top of page

December 13, 2022 S&P 500 Predictions (RATED)

Updated: Dec 20, 2022

*Accuracy rating update: 100% or 12/12 predictions correct*



  • Day’s theme: A critical technical price level is highlighted.


  • Behavior around the high: Bearish price swings and a notable drop out of the high that will stand out on a one-day chart.


  • Behavior around the low: A rally along a diagonal trend line with a fast, sudden move higher followed by a drop through that diagonal trend line. This behavior is nullified, however.


  • Trade opportunities:

    • A trade opportunity at a crest around 1:00 p.m.



Overview:


On December 13th, we’ll have the completion of a rally at the beginning of the day or in the pre-market. There’s some volatility that increases as we move forward into the open. There’s a failed attempt to break through key resistance on a one-day chart followed by a decline through key support on a one-day chart near the open or in the first half hour. We’ll have a lot of price movement covered off of the high between roughly 9:45 a.m. and 11:30 a.m. I’m advised to open up protection at a brief high around this time. Congress is highlighted here. Midday, we’ll have three criss-crosses through the same price level. There may be a trade opportunity at a crest around 1:00 p.m.


Between roughly 1:00 p.m. and 2:00 p.m. we’ll have some volatility that ends with a fast, sudden move to the upside. There’s a notable move higher between 2:00 p.m. and 3:00 p.m. There’s a rally and something to do with a male ruler of nations around this time. That rally continues into the end of the day with sideways fluctuations with a bullish trend preceding a decline. Right at the close, there’s a crest that we sell down from to and through a support level. There’s a U-shaped reversal to and through a support level. We’ll then have a reversal below that support level and then rise back up to reuse that price level as support. There’s a price level from yesterday that’s a high today. I’m advised to be cautious around price levels in the post-market.


Sneak Preview


We attempt to reestablish support on the 14th. A critical support level is highlighted on the scale of a multi-day chart.






27 views0 comments
bottom of page