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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.



#MoonEntersLeo @2:33am est.

#MoonLeoTrineKiron @6:00pm est.



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