AUSSIE CYCLE TRADER - Monthly Newsletter for February 2023
Aussie Markets have been UP in 2023. In this newsletter we'll check out the shorting opportunities and where the top of the S&P200 is likely to occur.
For anyone wanting to study market cycles, astrology is very often where you’ll end up. Why? Markets are thought by many to be driven by human emotions such as fear and greed. Specifically, how those emotions interact with new information released. For example, when news is released about the War in Ukraine? Panic about food supply, oil, currency and so on. It all has its effect on human psyche before ‘logical’ decisions get made in the markets. Extreme highs and lows eventually unfold. If it can be accepted that these price movements form cycles which are not random (we can verify that with historical studies) the next question becomes ‘what is driving the cycles’? Our movement around the sun, and the effect of the moon certainly influences everyday life. But there are 8 other planets with various timings on their interaction around us. I was looking at this chart last night (below). According to ancient astrology, Jupiter is the ruler of Sagittarius. Look what happens when Jupiter, the planet of abundance, enters the sign of Sagittarius, which it rules. The ASX has tended to respond VERY positively over the last 150 years.