top of page

S&P 500 Forecast for Friday February 11th, 2022

Updated: Sep 4, 2022


A fight between bulls and bears and then a price decline.


We have a big move higher from the bottom to the top of a range in the pre-market. Right around the open we have a selling to support that we probably pass through a bit and then come back up in the first half hour. Then we have a decline and a failure from a peak that we will not revisit in this reading. From 11am to noon we have a sideways-S behavior and a peak through resistance. We break back down to that price level from noon to 1pm. In the next hour there are price swings and things tighten up in a narrow range from 2pm to 3pm. We have an unexpected failure in the last hour and then a full retracement that takes place in the post-market.

At the high there are breakout and fast highs and then the lows are reached after breaking through support to meet another before breaking down more.

Sneak Preview:

We are going to have another intentional shakeout or false triggering and revisiting of a crest.




















7 views0 comments
bottom of page