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S&P 500 Forecast for Thursday, December 9, 2021

Updated: Oct 3, 2022


Theme:

Something hidden is revealed and a U-shaped dip.


Around the High:

We go sideways at a notable price level.


Around the Low:

Sharp declines through multiple support levels.


Overview:

We have a high correlation in the pre-market with a U-shaped dip. The Ace of Cups is opportunity there, and we have a push higher into a peak at the open. There is a trade opportunity here as well or we have a failed attempt to break resistance. The Trade and Devil card are crossed, so there is most likely an intentional shake out or fake out, and an indicator is falsely triggered. This probably means we will not break through that resistance level. There is a breakdown through diagonal trendline to create volatility. This is crossed with the Lovers card, which is an agreement between two parties that affects the masses. I have a clairvoyant impression to buy some puts in the midst of that push higher.


We have the Unicursal Hexagram again, which is a decline from the previous reading into today. There is a flight to safety and an unexpected failure between 10am and 11am. We revisit some sort of crest and back and forth movement along support before dropping further between 12pm and 1pm. We break down through support, bounce, and then break down through more before 2pm. We have three pokes through a resistance level followed by a failure and decline, with a low at the end of the day. There is a turnaround and a push out of that low, which could happen the following day as well. We have a U-shaped dip in the post-market.


Looking to Tomorrow:

In the face of seemingly overwhelming odds we still push higher.









#MoonEntersPisces @9:53am est.


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#_______%Accuracy


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