S&P 500 Forecast for Thursday, August 13, 2020

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75% Accuracy (6 correct statements out of 8 statements.)



Day's Theme - Decline in the premarket. Strong move higher followed by some retracement AND/OR sideways movement through midday. Around roughly 12:30pm to 1:30pm est and big move higher takes place. From around 1:45pm to 2:15pm est. there will be sideways movement AND/OR price swings reflecting indecision. Bulls win as there is another big move higher into the close. Finishes up and at the top of a range AND/OR higher into the close.

1-Day High - End of day AND/OR the close.

1-Day Low - Premarket AND/OR around 12:30pm to 1:15pm est. AND/OR significant low tomorrow.

Planned Trades -

#SunInLeo

#MoonInGemini #4thQuarterMoon #4thQuarterMoonInGemini

#MercuryInCancer #MercuryDirect #MercuryDirectInCancer

#VenusInGemini #VenusDirect #VenusDirectInGemini

#MarsInAries #MarsDirect #MarsDirectInAries

#JupiterInCapricorn #JupiterRetrograde #JupiterRetrogradeInCapricorn

#SaturnInCapricorn #SaturnRetrograde #SaturnRetrogradeInCapricorn

#UranusInTaurus #UranusDirect #UranusDirectInTaurus

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#PlutoInCapricorn #PlutoRetrograde #PlutoRetrogradeInCapricorn

#ChironDirectInAries #ChironInAries #ChironDirect

#MarsAriesSquarePlutoCapricorn @3:14am est.

#MoonGeminiSextileChironAries @3:27am est.

#MoonGeminiSextileMercuryLeo @8:33pm est.

#MoonGeminiQuincunxJupiterCapricorn @10:24pm est.


#MarsAriesSquarePlutoCapricorn @3:14am est.

#MoonGeminiSextileChironAries @3:27am est.

#MoonGeminiSextileMercuryCapricorn @8:33pm est.

#MoonGeminiQuincunxNeptunePisces @10:24pm est.

 

Headlines

IEA Cuts Oil-Demand Forecasts as air travel outlook darkens.

IEA cuts oil demand estimates for 3Q and 4Q.

Trump says UAE and Israel agree to normalize relations.

Chart of global jet fuel demand.


#GapDown

#OpenDown

#CloseEven

#Thursday

#August


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