Introduction: Crude oil has reached as high as of USD 140/ per barrel in 2008 till this is being written and has come down to 119/ as on August 28, 2008.
Knowing the importance of Crude Oil as a basic commodity of necessity which can strangle any economy, Ganesha makes an attempt to predict an overall outlook for the same in
Trading strategies are not expected to be taken on the basis of this information.
Some astrological Fundamentals
Shani stands for crude oil. Any hard aspect like opposition, in conjunct, square to the significator of any commodity results in lesser supply and thus this results in price increase of the item. Any trine aspect is usually considered bearish for the prices of any commodity.
The Astrological Analysis and Observation
The Saturn Retrogrades from January 2009 to mid May 2009, this indicates that the market may start moving up relentlessly or maintain a slow but firm grip, not giving much leeway to bears. SaturnUranus in a separating opposition mode seems to be the limiting factor to the bullish trend expected out of Retrograde Saturn.
Looking at other planetary positions, Ganesha finds that January 23 to January 25, 2009 may be the days for bearish trend where market may fall.
January 26, 2009 to February 14 is a good period with continued strong upward movement.
April 3, 2009 to April 6, 2009 may be the days of a bullrally.
June 21 to June 24, 2009 may again be a bearish trend.
August 9 to August 12, 2009 again is strong and may reach good heights. September 9 to September 21, 2009 crude oil again seems to be a burning issue. Bulls will again have a field day from November 1 to December 7, 2009.
The above mentioned periods are active, days before and after the above mentioned periods may also have a similar tendency depending upon the moon and aspects smaller than sextiles and semisquares.
The GaneshaSpeaks Team
06 Oct 2008