The Hot Hot Crude Oil – An astrological analysis of this hot prodcut for the near future.
Crude oil is behaving like a celebrity, in the papers all the time since about a fortnight as it touché new all time highs almost daily.
Everyone is worried, the common man to the Heads of State of all countries.
How will this basic commodity, behave? Is the perennial question one and all has. Gildman Sachs has predicted 149 USD per barrel for this product and may go high say other Technical Analysts for this product. Ganesha looks at the stars and their motions as per Vedic Indian astrology and has something to analyse and say as below.
Crude Oil a product from beneath the Surface of Earth, is considered to be ruled by Shani (Saturn).
Any hard aspect (Square, inconjunct, opposition) to Saturn by any natural malefic planet usually tends to increase the prices of Crude Oil. Any soft aspects (trine, sextile) to Saturn by a naturally beneficial planet usually tends to decrease the prices of Crude Oil.
Lets have a look at the planetary positions as on today 9th June 2008 18:32 hours
Taurus – Sun, Mercury (Combust & Retrograde), Venus (Combust)
Cancer – Mars, Ketu
Leo – Saturn, Moon
Sagittarius – Jupiter (Retrograde)
Capricorn – Rahu
As per D-9 (Navamsa) the position of the planets are as follows
Gemini – saturn,
Cancer – mercury
Leo – venus, sun
Virgo – rahu
Sagittarius – Jupiter
Capricorn – mars
Pisces – ketu
As per D-9 chart, Mars made an opposition with Saturn till 4th June 2008, which is an indicator of a bullish trend on Crude Oil, but as Jupiter also made an opposition to Saturn it put a check on the mischief of Mars, the moment Mars left Gemini D-9 and entered Cancer in D-9, it showed its metal as it formed an inconjunct aspect with Saturn.
The above was an astrological analysis for what happened.
Well, Mars will enter Aquarius D-9 on 10th June 2008, forming a trine aspect with Saturn, while Jupiter still will be trine with Saturn and sextile with Mars. This indicates that the crude oil prices may reduce, if not considerably reduce. Ganesha feels that from 10th June, the crude oil prices will cool down and be under check.
One may find a depressive market of crude oil on 11th June 2008 too.
On 12th Jupiter enters Scorpio in D-9, this will heat up crude oil rates again till Saturn enters Cancer in D-9 on 25th June 2008. From then we can expect the Crude Oil markets to cool down.
Conclusively Ganesha feels that the Crude oil markets in the very near term are going to heated up and may not loose steam, though a considerable hike in prices, is not on the anvil.
Wishing all Crude Oil traders a profiting time.
The GaneshaSpeaks Team