The use of Astrology to measure market tops and bottoms is another form of technical analysis that can be exploited in your trading, notes Susan Gidel editor of the Red Letter Trading Days newsletter.

The position of planets in the sky as they relate to their positions when a market first began trading can provide clues to potential trend changes. The energy is strongest on the days noted below, but it is not unusual for the effect to be seen a day or two either side. See backgrounder “Market Analysis with Astrology” for further information.

A significant and lasting shift in planetary energy occurs on Wednesday, March 6 that has long-term ramifications for the financial and agriculture industries. That’s the day that the planet Uranus enters the sign of Taurus, at 3:26 am, where it stays for more than seven years, until April 25, 2026.

Uranus is the planet of disruption, revolution and unexpected change, and takes 84 years to go around all 12 signs of the zodiac. It was last in Taurus from June 1934-May 1942. Taurus, ruled by money planet Venus, has jurisdiction over banking, finances, currencies and agriculture. Over the next seven years, expect Uranus in Taurus to shake up these industries — potentially via advanced technologies, another arena in which Uranus holds sway.

Uranus first entered Taurus on May 15, 2018, and a week later, the U.S. House of Representatives voted to exempt small banks from Federal Reserve oversight. Last spring also was when U.S.-Chinese tariffs were focusing on soybeans. Uranus retrograded back into the sign of Aries on Election Day, Nov. 6, 2018, stirring up aggressive revolutionary forces, and sending the S&P 500 to a high of 2815 a day later. Since then, Uranus in Aries has overseen a drop to 2346 and a return to those early November highs, posting a high of 2813 on Feb. 25.

Wednesday, March 6—Soybean High, S&P 500 Low, 10-year T-note Low

Look for a high in soybeans as the Sun, Moon and Neptune are aligned with the first-trade horoscope’s Saturn and opposite its natal Neptune. Nearby May has planetary price resistance at $9.38 per bushel, with support at $9.12 and $9.03.

The S&P 500 could make a low as both the Sun and Moon are aligned with the index launch Sun (just two days after the index’s 62nd birthday), with Venus opposite the natal horoscope’s Uranus. Astrological price support is at two levels: 2763-2764 and 2732-36, with resistance is at 2830-2833.

The 10-year Treasury note market also could make a low as Uranus enters Taurus. This week, Venus (ruler of Taurus) completes a Grand Trine with the first-trade horoscope’s natal Mars and Mercury, each of which is on an important formation’s corner. Similarly, Mercury connects with natal Venus on a third important corner. Price-wise, June TYN has planetary price support at 118-08 (Ascendant conversion), with nearest resistance at 125-01 (Moon conversion).

Back Up Computers, Double-Check Orders
The planet that rules communications, computers, phones and transportation —Mercury — will begin its first of three retrograde periods this year on Tuesday, March 5 at 1:19 pm. When Mercury is retrograde, it appears to be moving backward in the sky, and the things its rules can go haywire. It turns direct in motion on March 28 at 9:59 am.

For the next three weeks, be sure to double-check your trading orders, particularly those entered online, in order to avoid any fat finger disasters! And, back up your computer systems and files by Monday night.

Last Week’s Scorecard (through Thursday’s close)

Bullseye!

  • Feb. 28 Low in Gold: April gold closed on its lows for the week at $1,314 on Feb. 28.
  • Feb. 28 High in Crude Oil: April crude oil closed at its highest level for the week on Feb. 28 at $57.23, pennies above “imposing resistance” from planetary price conversions at $57.20.

Pretty Darn Good

  • Feb. 26 High in 10-year T-note: High of 122-11.5 in nearby March tested on Feb. 27 at 122-12. Dropped to 121-21 by Feb. 28.

Off the Mark

  • Feb. 25 High in Euro FX: The week’s high was on Feb. 28, at 1.14365, above nearby planetary price resistance at 1.136-1.138.
  • Feb. 26 Low in soybeans: The week’s low in nearby March was on Feb. 28, 24¢ lower than the Feb. 25 high.
  • Feb. 27 High in S&P 500: The week’s high was on Feb. 25 at 2813.49, making a double top with the post-election-day high on Nov. 7, 2018 of 2815.15; both below planetary price resistance at 2830-2833, however.