The stars are forecasting tension and delusion next week, reports Susan Gidel....
Big Money Blow-Up on the Horizon
11/15/2019 9:19 am EST
A change in trend is expected on Gann Day (Nov.22) followed by potential fireworks on Nov. 24, writes Susan Gidel.
Arguably one of the biggest astrological days of 2019 occurs on Sunday morning, Nov. 24 when global markets are closed. That’s when Venus and Jupiter are exactly conjunct at 8:33 a.m. EST, and Mars is exactly opposite Uranus at 11:51 am. These two transits almost scream “big money blowup.”
What’s more, Friday, Nov. 22 is a “Gann Day” that marks a potential change in trend as we begin the final third of the astrological year. So, use this upcoming week before Thanksgiving to prepare for potential pre-holiday fireworks, stay attuned to weekend global/political/economic news, and clear your calendar for Sunday night trading on Nov. 24.
Venus is the planet that rules money, and when aligned with Jupiter, it means lots of money. On Nov. 24, at 28 Sagittarius, they will be exactly square (90 degrees) to the S&P 500 natal Jupiter and exactly trine (120 degrees) to the S&P 500 natal Pluto. The square to Jupiter says expansion is difficult; the trine to Pluto says a breakdown in order to transform is easy.
The Mars/Uranus opposition is one that is always on an astrologer’s radar as holding potential for blowups, explosions, accidents or (on the positive side) breakthroughs. What makes this one extra special is that the Venus/Jupiter conjunction is trine to Uranus (big money surprises occur easily) and sextile (60 degrees) to Mars (opportunity to trigger big money events).
A more optimistic expression of this energy could be that there is some sort of technology breakthrough announced that promises enormous potential returns (or savings) for the world.
Wednesday, Nov. 20
High in Euro FX: The two most significant planets of this market’s natal horoscope that are often activated at highs — the Moon and Mars — are getting some action on Wednesday, Nov. 20. The transiting Moon is opposite the Euro FX first-trade Moon, and the transiting Sun is opposite the market’s first-trade Mars. What’s more the transiting Sun is exactly opposite the market’s natal Sun. Look for planetary price conversion resistance at 1.117, then 1.136-1.138.
Friday, Nov. 22
High in S&P 500: This is the last trading day before potential weekend fireworks that put pressure on the index. It also is a “Gann Day,” marking a potential change of trend as the Sun moves into the sign of Sagittarius and begins the final third of the astrological year. The big players, Venus and Jupiter, are square to first-trade Jupiter and trine to first-trade Pluto (see intro copy for more about this). In addition, the Mars/Uranus transit is aligned with the index’s first-trade Neptune, and the Moon moves into that same position on Sunday. On Friday, the Moon is opposite the Moon’s position in the S&P 500 first-trade horoscope. Ultimate resistance, based on planetary price conversions, is from 3210-3223, with interim stops at 3124-3134 and 3190.
Last Week’s Scorecard (through Thursday’s close)
Pretty Darn Good
- Low in Gold on Monday, Nov. 11: December gold bottomed at $1,446.20 per oz. on Tuesday, Nov. 12, but just $2.70 lower than Monday’s low. By Thursday, Nov. 14, prices had rallied more than $25 to a high of $1,475.30.
- Low in 10-year Treasury notes on Monday, Nov. 11: The December contract bottomed at 127-31.5 on Tuesday, Nov. 12, slightly below Monday’s low of 128-07. By Thursday, Nov. 13, prices had rallied to a high of 129-15.
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 backgrounder “Market Analysis with Astrology” for further information.
Susan Gidel is editor of the Red Letter Trading Days newsletter.
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