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S&P 500 Forecast Wednesday, September 29th, 2021

Updated: Oct 3, 2022

Overall Theme and Behavior:

Flight to safety.

Pre-market to Noon

There is a decline in the pre-market. This is followed by a notable move higher and an equidistant notable move lower, right around the open. We should reach a high around the open or within the first hour, and at this point we will decline sharply. There is a sharp move higher within a period of volatility between 10:00am-11:00am. A peak happens around 11:00am-12:00pm, followed by some strong downward movement, likely having to do with some news that comes out.

Noon to Post-market

Then we have a flight to safety between noon and 2:00pm, with a trade opportunity between 12:00pm-1:00pm and another between 1:00pm-2:00pm. There is a peak that forms between 2:00pm-3:00pm, in connection to some positive economic data. There is an opportunity between 1:00pm-2:00pm to open a long position in the midst of a decline, and we are range bound in the last hour of the session. It looks to me like there is another opportunity in the last hour and/or around the close. The Prudence card appears around the close, likely indicating some sort of fake out or false top/bottom. I think it is a false bottom just based on the correlation to the Theme card, which is a flight to safety.

Looking Forward:

We have a notable decline and/or trough as the Preview card for the following day. This whole day is correlated with a clairekinetic impression of the Tower when conducting the reading, I would say there is a strong decline.

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