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S&P 500 Forecast for Friday, August 14, 2020

Updated: Aug 1, 2022

************

83% Accuracy (7.5 correct statements out of 9 statements.)


Day's Theme - Misdirection in the premarket AND/OR a gap down with a rally from the premarket through roughly 9:45am. A strong decline from roughly 9:45am through 12pm. Between 11am and 12:30pm est. there will be an opportunity to open long positions & close short positions. Some rotation into new positions takes place between 12pm and 1pm est. A prominent rally commences around 1pm est. and continues until around the close. Within the last hour of trading the market bumps up against a support/resistance level which it bounces along through the close. More sideways movement AND/OR wild swings in the postmarket. Finishes significantly higher.


1-Day High -Within the first half hour of trading AND/OR between 2pm and the close.

1-Day Low - Undetermined. (*******my guess is between 10:45am and 1pm est.)

Planned Trades - TBD.

#SunInLeo

#MoonInGemini #4thQuarterMoon #4thQuarterMoonInGemini #MoonInCancer #4thQuarterMoonInCancer

#MercuryInLeo #MercuryDirect #MercuryDirectInLeo

#VenusInCancer #VenusDirect #VenusDirectInLeo

#MarsInAries #MarsDirect #MarsDirectInAries

#JupiterInCapricorn #JupiterRetrograde #JupiterRetrogradeInCapricorn

#SaturnInCapricorn #SaturnRetrograde #SaturnRetrogradeInCapricorn

#UranusInTaurus #UranusDirect #UranusDirectInTaurus

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#PlutoInCapricorn #PlutoRetrograde #PlutoRetrogradeInCapricorn

#ChironDirect #ChironInAries #ChironDirectInAries

#MoonGeminiSquareNeptunePisces @1:16am est. #VoidOfCourse

#MoonGeminiSextileSunLeo @4:32am est.

#MoonGeminiQuincunxPlutoCapricorn @6:32am est.

#MoonGeminiSextileMarsAries @7:19am est.

#MercuryLeoQuincunxJupiterCapricorn @7:28am est.

#MoonGeminiQuincunxSaturnCapricorn @1:47pm est.

#MoonEntersCancer @7:35pm est.


#GapDown

#OpenDown

#CloseUp

#Friday

#August


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#ThemeOfDayCard8ofDisks

#HighCardIIItheEmpress

#LowCardXVIIItheMoon

#FollowingDayCardQueenOfWands

#TradeTodayCardIIthePriestess

#OpenCardPrinceOfWands

#CloseCard2ofCups

#8ofDisks

#IIItheEmpress

#XVIIItheMoon

#QueenOfWands

#IIthePriestess

#PrinceOfWands

#2ofCups

#XVtheDevil

#6ofDisks

#XVItheTower

#PrincessOfSwords

#IXtheHermit

#9ofWands

#XXtheAeon

#5ofWands

#VIItheChariot

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