A big energy shift important to traders occurs on Tuesday, October 13, during overnight trading hours. states Susan Gidel of Red Letter Trading Days.
Mercury—the planet that rules communications, trading and stock indexes—turns retrograde in motion at 9:05 pm. It turns direct again on election day, November 3, at 12:50 pm.
During this period, be hyper-aware of errant keystrokes when placing trades, and double-check your statements for accuracy. Mercury retrograde also could be a time when computers or the internet acts up at most inopportune times. Finally, for the election, results are very likely to be delayed due to lost or miscounted ballots.
The sun moves into difficult positions this week with Mars and Pluto. The sun opposes Mars on Tuesday at 7:26 pm, just ahead of Mercury’s turnaround. This transit can represent attacks on leaders. Two days later, the sun is exactly square to Pluto, where it reveals leadership tension to transform; the second presidential debate is scheduled for that evening.
- 10-year T-note low on Tuesday, October 13—Three fast-moving planets are activating this market’s first-trade sun. Most importantly, money planet Venus is exactly 120 degrees away from the first-trade sun, with the transiting moon also in play in that trine. Mercury is opposite the first-trade sun just before it turns retrograde that evening. Meanwhile, the transiting sun is aligned with the market’s natal Saturn and Pluto. The 10-year T-note remains in a wide no-man’s land of planetary price conversion support/resistance between 136-08 and 143-07.
- Crude oil high on Wednesday, October 14—This market’s first-trade Venus and Mars are highlighted by transiting planets that could create a high. Transiting Venus is exactly 120 degrees from its position in the natal horoscope, and the moon is within range. The market’s first-trade Mars is getting hit from both sides with transiting Mars conjunct and the sun opposite; transiting Saturn is exactly square the natal Mars spot, with transiting Pluto nearby. In December futures, $42.23 per barrel is stiff resistance from planetary price conversion, with $41.68-$41.72 as a first hurdle.
- S&P 500 high on Wednesday, October 14—Two of the most sensitive planets in the first-trade horoscope are being activated by the strongest of connections. Transiting Venus (money) is exactly opposite the S&P 500 natal sun and is strengthened by the nearby moon. Meanwhile, the transiting sun is opposite first-trade moon while Mars is conjunct. Resistance from planetary price conversions occurs at 3418, 3452, and 3484-3494.
- Gold low on Thursday, October 15—The gold market’s first-trade Venus feels ultimate pressure from three sides. Transiting Pluto is exactly conjunct; transiting sun is exactly square; and transiting Mars also is square, but from the other direction. In addition, transiting Venus is trine to first-trade Mercury, while the transiting moon is conjunct first-trade Pluto. The only planetary price conversion level in the 1800s is $1868 per oz. The next one lower is $1783.
- Euro FX high on Friday, October 16—Venus, the planet that rules money, in the euro FX first-trade horoscope feels pressure from three sides. Transiting Mars is conjunct, while the transiting sun and moon are directly opposite. Transiting Jupiter is 90 degrees away. Euro FX is in a wide no man’s land of planetary price conversion between 1.1620 and 1.2530.
Last Week’s Scorecard (Through Thursday’s Close)
Pretty Darn Good
- Soybean high on Wednesday, October 7—November soybeans peaked the next day, October 8, at $10.69 per bu., just 2 cents beyond the end-of-cycle planetary price conversion level of $10.67, as six direct connections with the first-trade horoscope for soybeans indicated a significant high.
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 in this post, 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.
All information in this post is merely the personal opinion of the author and not that of any other person, company or entity. This information is not to be construed as financial advice, nor relied upon as such. Please contact your broker or financial advisor for trading and investment advice. Past results are not necessarily indicative of future market behavior.
For more information about Susan Gidel, please visit SusanGidel.com.