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500 Daily Forecast for Wednesday, June 17, 2020

Updated: Aug 1, 2022

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Day's Theme - Expectations are delayed. Stalled negotiations. Complete reversal of perspective.

1-Day High - will form around the open AND/OR between 2pm - 3pm est. Market correction off of the high.

1-Day Low - will form between 11am -12pm est. AND/OR between 3pm est. and the post-market.

Planned Trades - TBD. Close some long positions at the open. Sell some more calls around 2:30pm est.




*******Original Post

Day's Theme - Happiness. Buying spree. Gain. Gap down. Trade opportunity in the pre-market AND/OR at the open. Strong bullish move higher in the first 30 minutes of the trading session. Selling off of the high around 10am -11:30am est. AND/OR sideways price action from 11am - 2pm est. Decline commences around 1:30pm AND/OR decline from 2pm - 3pm est. Finishes higher. Sell off in the post market.

1-Day High - will form between the pre-market - 10:30am est.

1-Day Low - undetermined. Low will form some time AFTER the day's high.

Planned Trades - TBD: Place trades before 10am est. Probably open bearish positions.





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