Potential highs in crude, euro and the 10-year T-notes next week, says Susan Gidel.

The New Moon in Gemini on Friday, May 22 connects with the first-trade horoscope charts of four major markets, indicating potential highs in crude oil, Euro FX and 10-year Treasury notes; look for a potential low in soybeans.

The last trading day before the long holiday weekend also features a positive relationship between the Sun and Saturn that suggests news of responsible leaders supporting creative plans, perhaps pulling some of out of the way-back machine.

On the flipside is that Mercury, ruler of communications, is connected to both Venus and Neptune in a way that suggests the potential for deception concerning financial issues. The Venus/Neptune square in the sky, the main financial troublemaker, is exact on Wednesday, the same day that the Sun moves into the sign of Gemini, where it can flip sides easily in any discussion.

  • High in Gold on Wednesday, May 20: Similar to the setup when gold peaked on April 23, the transiting Moon and Uranus are 120 degrees away (trine) the market’s first-trade Sun. Also supportive is that the transiting Sun is at 0 degrees of Gemini. Transiting Venus and Mercury are opposite the market’s first-trade Mars. Upside resistance could appear at the planetary conversion levels of $1,761 per oz. and $1,783; if surpassed, then $1,868 is the next stop.
  • High in Crude Oil on Friday, May 22: The New Moon in Gemini forms a tight, tension-filled triangle with the market’s first-trade Pluto and Neptune. This is an out-of-the-ordinary connection but can be powerful. In addition, transiting Mars makes an easy trine with the market’s first-trade Moon and Saturn. In July crude oil, planetary price conversion levels that could signal resistance include $29.23 per barrel and $32.80.

Can you help me find Brent crude first-trade data? I would like to switch my ongoing analysis to ICE Brent crude oil futures from WTI at NYMEX but need a definitive first-trade date and time to conduct my astrological research before I do. All I know right now is that the current active Brent contract at ICE launched in London at the International Petroleum Exchange in June 1988. Many thanks in advance for any data or leads on where I might find Brent crude’s launch information. Please email susan@susangidel.com.

  • High in Euro FX on Friday, May 22: The New Moon in Gemini is conjunct the market’s first-trade Sun, while transiting Mars is exactly aligned with the market’s first-trade Moon. These connections are significant because they are with the two most important planets in any horoscope chart. Look for resistance at the planetary price conversion levels of 1.0908, then 1.1007.
  • Low in Soybeans on Friday, May 22: In one of the year’s most significant set-ups with the soybean market’s first-trade horoscope, transiting Venus and Mercury are aligned with the soybean market’s important Moon/Jupiter axis, while transiting Uranus is exactly aligned with the market’s second important axis of Uranus/Venus. Meanwhile, the New Moon is trine to the market’s first-trade Mercury. Look for solid support at the planetary price conversion level of $8.38 per bushel.
  • High in 10-year Treasury note on Friday, May 22: Three transiting planets—Sun, Moon, and Saturn—are strongly connected to the natal Mercury corner of the market’s first-trade “mystic rectangle” formation. In addition, transiting Mars is working well with the market natal Jupiter, while Venus and Mercury are working easily with the market’s natal Saturn and Pluto. In the June contract, prices are between two planetary price conversion levels—136-08 and 143-07.

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

Pretty Darn Good

  • High in S&P 500 on Wednesday, May 13: The S&P 500 made a double-top on Tuesday, May 12 at 2945.82 with the April 29 high of 2954.86 as the Sun and Jupiter connected with the market’s first-trade Jupiter of growth and expansion. The natal horoscope’s Ascendant conversion of 2944 was in play.

Off The Mark

  • High in Soybeans on Thursday, May 7: July beans made a low of $8.32 per bu. on the day of the Full Moon, on their way to a high on Monday, May 11 at $8.61 ¼.  
  • High in Crude Oil on Tuesday, May 12: This was just one of several days of sideways movement with highs hovering both sides of $27 per barrel, near the Neptune conversion level of $26.90.
  • High in Gold on Tuesday, May 12: June gold made a low, not a high, as the Moon aligned with first-trade Venus, and the Sun was trine its natal position. Tuesday’s low of $1,693.50 in June found support at the Mars conversion level of $1,694.
  • High in 10-year Treasury note on Tuesday, May 12: The two powerful grand trines touching two corners of the first-trade chart’s “mystic rectangle” formation created a low, not a high. The June contract’s low was 138-185. 

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.© Copyright 2020 SusanGSays LLC