S&P 500 Daily Forecast for Wednesday, June 24, 2020 Revisited

Updated: Aug 1, 2022

*******$4,791 Profit in One Day. (30% Realized Account Gain in One Day.)

***********

81% Accuracy. (9 correct statements out of 11 statements.)

Day's Theme - I conducted this reading 3 times to ensure accuracy (it is mercury retrograde...) The "theme of day" card produced the Hermit IX two out of three times. This suggests money moving to conservative investments. This is not a time to gamble. Caution. Risk off. Re-evaluating. An area where multiple indicators converge may be highlighted. Gap down at the open. Volatile sideways movement from the open. Volatility AND/OR sideways price movement between 10am - 11:30 / 12pm est. One or two notable moves higher will take place between 11am - 2pm est. The day's high will form between 11am - 2pm est. The high will form by bouncing off of a key resistance level (probable convergence of indicators). Following the high there will be a sharp move lower, breaking down through multiple support levels. The day's low will form around the last hour of trading. A significant move higher takes place in the post market.

1-Day High - The day's high will form between 11am - 2pm est. The high will form by bouncing off of a key resistance level (probable convergence of indicators). Following the high there will be a sharp move lower, breaking down through multiple support levels.

1-Day Low - The day's low will form around the last hour of trading.

Planned Trades - TBD.