For week of March 3rd: This is an important and strong turn period of the month as both of the planets, Mars and Saturn, turn retrograde at almost the same time over the weekend of March 1st. This is likely to time another reversal back down in stocks. Key weekly planetary support for the E-Mini S & P is now at 1838. A break out below 1838 is another sell signal to confirm a reversal back down again. On Wednesday, Venus enters Aquarius. On Thursday, the planet Jupiter ends its retrograde cycle and turns direct. This week’s key reversal days or turning points in all markets are likely to be on Monday and Thursday. Good trading to you!
Commentary on Gold: April Gold reached the next upside planetary price target indicated in my “Daily Gold Astro-Timer” for last week at 1347 – 1352. This remains key resistance and the next hurdle for Gold. Whatever direction Gold breaks on Monday’s key day, watch for another trend change again on Thursday this week.