So what’s really going on?
Have we seen a true bottom in oil prices today, or is the current upward movement just a sign of a dead-cat bounce?
That’s the topic of a feature article in the current issue of FinancialCyclesWeekly newsletter – it not only talks about the situation in oil prices today, but also reviews the potential for oil trends during the coming months.
Trade ETFs To Play Oil Prices Today
Although Crude Oil Futures grab most of the headlines when it comes to news about oil, remember that you can also get into the trading opportunities offered by oil prices today by getting into oil-based ETFs.
The ETFs don’t offer the same kind of leverage that futures contracts provide, but if you choose your ETF wisely you can still get a lot of bang for your buck, especially if you see that oil prices today are trending strongly.
For example, United States Oil Fund Limited Partnership (USO) trades on the New York Stock Exchange as an ETF, providing good liquidity and a low barrier to entry for small-scale speculators looking for a play in the oil market, since it closely tracks the trading action in Crude Oil Futures.
The trading chart above shows the way that geocentric Mars and Admetos in the ninth harmonic work together to structure support and resistance in the market action in oil prices today, as reflected in the trading for USO.
Bring On The Transneptunians!
It’s interesting to note the role of the Transneptunian Admetos here.
Many financial astrologers associate the planet Neptune with the oil industry.
They aren’t wrong in doing so, but at times this astrological signature can limit their thinking.
If the observation of planetary factors ends there, it can actually become an obstacle to developing an assessment of oil prices today and a forecast for future trends.
Admetos is connected with raw materials in general, and can be a critical factor in assessing supply-and-demand questions. So when we look at it along with Mars, we can get a pretty good picture of some of the key forces behind oil prices today.
What Do Midpoints Say About Oil Prices Today?
The Mars/Admetos midpoint also figures prominently in the First-Trade horoscope for USO. It’s easy to see its importance on the 90° dial.
The First-Trade 90° dial for USO shown here reveals the potentially dramatic effect that we may see with Neptune’s retrograde station coming up on June 12, 2015.
The red arrow on the right side of the dial is the position of the Neptune station, which will trigger Moon/Venus, Mars/Admetos, Neptune/Kronos, and Jupiter/Node midpoints in the USO First-Trade horoscope.
This midpoint zone is extremely sensitive, and needs to be watched closely in forecasting oil prices today or at any future time.
By the way, this same midpoint zone has been repeatedly impacted by eclipses in recent years, including the solar eclipse on January 15, 2010, the solar eclipse on June 1, 2011, the lunar eclipse on October 18, 2013, and the lunar eclipse on April 15, 2014.
During the coming years we’ll also be watching the solar eclipse on September 1, 2016 and the lunar eclipse on July 16, 2019 and potential triggers for the oil market as well.