Huge change in trend window for Grains
|February Review – “For the past several months, Corn prices have been in a trading range. Currently, Corn is trading narrowly sideways in the middle of its range. Key Dates – 2/5, 2/19, 2/20, 2/21, 2/25”
Results – 2/5 was the high of the month. 2/19 and 2/20 were an exact double bottom low leading to a good short term rally. 2/21 was not effective. 2/25 was a very good peak leading to a sharp decline.
Score - 4 out of 5 good dates = 80%.
March Update - Corn prices have been in a sideways trading range, with a slight downward tilt, since at least November 2018. February brought some topping action with a final rally into 2/25, which led to a sharp decline and a break of the trading channel. March 5-6 is potentially a huge change in trend window for Grains, with Mercury turning Retrograde and a Full Moon within 24 hours. These are two of the top short term cycles for Grains and they are converging within one day. Usually when smaller cycles converge, they can create the affect of a much bigger cycle. Additionally, 3/5 AC, Uranus will enter Taurus and Taurus is a key 90 degree angle to Leo, the ruling sign for Corn. Usually Mercury Retrograde or a New Moon are cycle tops. However, the way the Grains have declined into early March indicates a good possibility for an inversion low. Stay Tuned!
Key Dates – *3/5-6*, 3/7, 3/15, 3/21, 3/28, 3/29, 3/29 AC
This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.
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