Stock Market Outlook and Commodity Market Outlook: The New Moon is on Monday at 01:30AM, eastern. The planet Saturn leaves the sign of Sagittarius and enters Capricorn on Tuesday. Saturn’s transit through Capricorn will continue for approximately 2 1/2 years. On Wednesday, Venus trines Uranus. On Thursday is the Winter Solstice in the northern hemisphere when the Sun enters Capricorn. The Sun will also form a conjunction to Saturn on Thursday. On Friday, Mercury ends its retrograde cycle and turns stationary direct. This week’s key reversal days and turn dates are likely to be on Monday and Wednesday – Friday, 12/20 – 12/22 is the next strongest turn period in 2017.
Commentary for Emini trading: Here are this week’s most important levels. The trend remains up in all time frames. Key planetary resistance is now at 2686 – 2691. A break out above 2691 would be needed for a new buy signal to higher planetary levels. Key planetary support is now at 2657 – 2654. A break of 2654 is needed for a new sell signal to lower planetary support levels and a pullback.
Visit Emini trading strategies, my Daily E-Mini Astro-Report™, for precise intraday trading strategies for Emini trading based on leading indicators including key daily planetary support/resistance levels and trading times. May also be used for trading stocks or other stock index futures. Weekly reports are also available for swing traders or longer term traders.
Commentary for Gold trading: Feb. Gold completed a bottom at 1238 – 1233 weekly planetary support sent to Gold traders last Tuesday. A turn higher began from this key level on Wednesday. Key planetary resistance and the next upside target is at 1269 – 1274. A break of this key level is needed for a new buy signal to higher planetary levels. Key planetary support is now at 1251 – 1246. If price breaks 1246, we may get a retest at last week’s low or a final low to complete. We are in a very strong time frame of the year for a low to complete or change in trend higher to begin this month.
Visit my daily Gold trading strategy, Daily Gold Astro-Timer™, for more the information on very high probability gold trading strategies, key planetary support/resistance levels, key times for trading, and precise daily and intraday trading signals for trading the Gold futures market or Gold etf’s. Weekly reports are also available for swing traders or longer term traders.
Commentary for Crude Oil trading: Feb. Crude Oil is trading sideways in the daily time frame. Key planetary resistance on the upside is at 58.50 – 59.00. A break out above 59.00 is needed for a buy signal to higher levels out of the trading range over the coming weeks. Key planetary support is at 56.70 – 56.20 that held the low last week. A break of 56.20 is needed for a new sell signal to lower levels.
Visit my Crude Oil trading signals, Daily Crude Oil Astro-Timer™, for trading strategies that lead the market and inform you in advance when important reversals or trend changes are about to occur and the daily planetary support/resistance levels for intraday Crude Oil trading. Weekly reports are also available for swing traders or longer term traders.
Commentary for Eur/Usd: Key weekly planetary support remains at 1.1745 – 1720 that held the low last week. If price breaks this important level, it will be a new sell signal to lower levels. Key weekly planetary resistance is again at 1.1790 – 1810. A break out 1. 1810 is the next buy signal to higher planetary levels.
Daily or Weekly trading and market timing reports are available to give you the ultimate timing advantage if you are an experienced and skilled trader. These reports include daily or weekly planetary support/resistance levels and planetary times for intraday tops/bottoms and reversals if you actively trade during the day.
If you trade part time or longer term swing trade, the weekly reports and updates are more suited for you to better time the pivots highs or lows during the week for reversals.
If you actively trade everyday, the daily reports are the best option and include updated planetary support/resistance, my daily commentary and forecast, and proprietary key times for the most important turning points of the day when the best trading opportunities unfold.