its all-time high of 68,999 on November 9, 2021. Crude Oil had a good rally to 123.60 last week, its highest mark since the yearly high of 130.50 on March 7. However, it too fell hard by the end of the week, down to 106.40 on Friday.
Many markets made new lows at the end of last week, as Venus approached its square to Saturn on Saturday, June 18. One of our basic rules is that any market declining into a hard aspect Venus/Saturn is a candidate for a rally.
However, that may be where the natural cosmic positivity ends, for between June 28 and July 2, Neptune changes directions, the Sun squares Jupiter, and Mars will square Pluto.
The future may seem very ominous at the moment, and that sense of danger and fear may increase into this autumn when Saturn and Uranus return close to an almost exact waning square again, especially within six-eight weeks of September 21-28, when Jupiter also makes a semi-square to both Saturn and Uranus on their midpoint. During that time, the Sun, Venus, and Mars will also make T-squares to Saturn and Uranus.
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