Stock Market Outlook and Commodity Market Outlook: Mars completes a conjunction to Jupiter on Saturday, Jan. 6th. This happens every 2.24 years. On Monday and Tuesday, the Sun, Venus, and Pluto form conjunction, (stellium in Capricorn), and sextile Mars/Jupiter in Scorpio. On Thursday, Mercury enters Capricorn before the open. This week’s key reversal days and turn dates are likely to be on Monday/Tuesday and Thursday.
Commentary for Emini trading: The trend remains up in all time frames. The E-Mini has advanced into the Mars/Jupiter conjunction and Sun, Venus, Pluto conjunction. At least another short term top is likely to complete by Monday or Tuesday. However, the liquidity driven market can continue to fuel the market higher this year based on the Jupiter/Pluto cycle. A pullback can begin as soon as Monday. Key weekly planetary resistance remains at 2743- 2749. Key weekly planetary support is now at 2729 – 2723. A break of 2723 is needed to show new weakness for a sell signal to lower weekly levels.
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 remained strong last week and is still over bought. Key weekly planetary resistance to hold for another pullback is now at 1329 – 1334. Key planetary support on the downside is now at 1309 – 1303. A break of 1303 is a sell signal to lower weekly levels. I am bullish on commodities and precious metals this year. More inflation is coming. The trend lower in the USD remains in tact.
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: Key weekly planetary resistance is now at 62.10 – 62.55 that held the high. A break out above 62.55 is needed for a new buy signal. Key planetary weekly support is now at 61.45 – 61.00. A break of 61.00 would signal a pullback to lower levels. Crude Oil began to break through in the higher, monthly time frame last week. Higher prices are likely in 2018.
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: The Eur/Usd tested the 1.2095 – 2105 weekly planetary resistance last week. This is key resistance to hold for another pullback. Key planetary support is now at 1.2025 – 2010. A break of 1.2010 is a sell signal to confirm a pullback to lower levels.
Commentary for BTC (Bitcoin): BTC began to turn higher last week to test 16700 – 17300 planetary resistance. This is the key level to break for a new buy signal. Key planetary support is at 15400 – 15100 to break for a new sell signal and pullback to lower weekly levels. Another pullback is likely this week as the Mercury/Uranus trine begins to wane.
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.