S&P 500 Forecast for Thursday, August 6, 2020

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100% Accuracy (11 correct statements out of 11 statements.)


Day's Theme - Gap down to support OR a premarket high followed by a decline around the open. The day's low around the open provides an opportunity to open long positions. Indecisive, sideways movement bumping along a support/resistance line from roughly 10am to 12pm est. A retest of the low AND/OR a reversal off of a support/resistance level around 11am to 12pm est. From roughly 12pm to 2pm there is a strong move higher. Classical technical analysis is fulfilled between 1pm and 2:30pm est. There is a reversal AND/OR several changes in direction between 1:45pm through the close. A high is formed between 2pm and the close. There is another opportunity around the last hour of trading.

1-Day High - between 2pm and the postmarket.

1-Day Low - between the premarket and 11:15am.

Planned Trades - Trade window around the open AND/OR between 11am and 12pm AND/OR the last hour of trading.


#SunInLeo

#3rdQuarterMoon #MoonInPisces #3rdQuarterMoonInPisces

#MercuryInCancer #MercuryDirect #MercuryDirectInCancer #MercuryLeo #MercuryDirectInLeo

#VenusInGemini #VenusDirectInGemini #VenusDirect

#MarsInAries #MarsDirect #MarsDirectInAries

#JupiterInCapricorn #JupiterRetrograde #JupiterRetrogradeInCapricorn

#SaturnInCapricorn #SaturnRetrograde #SaturnRetrogradeInCapricorn

#UranusInTaurus #UranusDirect #UranusDirectInTaurus

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#PlutoInCapricorn #PlutoRetrograde #PlutoRetrogradeInCapricorn

#ChironDirect #ChironDirectInAries #ChironInAries

#MoonPiscesQuincunxSunLeo @2:00am est.

#MoonPiscesSextileJupiterCapricorn @12:20pm est.

#MoonPiscesConjunctionNeptunePisces @2:12pm est.

#MoonPiscesSextilePlutoCapricorn @7:38pm est.



#GapDown

#OpenEven

#CloseUp


#DailySpread #DayTrade #1DayChart

#August

#Thursday

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#2020stockmarket #BeatTheMarket #DayTradingGuidance #TarotAndStockMarket #DayTrading #PatternTrading #SwingTrading #StockMarketPsychic #Historical one day chart of S&P 500 #Historical stock market news head lines #Free customizable technical stock charts


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