Though a bit hazy, stars indicate high in Euro and lows in gold and crude next week, reports Susan G...
Game Changing Planetary Cycle Kicks off Jan. 12
01/10/2020 9:30 am EST
All sectors will be affected as Saturn joins Pluto in conjunct with Capricorn Sunday. Buy crude on Monday and sell it on Friday, advises Susan Gidel.
One of the most significant planetary connections in decades occurs on Sunday, Jan. 12 and connects with the first-trade horoscope charts for six major markets representing each major trading sector: Agriculture, energy, metals, stock indexes, interest rates and currencies.
Saturn and Pluto, two planetary heavyweights, will both be at the same degree and minute of Capricorn at 11:59 a.m. EST Sunday. This is the first time they have been conjunct since 1982, thus beginning a brand new cycle that ends with the next conjunction in 2053.
Pluto entered Capricorn in 2008, before the financial crisis began, with a mission to transform business and government into something different by the time it leaves in 2024. With Sunday’s conjunction, Saturn officially joins Pluto in that effort. In its ruling sign of Capricorn, count on Saturn to emphasize the need for rules, regulations and organization in order to accomplish the goal over the next four years.
This Capricorn conjunction (joined by the Sun and Mercury, for a four-way lineup on Sunday), represents a serious clamping down and reining in that the markets might not like. Hence, the potential for highs in each of the six markets next week.
Monday, Jan. 13
- Low in Crude Oil: The transiting Moon is aligned with the vertical axis of crude oil’s first-trade horoscope, thus forming a big triangle with the market’s Mars and Neptune that creates ease. In addition, transiting Mars is connected to the market’s Sun, Uranus and Jupiter. These are all patterns that have occurred at previous market lows. However, the Moon moves enough by week’s end to portend a possible high (see Friday’s comment below). In the March contract, the planetary price conversion level of $57.20 per barrel is strong, or slightly lower at $56.80.
- High in Gold: The connections to the market’s first-trade Venus and Sun —typically activated at times of market highs — are as strong as they get. The transiting Sun, Saturn and Pluto are at 22 Capricorn, matching to the degree the position of the market’s natal Venus. Transiting Mercury also is conjunct at 24 Capricorn.
Meanwhile, transiting Jupiter is at the same degree as the market’s first-trade Sun, at 09 Capricorn. Given recent volatility, here are several levels of planetary price conversion resistance for the February contract, presuming support remains solid at $1,545 per oz.: $1,573, $1,581, $1,629, $1,651 and $1,688 to $1,694.
- High in S&P 500: The market’s natal Mercury and Venus are stimulated by transiting Venus and the Moon, while transiting Mars is trine to first-trade Uranus. All of these are typical connections at market highs. Simultaneously, four transiting planets (Sun, Mercury, Saturn, Pluto) are trine to first-trade Mars, which puts pressure on the index. Look for resistance at planetary price conversion levels of 3,291 to 3,304.
- High in 10-year Treasury note: The market’s first-trade opposition between Mercury and Uranus is squared by transiting Moon and Venus to create a Grand Square in the sky, with transiting Mars adding oomph to the potential stop sign by being aligned with the first-trade opposition. In the March contract, look for planetary price conversion resistance at 129-04; the next planetary conversion resistance is at 132-03.
Tuesday, Jan. 14
- High in Soybeans: The transiting Moon forms a Grand Square in the sky with two of three important axes in the first-trade soybean horoscope chart, putting a potential lid on prices. The transiting Moon is conjunct Neptune, opposite Saturn and square to both the Moon and Jupiter. Meanwhile, transiting Jupiter forms a Grand Trine with the market’s natal Mars and Uranus. Planetary price conversion levels for resistance exist at $9.50 per bu., then $9.78, in the March contract.
Wednesday, Jan. 15
- High in Euro FX: The transiting Moon and Mercury form a Grand Trine in the sky with the market’s first-trade Sun, while transiting Sun, Saturn and Pluto are trine to nearby first-trade Mars — all of which creates great ease. Also, transiting Venus (representing money) is aligned with the market’s natal Moon. So, it could be an emotional trading day. In the nearby March contract, resistance remains at the planetary price conversion level of 1.130, site of the Dec. 31, 2019 high.
Friday, Jan. 17
- High in Crude Oil: The transiting Moon activates a strong T-square in the sky with the crude oil market’s first-trade opposition between Mars and Pluto. The Moon is conjunct Pluto and opposite Mars. However, three other transiting planets (Sun, Saturn and Pluto) are at right angles to the pair. In the March contract, expect upside resistance at $60.90-$61.00, then $62.30-$62.90.
Last Week’s Scorecard (through Thursday’s close)
- Low in Soybeans on Friday, Jan. 3: March soybeans hit a low of $9.37 ½ per bu. on a big down day that saw prices close 14.5¢ lower. The day’s low was tested and held over each of the next four trading days.
Pretty Darn Good
- High in Gold on Tuesday, Jan. 7: February gold soared on the overnight open for trade date Jan. 8, rallying $39 per oz. from Tuesday’s close to hit $1,613.30 by 7:30 pm on Jan. 7.
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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