Stock Market Outlook and Commodity Market Outlook: The stock market remains at an extreme level of greed and optimism related to the Jupiter/Uranus opposition cycle. The next most important turn period of the month is on Wednesday. Another pullback looks imminent this week in the stock indices even if there is further upside until Wednesday. Another important trend change higher is also likely to begin this week in precious metals.
Over the weekend on Sunday, Venus squares Saturn and the Sun conjuncts Mercury. On Monday, the Sun and Mercury square Pluto. On Tuesday, the planet Jupiter changes signs and enters Scorpio. This is most significant. On Wednesday, Mars squares Saturn. On Thursday, Mercury sextiles Saturn. This week’s key reversal days or turning points are likely to be on Monday, Wednesday, and Friday. Wednesday is the most important key day of the week and month.
Commentary for Emini trading: Key weekly planetary support is now at 2540 – 2536. There will be no sell signal for another reversal or pullback if price trades above this important level. Key weekly planetary resistance is now at 2553 – 2559. If price breaks through this level, the next upside target is at 2573 – 2575 planetary resistance.
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’s reached the 1263 – 1257 weekly planetary support level and downside target on Friday and also tested new planetary resistance at 1276 – 1280. This is the key resistance level to hold for another downturn. A break of 1270 is the next sell signal for a move down to lower planetary levels before a low completes. If a pullback begins again on Monday, another low may not complete until Tuesday or Wednesday.
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 planetary resistance is now at 50.10 – 50.70 to hold for the trend lower to continue. Key planetary support and the next downside target is at 48.90 – 48.30. A break of this key level would be needed for a new sell signal.
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 key weekly planetary support at 1.1690 – 1670 at the low on Friday. A break of this key level is needed for the next sell signal. Key planetary resistance is now at 1.1785 – 1810. A break out above this key level would be needed for a new buy signal. If the weakness continues, another low is likely to complete on Tuesday or Wednesday.
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.