3/31 ZS N7 CL 9552 

4/28 ZS N7 CL 9524

 

April Review – “Mercury and Virgo are the major factors for Soybeans and there are three major events related to those factors. 4/07 AC – Mercury turns Retrograde. 4/26 Mercury 0 South Latitude. 4/28 – The Moon’s North Node reaches 0 degrees Virgo. This last factor may not bring an immediate turn, but if the market conditions are right via a sharp decline, this could set up a major low by early May. Key Dates – 4/3, 4/10, 4/20, 4/24, 4/26, 4/28, 4/28 AC”

 

Results – 4/3 was a short term low. 4/10 was a one day high. 4/20 was a short term high. 4/24 was a good short term high. Score = 4 out of 4 good dates = 100%.

 

May Update – Big picture for Soybeans is that the Moon’s North Node has left Virgo and this should help remove some supply from the market. The big planetary event for the month is that 5/3 PM, Mercury will turn Direct. Mercury is the ruling planet for Soybeans. Technically, Soybean prices have traded into a narrow range.

 

Key Dates – 5/1, 5/4, 5/8, 5/18, 5/26

 

 

 

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.

 

 

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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