S&P 500 Daily Forecast for Thursday, May 21, 2020

Day's Theme - Choppy day. Finances improve significantly. Investments increase. A ruler / father figure spooks the market around 2-3pm est. and causes further selling off.

Technicals: Strong decline after misdirection around 10-11am est.

1-Day High - highest probability of forming between the open and 11am est. The high will form at a key technical level.

1-Day Low - highest probability of forming around Noon AND/OR around the close. Decline ceases in the post market. The low will be at a key technical level.

Planned Trades -

At open:

1)Sell longs. I sold against my calls creating some defense for my long positions.

2)Hold shorts. I bought an additional put at around 9:45am est.



#PlutoRetrograde #PlutoRetrogradeInCapricorn #SaturnRetrogradeCapricorn #SaturnInCapricorn #SaturnRetrograde #VenusRetrograde #VenusRetrogradeGemini #VenusInGemini #JupiterRetrograde #JupiterRetrogradeCapricorn #JupiterInCapricorn

#SunInGemini

#MoonInTaurus

#MoonTaurusSextileNeptunePisces @3:19pm est.

#MoonTaurusTrinePlutoCapricorn @11:29pm est.

#4thQuarterMoonTaurus #WaningCrescentMoon



#Gap?

#DailySpread #DayTrade #1DayChart

#May

#Thursday

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