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S&P 500 Daily Forecast for Friday, June 5, 2020

Updated: Aug 1, 2022


91% Accuracy (10 correct statements out of 11 statements)

Day's Theme - A relationship between two rulers AND a significant decision is highlighted in the pre-market. Decline AND/OR gap down in the pre-market leads to a reversal off of support / resistance before the open. Open's up, barely. Sideways movement out of the open. A climb between 10am -11am est. is followed by a decline of roughly the same range around 11am -12pm est. and will highlight the relations between two rulers again. Between 12pm - 2:30pm est. there is a rally to the day's high. The rally ends with sideways price movement between 2pm - 3pm. A break down through the recently achieved support takes place into the close. Rally in the post-market.

1-Day High - will form between 1pm and 2:30pm est. A female leader regarding economic policy AND/OR a financial authority is involved in the day's high.

1-Day Low - will form in the pre-market with a reversal off of support. A significant decline to day's low AND/OR a significant rally off of the day's low takes place.

Planned Trades - TBD:

1) Possibly close short positions at 11:15am est. a life changing decision will be made.

2) Open a straddle AND/OR strangle position. Whether it is short or long is TBD.

#MoonSagittariusOppositionSunGemini @3:12pm est. LUNAR ECLIPSE


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