Sunday, August 8, 2010

August 2010 Stock Market Forecast

August 7 to September 8, 2010

This is the Yang Wood Monkey Month. Market is likely to see extreme volatility due to clashes between the month (Wood Monkey) and year (Metal Tiger) elements.

Favourable industries/sectors: Metal and Fire

Financial Astrology:

August is likely to be a highly volatile month.

Watch these dates:

August 10: New Moon

August 13: Uranus enter Pisces

August 16: Jupiter Saturn Opposition

August 20: Mercury Retrograde

Technical Analysis:

US Market: Once the final rally completes, likely to see the start of sharp decline ahead. Waiting for our indicators to confirm the start of next decline.

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