S&P 500 Daily Forecast for Wednesday, May 27, 2020
Updated: Aug 1, 2022
Day's Theme - The market plunges. Sudden and unexpected changes. Funding of some kind may be cut off today AND/OR business closures and job loss may be hight lighted. Market opens lower AND/OR at a key support / resistance level where it bounces around for a few minutes. Around the open the market ceases its movement in one direction AND/OR something is completed that affects the market. The market will breakdown through at least 2 key support levels.
1-Day High - will form between 9:45am - 11:30am est. The high will be marked by a move through a resistance level but then a decline back below it.
1-Day Low - will form between 1pm and the close with the higher probability of forming the closer we get to 2pm est. A strong move to the low AND/OR off of the low.
Planned Trades - Opportunity today, on the corresponding weekly reading.
1)TBD.
#PlutoRetrograde #PlutoRetrogradeInCapricorn #SaturnRetrograde #VenusRetrograde #JupiterRetrograde
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#MoonEntersLeo @2:33am est.
#MoonLeoOppositionSaturnAquarius @5:42am est.
#MoonLeoSextileSunGemini @3:02pm est.
#MoonLeoSquareUranusTaurus @5:34pm est.
#MoonLeoTrineKiron @6:00pm est.
#MoonLeoQuincuxMarsPisces @8:36pm est.
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