Stock Market Outlook and Commodity Market Outlook: Over the weekend on Sunday, Venus sextiles Uranus, Pluto trines the No. Node, and Mercury changes signs and enters Gemini. On Monday, the planet Neptune turns stationary retrograde and Venus is inconjunct Mars. On Tuesday, the Sun is inconjunct Mars and sextiles Uranus. On Wednesday, the Moon enters Scorpio. The fomc makes another announcement and holds a press conference for increased volatility on Wednesday. On Friday, Venus enters Cancer and Saturn squares Neptune after the close. This week’s key reversal days or turning points are likely to be on Monday and Wednesday.
The Mars/Uranus cycle is now due to bring increased volatility to all markets this week. This volatility is likely to continue into the month of July.
Commentary for Emini trading: The 2116 – 2119 weekly planetary resistance level indicated held the high last week for the June contract. A turn down began on Thursday’s reversal day and follow through lower on Friday. Key planetary support for the September contract this week on the downside is now at 2071 – 2069. A break of 2069 is needed for the next sell signal down to lower levels. Key planetary resistance to hold for the bias to remain down is now at 2094 – 2096 this week.
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.
Commentary for Gold trading: August Gold surged higher last week since the trend change on Friday, June 3rd during the strong turn period on June 3rd or 6th, and mutable grand cross. The rally is now over extended. A turn down is likely to begin again on Monday’s key reversal day. Key planetary resistance is now at 1278 – 1285 on the upside. Key planetary support is now at 1268 – 1266. A break of 1266 is needed to confirm another pullback to lower levels. Watch 1244 – 1240 as a downside target on a pullback this week.
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.
Commentary for Crude Oil trading: The 51.65 weekly planetary resistance level sent to Crude Oil traders was the precise high of the week for July Crude Oil. A turn down from this key planetary price level began on last Thursday’s reversal day and follow through lower on Friday. Key planetary support is now at 48.75 – 48.45. A break of 48.45 is the next sell signal down to lower levels. Key planetary resistance to hold for bias to remain down is now at 50.20 – 50.60. A break out above 50.60 again is needed for a new buy signal to higher 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.
Commentary for Eur/Usd: Key planetary resistance to hold for the bias to remain down is now at 1.1325 – 1355. Key planetary support is now at Friday’s low at 1.1245 – 1233. A break of 1.1233 is a sell signal to the next target at 1.1180 – 1140 planetary support or lower.
Visit my Forex trading strategy, Daily FX Astro-Timer™, to get started on leading price and time signals for intraday trading the Eur/Usd. Each day precise planetary support and resistance levels are calculated are sent to you including the key times when tops/bottoms or reversals are due to occur during the “power hours” 8AM – 12PM, eastern for forex trading, and a daily Eur/Usd forecast.
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Copyright © 2016, T.S. Phillips, Astro Advisory Services, Inc.