Stars focus on trade, stocks and media next week, while this week’s highs and lows are still in play, writes Susan Gidel, editor of the Red Letter Trading Days newsletter.

The New Moon in Gemini on Monday, June 3 at 6:01 am EDT gets the week off to a fresh start. Expect the news to focus on Gemini-ruled topics, such as trade, the stock market and the media. With Gemini’s ruling planet, Mercury, out-of-bounds and uncontrollable through the Full Moon on June 17, new ideas over the next two weeks could be volatile and create volatility.

Two markets have astrological potential for making highs this week: soybeans and Euro FX. Both could be affected by any sort of trade deal news, be it China or an independent UK, that occurs during President Trump’s visit to London on June 3-5, at the start of the New Moon. Mercury moves into the sign of soothing Cancer at 4:05 pm EDT on Tuesday, June 4, after which conversation should calm down and be a little less frenetic.

Monday, June 3

  • High in Soybeans: Alignment with the first-trade Moon in the soybean market horoscope from 1936 is one of the most reliable indicators of a high in prices. On Monday, both the Sun and Moon (i.e., New Moon) make their annual joint pass of the contract’s first-trade Moon. Providing an additional clue for a potential high is that transiting Jupiter is opposite the first-trade Moon, suggesting a peak of expansion, with money planet Venus conjunct the first-trade descendant.

Nearby July beans closed above planetary price resistance at $8.87 per bushel on Thursday, so could be headed to test the next levels up--$9.03, $9.12, $9.38, $9.50 and $9.78. On the downside, look for support at planetary price conversion levels of $8.87, $8.73-$8.75 and $8.38. Based on monthly chart patterns, expect considerable resistance at the end-of-cycle Saturn conversion level of $10.67.

Friday, June 7

  • High in Euro FX: The money planet, Venus, scores a direct alignment with the first-trade Sun of the Euro FX contract, with transiting Moon opposite the contract’s first-trade Uranus providing some emotional surprise. Supporting money-making opportunities is the big benefactor in the sky, Jupiter, which is in a helpful aspect to the Euro FX first-trade Venus. Planetary price conversion resistance is at $1.117, then $1.136 to $1.138. Support stands at $1.107.

Last Week’s Scorecard (through Thursday’s close)

All potential highs or lows were on Friday, May 31. We projected lows in crude oil and gold and a high in soybeans.

  • Bullseye: Crude has made an overnight low, which counts as Friday’s trade.

Soybeans are near its weekly high in overnight trading.

The position of planets in the sky as they relate to their positions when a market first began trading can provide clues to potential trend changes. The energy is strongest on the days noted in this post, but it is not unusual for the effect to be seen a day or two either side. See “Market Analysis with Astrology” for further information.