Stock Market Outlook, Commodity Market Outlook and Turn Dates Ahead for week of August 7th

Stock Market Outlook and Commodity Market Outlook: On Monday is a Lunar Eclipse. On Thursday, Mercury sextiles Venus and the Sun sextiles Jupiter after the close. This week’s key reversal days or turning points are likely to be on Monday, Thursday, and Friday.

Commentary for Emini trading: Key weekly planetary resistance remains at 2481 – 2487 to hold for a turn down again. Key weekly planetary support is now at 2468 – 2464 this week. A break of 2464 is needed to show new weakness for a turn down to lower 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: Key planetary support for Dec. Gold is now at 1263 – 1257 to hold for a rebound higher again. Key weekly planetary resistance is now at the 1276 – 1280 weekly level that held the high last week. A break out above 1280 is the next important buy signal.

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: Sept. Crude Oil held below key weekly planetary resistance indicated at 50.10 – 50.70. This is the key level to hold for a turn lower again. Key weekly planetary support on the downside is now at 48.80 – 48.40. A break of this key level is needed to show new weakness or the advance may continue.

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 planetary resistance at 1.1910 at the high last week. This is the next hurdle for a new buy signal to higher levels. Key planetary support is now at 1.1720 – 1680 on the downside to hold for the strength and 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.


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