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S&P 500 Forecast for Wednesday, December 22, 2021

Updated: Oct 3, 2022


Highlighted support level, an attempt to establish or re-establish it.

Around the Low:

Revisiting of an old opportunity.

Around the High:

An opportunity to buy long positions before pushing higher.


At the open we can cash in on prior positions. We have the Science card, which was the theme for the prior day. The price level in the pre-market is highlighted. There is a sharp decline from roughly the open to 10am. There is back and forth behavior with a possible high. At around 10:30am to 10:45am there is an opportunity to open short positions. Roughly 11am to noon we have a sharp decline through multiple support levels. We have a turn around and a breakout to a crest, which starts around 11:45am. The President or a male leader is highlighted between 1pm and 2pm. We rally higher between 2pm and 3pm, and there is an opportunity to open short positions there. We revisit a low in the last hour, and there is a push off of it into the close.

Looking to Tomorrow:

Sharp dip within a period of volatility.



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