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S&P 500 Forecast for Wednesday, July 15, 2020 Markets

Updated: Aug 1, 2022


100% (6 correct statements out of 6 statements)

Day's Theme - Bullish premarket on something international or globally highlighted. Gap up near resistance where multiple technical indicators converge AND/OR give contradictory readings. Some sideways AND/OR price swings from that point through the early morning. Around noon time there will be more price swings and volatility AND/OR an intraday trend reversal. Remains stuck in within a range from roughly 1pm to 2pm. Around 2pm through the close there will be a notable intraday move/s (***my guess is it goes lower) AND/OR a notable moment of opportunity. Moving into the close we will bump up against and move along support/resistance. market ends lower.

1-Day High - Undetermined. ***My guess is around the open through 11am.

1-Day Low - Undetermined. ***My guess is around 10am-11am AND/OR 2pm-3pm AND/OR post market.

Planned Trades - Trade windows around the open through 11am est.AND/OR 2pm through 3pm est.


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