S&P 500 Forecast for Monday, November 15, 2021

Updated: Nov 15, 2021

Theme:

The Game Card, but it is nullified.


Around the Highs and Lows:

We also have a nullified high and a nullified low. The behavior around the high is a selling from a high, taking profits from a nice upward move. Behavior off of the low is a significant move higher, even in the face of multiple headwinds.


Daily Overview:

In the pre-market, we have a courageous rally out of a decline. Right around the open, there is selling from an overbought territory. The price level that we test this morning feels like a resistance level. Between the open and 10:00am, we have a brief poke up through resistance and a break back down through that same price level. There is a price level tested around 10:00am, and it looks like there could be a high. We have a breakout to the upside to another high around 10:15am-10:20am, and then a breaking down through a diagonal trend line to meet a trough.


This is followed by a significant move to the upside between 1:00pm and 2:00pm, and then there is a sharp move to the downside around 2:00pm to 3:00pm. There is a testing of a support level. It looks like we go up, down, and back up in the last hour. Then we have some bullish behavior at the close along a diagonal trend line to break through resistance and meeting another before pulling back. There is some sideways-S behavior in the post-market and a high, there is likely some news that will come out here or the following morning.


Looking to Tomorrow:

The Valour Card, which indicates bumping along a resistance level(s).







#SunInScorpio

#MoonInAries #2ndQuarterMoon #2ndQuarterMoonInAries

#MercuryInScorpio #MercuryDirect #MercuryDirectInScorpio

#VenusInCapricorn #VenusDirect #VenusDirectInCapricorn

#MarsInScorpio #MarsDirect #MarsDirectInScorpio

#SaturnInAquarius #SaturnDirect #SaturnDirectInAquarius

#JupiterInAquarius #JupiterDirect #JupiterDirectInAquarius

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#UranusInTaurus #UranusRetrograde #UranusRetrogradeInTaurus

#PlutoInCapricorn #PlutoDirect #PlutoDirectInCapricorn

#ChironRetrograde #ChironInAries #ChironRetrogradeInAries

#MoonAriesSextileSaturnAquarius @1:59am est.

#VenusCapricornSquareChironAries @3:07am est.

#MoonAriesConjunctionChironAries @4:02am est.

#MoonAriesSquareVenusCapricorn @4:06am est.

#MoonAriesQuincunxMarsScorpio @7:32am est.

#SunScorpioSquareJupiterAquarius @2:58pm est.

#MoonAriesQuincunxMercuryScorpio @5:58pm est.


#ThemeOfDayCard

#HighCard

#LowCard

#FollowingDayCard

#TradeCard

#OpenCard

#CloseCard

#


#Gap

#Open

#Close

#_______%Accuracy

#Monday

#November


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