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S&P 500 Forecast for Wednesday, September 2, 2020

Updated: Aug 8, 2022


100% (9 correct statements out of 9 statements.)

Below is irrevocable proof that this prediction was originally posted on August 30th.

Day's Theme - Gap down AND/OR the days first high in the premarket. The day's low AND/OR the week's low AND/OR the first low for September forms in the first half of the day. Bullish day even in the face of multiple negative headwinds. A very strong move higher begins midday and continues into the close. Another high is formed in the last hour of trading. There may also be some brief sideways movement within the rally at around roughly 2pm-3pm est. AND/OR sideways movement in the postmarket. Finishes higher with some selling off of the high.

1-Day High - In the premarket AND/OR around the close.

1-Day Low - Around the open.

Planned Trades -

1) Close short positions around the the open.

2) Open long positions around the open.

3) I may close long positions again (***DAY TRADE****) around the close dependent on what I extrapolate from tomorrow's reading.


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