S&P 500 Daily Forecast for Wednesday, May 20, 2020




Day's Theme - Moon in Taurus Squares Saturn in Aquarius @1:58am est. Gap down. Opportunity around the open. Rallies until it reaches a key technical level around 12pm - 1pm est. at which point some selling takes place followed by some volatility. #MoonTaurusConjunctUranusTaurus @2:07pm est. Closes higher than todays open AND/OR closes around the same technical level that was visited around noon time today.

1-Day High - highest probability of forming around Noon time today. The issue that was highlighted yesterday at around 2pm - 3pm est. will prevent the high from forming higher.

1-Day Low - highest probability of forming between the pre-market and 10am est.

Planned Trades -

At Open:

1) Sell long May 20-20 275 Puts.

2) Buy long calls around the open.

3) Buy long calls. &/OR buy long term calls to sell in June.

DO NOT TRADE after morning trades

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

#MoonTaurusSquareSaturnAquarius @1:58am est.

#MoonTaurusSextileMarsPisces @8:10am est.

#SunEntersGemini @9:49am est.

#MoonTaurusConjunctUranusTaurus @2:07pm est.

#VenusGeminiSquareNeptunePisces @7:03pm est.

#4thQuarterMoonTaurus #WaningCrescentMoon #MoonInTaurus



#Gap?

#DailySpread #DayTrade #1DayChart

#May

#Wednesday

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