S&P 500 Forecast for Monday, December 6, 2021

Updated: Dec 8, 2021


Theme:

An opportunity to buy some puts.


Behavior Around the Highs:

Sudden fast move higher in volatility.


Overview:

In the pre-market we have a notable push to the upside. It looks like a breakout right around the open. There is an opportunity to buy some puts here. We have a high correlation in the first half hour with the Queen of Disks. So, we revisit a level after a push to the upside. There is selling from a notable peak between 10am and 11am. There is a good opportunity to open puts around 10am to 10:30am. We have volatility between 11am and noon, with a trade opportunity around 11:45am. There is a sharp decline in between 12pm and 2pm. Between 2pm and 3pm there is a failed attempt to break resistance with a decline through support. In the last half hour, I can position myself in both directions. I already own puts and I’ll buy calls at the end of the day. There is a local high and low the following day so I am positioning myself strategically. In the midst of back and forth movement there will be a push higher, with an opportunity to open some short positions again.






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#MoonInCapricorn #1stQuarterMoon #1stQuarterMoonInCapricorn

#MercuryInSagittarius #MercuryDirect #MercuryDirectInSagittarius

#VenusInCapricorn #VenusDirect #VenusDirectInCapricorn

#MarsInScorpio #MarsDirect #MarsDirectInScorpio

#SaturnInAquarius #SaturnDirect #SaturnDirectInAquarius

#JupiterInAquarius #JupiterDirect #JupiterDirectInAquarius

#NeptuneInPisces #NeptuneDirect #NeptuneDirectInPisces

#UranusInTaurus #UranusRetrograde #UranusRetrogradeInTaurus

#PlutoInCapricorn #PlutoDirect #PlutoDirectInCapricorn

#ChironRetrograde #ChironInAries #ChironRetrogradeInAries

#MoonCapricornTrineUranusTaurus @12:56am est.

#MarsScorpioSextilePlutoCapricorn @6:41am est.

#MoonCapricornSextileNeptunePisces @3:09pm est.

#MoonCapricornConjunctionVenusCapricorn @8:21pm est.

#MoonCapricornConjunctionPlutoCapricorn @10:56pm est.

#MoonCapricornSextileMarsScorpio @11:42pm est.


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