S&P 500 Forecast for Tuesday, December 7, 2021

Updated: Dec 8, 2021



Theme:

A crest is revisited, it is like a bearish bouncing around, but it is nullified.


Around the High:

Selling from a peak to one resistance level and then breaking down.


Around the Low:

Back and forth behavior.


Overview:

In the pre-market there is a range that is highlighted, we probably hit the top of a range. We open with the Fortune hard, which often means a new high or notable high. It is crossed with the Queen of Cups, which is a sideways-S between support and resistance. In the first half hour there is a sharp decline through multiple support levels. It is also crossed with a clairvoyant impression of powerful change. Between 10am and 11am, we may revisit that same range and there is a trade opportunity to sell for both sides of the market. We have the Queen of Disks, which will most likely be the same support level we revisited the day before. We have selling from a peak from an overbought region on the RSI, and there is a big push to the upside around 1pm. There is a breakdown around 2pm and there is back and forth fluidity around 2pm to 3pm. There is a lot of volatility in the last hour with a sharp dip in there as well. There is a low correlator right around the close, and there is a sharp decline with the Ace of Disks.


Looking to Tomorrow:

Lots of volatility.





#SunInSagittarius

#MoonInCapricorn #1stQuarterMoon #1stQuarterMoonInCapricorn #MoonInAquarius #1stQuarterMoonInAquarius

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#SaturnInAquarius #SaturnDirect #SaturnDirectInAquarius

#JupiterInAquarius #JupiterDirect #JupiterDirectInAquarius

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#ChironRetrograde #ChironInAries #ChironRetrogradeInAries

#MoonEntersAquarius @6:49am est.

#MercurySagittariusSquareNeptunePisces @10:16am est.

#MoonAquariusSextileChironAries @8:56pm est.

#MoonAquariusConjunctionSaturnAquarius @10:43pm est.


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