During my interview with Michael Yorba on his Traders Network radio show yesterday, we had a chance to talk about the role that Venus has been playing in defining price levels for this week’s stock market trading top.
In our previous conversation I had identified Venus-based price resistance as potentially stopping the advance in the S&P 500 at 1903.35, based on the work I had done using techniques developed by W. D. Gann to analyze the Venus/Pluto waxing square on May 14. (You’ll find more details on that forecast on my May 8 Blog Post.)
As it turned out, however, the exact time for the stock market trading top was at 10:44 Eastern Daylight Time on Tuesday, May 13, with the S&P turning at 1902.17 instead.
When Michael and I discussed this yesterday, he was quick to praise the accuracy of my forecast, and I talked about the role that the upcoming Mars station is already playing in speeding up some of the planetary phenomena that we’re looking at as potential movers of the price action in stock market trading right now.
After the radio interview, however, I did some more thinking about what had happened in the markets earlier in the week.
Why had the resistance point been hit on Tuesday instead of Wednesday?
And why was the top at 1902 instead of 1903? I was a little puzzled.
Then it dawned on me.
Venus moves pretty fast, so on May 13 it wasn’t yet in a position that corresponded with 1903 in the S&P!
I took a look at the horoscope for the actual trading top, and calculated the S&P price level that corresponded with the position of Venus when the stock market trading top occurred:
Obviously, 1902.05 is a lot closer to 1902.17 than 1903.35 is– so close, in fact, that it unequivocally confirms the role Venus has been playing in articulating active price resistance this week.
But what was Venus doing that made the market turn on May 13 instead of May 14?
The 90-degree dial for the stock market trading top answered that question fast:
This unique combination of midpoint structures provides a startling definition of a trading top. And these specific planetary signals also gave us a dramatic reminder of just how important it is for us to use transneptunian factors like Zeus and Kronos in our astro-trading forecasts!
The bottom line here is this– not all of our forecasts are correct, but when they miss the mark (even very slightly), it’s sometimes worth the extra effort to take another look to see what we can learn in retrospect.
That’s how the art and science of astro-trading keep moving ahead!
By the way, if you missed hearing the interview with Michael Yorba yesterday, you can listen to it right here: