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S&P 500 Forecast for Wednesday, September 9, 2020

Updated: Aug 1, 2022


% ( correct statements out of statements.)

Day's Theme - Courageous rally off a low. Senate may be highlighted in the premarket. A significant gap down AND/OR significant decline at the open. Finds support before 10am est. There is a drop followed by a retracement from roughly 9:45am through 11:15am est. A new low followed by a trend reversal AND/OR a new low followed by sideways price action between roughly 10:45am and 12:30pm est. More rotation/sideways movement bouncing around a support/resistance line until roughly 2pm est. A new low followed by a notable move higher. More selling off of a peak into the close. Decline AND/OR volatility in the postmarket.

1-Day High - In the pre-market AND/OR around the last two hours of trading.

1-Day Low - Around the open AND/OR between between 11am and 1pm AND/OR in the last two hours of trading. In all there will be 3 to 4 troughs today.

Planned Trades - Holding long puts and any bearish positions through the day.

Day Trade Opportunity: Potentially buying ITM calls at around 1pm - 2:15pm est. Selling around 3pm.

#MarsRetrograde @6:22pm est.


Senate impending vote on stimulus. FB
Corporate tech jobs in a career day hosted by Amazon. JNJ, AMZN
JNJ Low Covid 19 rates in hostpitals a study implies.

Senate readies for stimulus vote. Tech sector in rebound.
"Equity Index"

Increase in NASDAQ after 3-days of decrease. CSCO

INDU Rebound in the stock market.
"MXEF Index" ACB "Aurora appoint new CEO to drive turnaround plans"
Clinical trials on hold for Covid 19 vaccine by Astrazeneca. AZNCF, NVAX, BNTX, PFE, MRNA
"SPX" S&P highest since June.
Biden speaks about the current economy,


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