Good financial astrology can be quite interesting because the accuracy of the forecast is quickly quantifiable. Certainly one of the most respected financial astrologers is Ray Merriman of Merriman Market Analyst. Here he points out how the market has been tracking with Venus's path into retrograde and back.
Venus now ends its retrograde motion as it turned direct on April 17. Since Venus rules assets and things of value (like stocks), there is cause to be concerned that the trend that preceded Venus turning retrograde may now return. That would be the bear market. But in many historical cases, a reversal from a high as Venus turns direct doesn’t necessarily result in a decline that takes out the low of the retrograde period. With Jupiter fast approaching its conjunction to Neptune in late May through mid-July, there is a geocosmic basis for thinking that any decline right now may hold above those lows of March 6-10, and then be followed by another rally to higher highs. Jupiter and Neptune are normally very optimistic and hopeful about the future.
This could get eerie. The Dow Jones Industrial Average made a 12-year low on March 6, the day Venus went retrograde. Those lows have held throughout this Venus retrograde period. On Friday, April 17, Venus turned direct. On that same day, the DJIA posted its highest level since March 6. As stated several times since February, “…any market that makes a multi-week high or low around the time Venus turns retrograde could begin a counter-trend move that will last into the time Venus turns direct, +/- 10 trading days. Venus turns direct this week, April 17, so we are clearly in that time band now for a crest of some importance.”
For Ray Merriman's complete forecast for the coming week, click here.