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S&P 500 Forecast for Friday, August 21, 2020

Updated: Aug 1, 2022


91% (10 correct statements out of 11 statements)

Day's Theme - Opportunity in volatility. Price swings. Premarket rally off of a gap down AND/OR a rally in the premarket followed by a decline. A high between the open and 11am est. Between 11am and 1pm there is a notable decline followed by an even more notable move higher. Slight retracement of the rally takes place between 1pm and 2pm est. Sideways movement in the last hour AND/OR price swings in the last hour. Finishes close to even. Price swings AND/OR volatility in the postmarket.

1-Day High - between the open and 11am est.

1-Day Low - The following trading day.

Planned Trades - Trade windows around the open AND/OR between 10am and 11am est.

#MoonEntersLibra @5:16am est.

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