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September 28, 2022 S&P 500 Predictions (RATED)

Updated: Dec 1, 2022

*Accuracy rating update: 100% or 10/10 predictions correct*



Theme:


An agreement or a decision between two leaders or a merger of some kind. The behavior around the day’s high is a decline through multiple support levels. I’m advised to open up some protection around the high. On the low, we have a decline to and through a support level to meet a secondary support level followed by sideways rotation alongside that support level. The high and the low are in close proximity to each other. There’s likely a speech of some kind that I’m advised to trade around.


Overview:


In the pre-market on September 28, 2022, we have a decision or an agreement between two leaders. There’s multiple failed attempts to break through key resistance in the pre-market followed by a brief high right around the open and a decline through multiple support levels. The first half hour is marked by a notable move to the upside followed by a sharp decline downward. Roughly around 10:00 a.m. to 11:00 a.m., we’ll be rotating sideways along support. Off of that support level, there’s a rally along a diagonal trend line to reach a crest and then we fall to meet support at a day’s low midday. We’ll be rotating sideways along that support with increasing bullish sentiment and momentum as we move into 1:00 p.m. Around this time, we’ll see a fast, sudden move to the upside presenting a trade opportunity. Between 1:00 p.m. and 3:00 p.m. there’s a prominent move higher. Somewhere in the last two hours there is a sharp decline and a continued decline overnight.





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