Wheel of Fortune

Major Arcana · card 11 of 78 · cycles, rotation, luck, the turn

Wheel of Fortune tarot card

Upright meaning

The Wheel of Fortune turns, and everyone on it files the motion under either genius or injustice depending on their entry price. This is the card of cycles: sectors rotating in and out of favor, the same stock hailed and hated twice in one fiscal year, luck wearing the costume of analysis. The Wheel does not care about your thesis. It cares about turning, which it does with great reliability and no schedule. What is at the bottom will rise. What is at the top should enjoy the view briefly and quietly.

Market notes

Pairs with sector rotations, reversals of extended trends, cyclical names, and sharp reversals in `changePercent` against the prevailing 30-day direction. Read the trend for position on the wheel: extended runs in either direction imply the turn is closer, though the card refuses to say when — that refusal is canonical.

In the spread

In a past, present, future spread, this card takes the meaning of its seat: what has already happened, what is happening now, or which way the story leans. The position changes the tense. The card does not change its mind.

Related cards

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