Financial Astrology: Ominous Fed Chart

Zentrader, Zentrader

June 16, 2012 12:26 PM

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Jupiter is moving into Gemini on June 11th and activating the point of the solar eclipse on May 20, 2012. At the same time Saturn is square Jupiter in the Fed chart and could diminish the luck of Jupiter. Watch mid June for a correction when Mars will square Mars in the U.S. chart. This date lines up with the Senate finance hearings, with Jamie Dimon due to testify on trading losses at JP Morgan. It could just be a token decline as a market nod of unfavorable sentiment towards the attitudes of those in management at JP Morgan.

I don't expect any new revelations (yet) with the hearings, and markets have already baked in what is known from my dates of 4/19, 5/3, and 5/18. I think the bank is in a situation reminiscent of Lehman, except it is bigger and tied to very powerful families, such as Rockefeller and Rothschild. A more immediate correction may be the result of the NASDAQ's mishandling of the Facebook (FB) IPO

The following is a brief except from last weekend's premium update by Karen Starich, who uses astrology to forecast events in the financial markets. Astrology Traders provides specific dates and in-depth analysis of future events for the financial markets through weekly updates, trade alerts, and educational webinars.