S&P 500 Forecast for Wednesday, October 13, 2021

Updated: Oct 17, 2021

Theme:


Notable move to the upside highlighted within a period of volatility.


Overview:


A male leader, most likely the President, is highlighted in the pre-market. Right around the open we have a big move to the upside to reach the day’s high, followed by an equal move to the downside not too shortly after. This is in the first half hour. Around 10:10am-11:00am, we have a sideways S behavior between a resistance and a support level. We will either have the environment or a female leader highlighted between 11:00 and noon. It is more likely to be a female leader or both. Legislation or litigation comes up, also falling in line with the Theme card. This is also an opportunity for me to trade, as well as somewhere in the first half hour, right around the open.


When we have that high, I will be opening some short positions, buying some puts. We have an opportunity midday during a notable move to the downside within a period of volatility, around noon to 1:00pm. This is an opportunity to open long positions. I do not think I will be selling my short positions that I have from earlier in the day, but I will be opening some long positions so that I am playing both sides of the market. Then there is a trade opportunity right around the close for the day. Off of the low, which will be between around 1:00pm-2:00pm, there will be a big push to the upside, likely based on legislation that has to do with economics.


There is an agreement, decision, or partnership between two leaders highlighted between 2:00pm-3:00pm. We have a failed attempt to break resistance and/or a decline through a support level in the last hour. Right around the close we have the Ace of Cups card, representing an opportunity. It remains to be seen in what direction it may be, since this card is usually a U-shape. In any case, out of a sharp decline, we have a courageous rally. In the post-market we should see a move higher along a diagonal support level, to break through resistance and meet a second level before pulling back.


Looking to Tomorrow:


The following day is a move higher along a diagonal resistance level followed by some sharp volatility.




#SunInLibra

#MoonInCapricorn #2ndQuarterMoon #2ndQuarterMoonInCapricorn #MoonInAquarius #2ndQuarterMoonInAquarius

#MercuryInLibra #MercuryRetrograde #MercuryRetrogradeInLibra

#VenusInSagittarius #VenusDirect #VenusDirectInSagittarius

#MarsInLibra #MarsDirect #MarsDirectInLibra

#SaturnInAquarius #SaturnDirect #SaturnDirectInAquarius

#JupiterInAquarius #JupiterRetrograde #JupiterRetrogradeInAquarius

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#UranusInTaurus #UranusRetrograde #UranusRetrogradeInTaurus

#PlutoInCapricorn #PlutoDirect #PlutoDirectInCapricorn

#ChironRetrograde #ChironInAries #ChironRetrogradeInAries

#MoonCapricornSextileNeptunePisces @1:11am est.

#MoonCapricornConjunctionPlutoCapricorn @6:53am est.

#VenusSagittariusSextileSaturnAquarius @3:26pm est.

#MoonEntersAquarius @4:47pm est.

#SunLibraQuincunxNeptunePisces @11:32pm est.


#ThemeOfDayCard

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#FollowingDayCard

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#


#Gap

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#Close

#_______%Accuracy

#Wednesday

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