This is one of the “cards of change” in the tarot. Life is a cycle and within all our lives there are many cycles all happening simultaneously. When the Wheel comes up, it indicates natural change. Whatever is going on is about to give way to what would logically follow. Whether you think this is a good card or a bad card depends on where you are on the Wheel.
At least sometimes I think of it that way. Sometimes, I think of its association with Jupiter (which is weird since I rarely use astrological associations) and say it is good lucky and beneficial change. Hurray! And sometimes, when I’m feeling more pessimistic, I say it is a time when Fate randomly spins the wheel and where it stops, nobody knows. I argue that if what is going to happen next is simply what would logically follow, why do you need a tarot card for that? So it must mean something more dire. Yikes!
I should point out that my shifts in interpretation can be based on surrounding cards and intuition. The silly extremes above are just when I’m thinking about the card myself or working alone. I do not (at least I hope I do not!) swing this wildly when working with a client.
So, in addition to your thoughts on the Wheel, do your interpretations shift and change based on your mood?