(06/05/20) Markets Looking at a Tense Week

The stars are forecasting tension and delusion next week, reports Susan Gidel.

Neptune—the planet that governs illusion/delusion and fogginess as well as inspired creativity—is in the spotlight next week. It is part of the only two connections made in the sky this week between planets, both of which are tension-filled.

On Thursday, June 11, the Sun and Neptune form an exact 90-degree square at 5:57 am. The Sun in Gemini represents leaders and their communications, so indicates that they are confused or deceptive as the Sun squares Neptune in its ruling sing of Pisces. This aspect between the Sun and Neptune is in effect (and gaining in strength) during the Federal Reserve’s Open Market Committee (FOMC) meeting on Tuesday/Wednesday, so be especially careful in how you and/or the market interprets the results.

Also in effect and gaining strength throughout the trading week is the conjunction between Mars and Neptune in the sky, which becomes exact on Saturday, June 13 at 10:13 am. Mars is the planet of action and is not especially strong in Pisces, where it must move like it is swimming in deep water. A Mars/Neptune conjunction signifies sickness, weariness and deceptive actions. Interestingly, Mars rules epidemics (along with Pluto) while Neptune rules obscure or hard-to-diagnose diseases. This adds the Coronavirus into the week’s mix for confusion or deception about its reporting.

High in Soybeans on Monday, June 8: The first-trade horoscope of soybean futures has six of 10 planets in three axes (across the chart from one another) to the degree, which is stunning all by itself. On Monday, June 8, each of these three axes are being activated by transiting planets to those same degrees: 1. Transiting Sun is exactly conjunct the first-trade Moon and opposite Jupiter; 2. transiting Mars is exactly conjunct first-trade Saturn and opposite Neptune and 3. transiting Uranus is exactly conjunct first-trade Uranus and opposite Venus. Based on planetary conversion levels, look for resistance in the July contract at $8.87 per bu., then $9.03 to $9.12, with a strong level at $9.38.

Low in 10-year Treasury notes on Monday, June 8: Six out of 10 transiting planets are aspecting the sensitive first-trade Moon in the 10-year Treasury note horoscope—transiting Moon, Jupiter and Pluto are 120 degrees away; the Sun is in a 90-degree square; Mars and Neptune are 180 degrees away. In addition, the market’s first-trade Saturn is receiving aspects from five transiting planets—Sun is trine at 120 degrees; the Moon, Jupiter and Pluto are in a 90-degree square; and Mars is a tension-filled 150 degrees away. In the September contract, the first planetary price conversion level that could offer support is 136-08.

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

Pretty Darn Good

High in Gold on Tuesday, June 2: June gold peaked the day before, June 1, at $1761.00 per oz; the June 2 high was $4 lower, at $1,757. A day later, June 3, June gold bottomed at $1,690.30, a decline of nearly $67 in one day.

Off the Mark

High in S&P 500 on Monday, June 1:The S&P 500 was in the midst of a rally on June 1 that began the previous trading day with a low at 2998 and peaked two days later, June 3, at 3130. In the Bullseye! category was that the June 3 high was in the middle of the planetary price conversion resistance level of 3124-3134.

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.