Stock Market Outlook and Commodity Market Outlook: We are at another high probability turning point for a sharp pullback in the stock indices beginning as soon as Monday or by Tuesday this week. Another low in Gold is also likely by Monday and spike higher to begin again by Tuesday this week.
Over the weekend on Sunday, Mars enters Libra and the Sun enters Scorpio. On Tuesday, Mercury trines Neptune. On Thursday, the Sun conjuncts Jupiter. On Friday, Venus squares Pluto and Mercury sextiles Pluto after the close. This week’s key reversal days or turning points are likely to be on Monday/Tuesday and Thursday. Important tops and bottoms in many markets are likely to unfold again by Thursday’s Sun/Jupiter conjunction.
Commentary for Emini trading: The E-Mini reached key weekly planetary resistance and the target indicated last week at 2571 – 2577 on Friday. If another short term top did not complete at this key level on Friday, it is likely to complete by Monday/Tuesday. Key weekly planetary support has now moved up to 2559 – 2553. A break of 2553 is now the next important sell signal to confirm a pullback to lower weekly planetary support 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: Dec. Gold tested key weekly planetary support sent to subscribers at 1280 – 1276. A break of this key level is the next important sell signal to lower planetary support levels. Another low is likely to complete by Monday/Tuesday. Key weekly planetary resistance is now at 1293 – 1299 at Friday’s high. A break out above 1299 is the next important buy signal to higher planetary price levels. If Gold turns higher again on Tuesday, another short term top is likely to complete by Thursday.
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: Dec. Crude is the new front month. The 51.90 – 52.50 weekly planetary resistance level indicated last week held the high. This remains key resistance to break for a new buy signal. Key weekly planetary support is at 50.70 – 50.10. A break of this important level is the next important sell signal to lower planetary 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 resistance at 1.1855 – 1910 held the high last week. This remains the key level to break for a new buy signal to higher levels. Key weekly planetary support is at 1.1730 – 1670 on the downside to hold for the trend higher to continue.
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.