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  • October 2022 S&P 500 Predictions

    Month’s theme : A big move higher and some volatility. Behavior around the high : A big move out of the high to the downside. Behavior around the low : I’m advised to be cautious with trading around the low. Trade opportunities : Three opportunities on the 10th. An opportunity to open puts on the 19th. Advised to open up protection on the 27th. Week One (10/3 to 10/7): A relatively bullish first week. On October 3rd, congress is highlighted, and there’s one local high on a one-day chart. From that high, there will be a notable decline on a one-day chart. On October 4th, we have erratic back and forth behavior through the same price level, and in the midst of that price level, we revisit a recent past opportunity at a crest. There’s a notable drop between October 4th and October 5th. On the 5th, there are some notable price swings. We attempt to break through key resistance, but we fail to do so and subsequently break down through key support. We’ll see the same pattern on October 6th, however we do eventually move higher into or on October 7th. A high for the week will likely be on the 7th. Week Two (10/10 to 10/14): On October 10th, we’ll see two local highs on a one-day chart. There is a pretty substantial decline out of both of those highs. There are three trade opportunities here: the first involves a move higher along a diagonal trend line and a break through horizontal resistance to meet a secondary resistance, and then pulling back to somewhere between those two price levels. The second opportunity involves bullish price swings. The last opportunity is in the form of three criss crosses through the same price level, and the third cross will likely confirm a bullish trend. We’ll see a pretty sharp decline into October 11th. We’ll then have some bullish price swings out of the low. The move out of the low will be from the bottom of a range to the top of that range and will stand out on a multi-day chart. On October 12th, we successfully turn resistance into new support on a one-month chart. On October 13th, an agreement between two leaders is highlighted. There’s also a prominent trough for the month on the 13th. We’ll open up higher on October 14th. We’ll also see sideways fluctuations with a bearish trend preceding a rally and likely end at a low for the week. Week Three (10/17-10/21): On October 17th, there’s likely a gap up early in the morning. We’ll have a decline to and through a support level to meet a secondary support and then rotation sideways along that support level. We continue rotation along support on October 18th. There’s a local high on the 18th that will stand out on a one-day chart. On October 19th, we’ll see another prominent crest or high for the month. This marks a good opportunity to open puts. Between October 19th and October 20th, there’s three pokes through the same price level, and after that third poke, we’ll break down with a sharp decline through a key support level. It looks like we’ll have a continuation of the decline on the 21st. Week Four (10/24-10/28 and 10/31): On October 24th, there’s a bit of a rally in the morning marked by a fast move to the upside followed by a break down through a diagonal trend line. This is a good opportunity to close the puts opened on the 19th. There’s a big move higher to reach a crest on October 25th. We’ll see a prominent trough on October 26th. On October 27, we’ll likely see another high at a crest for the month. I’m advised to open up protection on the 27th because of an incoming drop. On October 28th and into the 31st, we continue bouncing along the support level that we were attempting to establish. Sneak preview for November: We have the completion of a bullish trend early in the month. #7ofDisks #XXITheUniverse #10ofDisks #VTheHierophant #6ofCups #XVIIITheMoon #5ofCups #4ofCups #AceofCups #2ofWands #9ofWands #6ofDisks #VITheLovers #IIITheEmpress #PrinceofWands #4ofWands #7ofWands #QueenofWands #ITheMagus #XILust #3ofWands #PrinceofSwords #IXTheHermit #9ofSwords #3ofSwords #5ofDisks #6ofSwords #AceofCups #10ofSwords #9ofCups #8ofDisks #KnightofWands #0TheFool #QueenofDisks #8ofCups #XTheFortune #PrincessofDisks

  • AMC August 2022 Predictions

    Month’s theme : Sideways rotation along an important support level. Behavior around the high : A notable drop off of the high through multiple support levels. Behavior around the low : The low will form after a notable decline. Trade opportunities : In the midst of the decline around the low there’s an opportunity to open up a long position. An opportunity on the 12th. A swing trade opportunity on the 18th. An opportunity to open up protection on the 19th. Week One (8/1-8/5) Around August 1st or 2nd will likely be the high for the month. There’s a notable move to the upside to reach that high. On August 3rd, we’ll go from that prominent high into a trough. Out of that trough, there’s a notable reversal to the upside that will stand out on a one-month chart. On August 4th, we’ll have two prominent highs. After meeting a resistance level on the 4th, we’ll break down with consecutively lower spikes up on the way down. On August 5th, there’s another prominent trough on a one-month chart. The trough will form after a decline from a notable peak. We also will have some erratic behavior back and forth through the same price level on the 5th. There’s some news or advice highlighted on the 5th around midday, and I’m advised to heed that advice. Week Two (8/8-8/12) Early on August 8th, there’s a crest at a day’s high. In the midst of some volatility on the 8th, there’s a sudden dip that will likely bring us to another trough for the month. On the 9th, we move higher but there’s an incoming cooling trend. We’ll also see profit taking from overbought territory on the 9th. On August 10th, we’ll revisit a past problem and have a flight to safety. Around August 11th, there will be some bullish price swings and two local lows on a one-day chart. One of those lows will form after a sharp drop off of a peak. The other low will form after a male leader releases news or makes an announcement. Early on August 12th, there’s a trade opportunity amidst a drop into a prominent trough. Week 3 (8/15-8/19) On August 15, we’ll have some sideways rotation along a support level followed by a fast, sudden move higher marking the end of that period of rotation. On August 16th, there’s a sharp drop off of a peak into a month’s trough. On August 17th, there’s a brief high early in the day followed by a sharp drop into a notable decline. Around August 18th, we’ll have a swing trade opportunity in the midst of notable volatility and a fakeout. On August 19th, there’ll be a rally into two local highs and one local low on a one-day chart. The local low will form during sideways fluctuations with a bullish trend that precede a decline. This rally presents an opportunity to open up a short position to protect against long positions. If I were to open up protection here, I’m advised to have the puts expire past the end of the month. I’m also looking to close the swing trade opened on the 18th during a sharp dip within a period of decline on the 19th. Week Four (8/22-8/26) On August 22nd, my sense is that we’ll likely open lower than we ended on the 19th. We’ll see two local highs and a big move to the upside to reach a distant resistance level. On August 23rd, we’ll have selling from near overbought territory on the RSI. We’ll also have one prominent high on a one-day chart that forms within a fast, sudden move higher that marks the end of a period of decline. On August 24th, I’m advised to be cautious. It looks like we might have a notable drop early in the morning and we’ll likely decline into the end of the day. Around August 25th, there’s a notable move to the upside, possibly breaking through resistance in the face of seemingly overwhelming headwinds. There’s one local high on the 25th that forms when we have a fast, sudden move to the upside. Around August 26th, we have a move higher that successfully turns resistance into new support. Week 5 (8/29-8/31) On August 29th, we may see a crest, but there’s more likely a notable trough. There are also two local lows on a one day chart as well as a local high. There’s a swing trade opportunity on the 29th that involves a sudden dip within a period of decline. One of the local lows involves a leader of nations. The other low involves a decline from a peak. On August 30th, there’s a notable move higher out of a month’s low where we likely push the upper end of a range higher. We move all the way from the bottom of a range to the top of the range on the 31st. Sneak preview for September: It looks like we’ll have a lower low. There are three spikes through a resistance level, and on the third spike, there’s a notable move to the downside. I’m advised to open up protection on that third spike. #4ofSwords #QueenofDisks #ITheMagus #10ofSwords #PrinceofWands #8ofWands #5ofWands #6ofCups #QueenofSwords #10ofCups #IXTheHermit #2ofWands #XIIIDeath #XTheFortune #3ofDisks #PrinceofDisks #QueenofCups #XVITheTower #3ofSwords #KnightofCups #XVTheDevil #4ofDisks #2ofDisks #6ofWands #KnightofDisks #PrinceofCups #8ofCups #PrinceofSwords #PrincessofWands #XILust #9ofCups #8ofDisks #7ofSwords #6ofDisks #AceofDisks #XXTheAeon #9ofWands #VIITheChariot #AceofCups #IVTheEmperor

  • August 2, 2022 S&P 500 Predictions (RATED)

    *Accuracy Rating Update: 100% or 12/12 statements correct.* Day’s theme : There’s an important resistance level highlighted. Behavior around the high: A notable decline off of the high that will be prominent on a one-day chart. Behavior around the low: We revisit a recent past opportunity at a support level when we have sideways rotation along support and a sharp dip within that period of sideways rotation. Trade opportunities : I’m advised to trade around meeting a resistance level and then breaking down with consecutively lower spikes up on the way down. There’s a trade opportunity to open up a short position during a rally in the last hour of trading. Overview: On August 2nd, we have the completion of a bullish trend in the pre-market marked by a fast, sudden move higher, followed by a breakdown through a diagonal trend line with increasing volatility as we move forward into the open. Right around the open, there’s a notable drop after an important resistance level is met. A day’s high will form first thing in the morning. There will be a lot of back and forth movement forming a prominent crest or high as well as a prominent trough or low in the first half hour. Between roughly 10:00 a.m. and 11:00 a.m., there’s a sharp dip. From roughly 11:00 a.m. to noon, we will move higher and turn resistance into a new support level. Between noon and 1:00 p.m., there will be both a prominent high and a prominent low. Out of a decline, there’s a sharp move higher from the bottom of a range to the top of a range between roughly 1:00 p.m. and 2:00 p.m. Between 2:00 p.m. and 3:00 p.m., we will establish an important support level. There is a rally into the last hour and moving into the close that marks a trade opportunity to open up a short position. There’s a notable reversal on a one-day chart right around the close. A male ruler of nations is highlighted at the close or in the post-market. Sneak preview: Overnight, there will be a prominent move higher on a one-day chart. This marks an opportunity to open up another short position. #6ofSwords #5ofWands #XXITheUniverse #XTheFortune #KnightofWands #XVTheDevil #IXTheHermit #6ofDisks #2ofDisks #9ofWands #AceofDisks #PrincessofWands #IVTheEmperor #0TheFool #QueenofDisks #AceofWands

  • August 1, 2022 S&P 500 Predictions

    Day’s theme : An important bottom or trough. Behavior around the high: A sharp decline out of the high that will stand out on a one-day chart. Behavior around the low: Three criss-crosses through the same price level with the third cross marking a bullish trend, however it’s nullified, and we don’t actually see a bullish trend. Trade opportunities : An opportunity to open up a long position early in the morning. Also around the open, there’s an opportunity to open up a short position in the midst of a rally. Overview: On August 1st, there are two trade opportunities early in the morning. One is to open up a long position, and the other is an opportunity to open up a short position in the midst of a rally. In the first half hour, we decline through multiple support levels, however this is followed by a big rally higher which marks an opportunity to open up a short position around 11:00 a.m. We then meet resistance and then break down with consecutively lower spikes up on the way down. Those spikes will meet moving averages as resistance levels. This is followed by a prominent move on a one-day chart midday to meet a day’s high or a prominent crest. I’m advised to cash out of my long position around this time, likely around 1:00 p.m. Between 1:00 p.m. and 2:00 p.m., there’s a fast, sudden move higher marking the end of a decline. We’ll see the day’s high between 1:00 p.m. and 3:00 p.m. Off of that high, we have a notable decline. In the midst of that decline into the close, we’ll see some back and forth behavior in the form of a sideways S-formation between horizontal resistance. In the post-market, there’s a move higher. Sneak preview: Multiple failed attempts to break through key resistance on August 2nd. #XIIIDeath #10ofWands #XVIIITheMoon #QueenofCups #AceofCups #7ofDisks #AceofWands #5ofWands #10ofDisks #KnightofCups #8ofCups #XIXTheSun #PrincessofWands #3ofWands #8ofSwords

  • S&P500 Forecast for Friday, July 8th, 2022

    Theme: Notable move to the upside. Overview: There is a fast, sudden move higher in the pre-market, and out of that, we have a selling from near overbought territory on the RSI. Early on, we have a notable trough and then the start of a rally in the first half hour. We have a high correlator in the first hour and a half after a breakout, and we should reach a high at a resistance. We decline with increasing volatility, starting roughly around the 11 am to noon hour. This move higher will be notable, and there will be a lot of movement midday. We have a selling from a price level that we will likely not revisit on this day. We sell from that crest and move through support. There is a crest that forms between 1 pm and 2 pm at resistance, and then we decline from this with increasing volatility as we move lower into the end of the day. There is a fake-out of some sort in the last hour and it looks like we move lower. There is a failed attempt to break through key resistance, followed by a decline through key support that transpires right around the close. There is a move higher out of a low or trough in the post-market #2ofWands #4ofDisks #XILust #5ofCups #0TheFool #4ofWands #ITheMagus #10ofDisks #XXTheAeon #KnightofDisks #PrinceofWands #9ofWands #VIIIAdjustment #XXITheUniverse #KnightofSwords #2ofSwords

  • S&P500 Forecast for Thursday, July 7th, 2022

    Theme: Big move to the upside to reach distant resistance. Overview: We have a move higher in the pre-market through horizontal resistance and we stay above it briefly before breaking back down. There is a trade opportunity around the open and we fall to and through support. We bounce along that and break down through more until there is rotation along support. In the first half hour, we have increasing bullish sentiment and we establish new support at a day’s high between 10 am and 11 am. A male ruler, likely the President, is highlighted in this hour, and generally, there is a holding pattern until some sort of decision is made and we have a move from support to resistance. Then we move back down to support between roughly noon and 1 pm. We meet a low here around the 1 pm to 2 pm hour in the midst of some volatility that increases. We successfully turn resistance into support in the following hour and I am advised to be prudent here. There may be multiple false tops and bottoms or some surprise. There is a piece of news that comes out around the close that results in a move higher and an equal move back down, resulting in a trade opportunity. We have a breakout in the post-market. #XILust #AceofCups #QueenofCups #XIVArt #3ofCups #PrinceofDisks #AceofDisks #IVTheEmperor #3ofDisks #PrinceofSwords #6ofDisks #8ofDisks #6ofWands #7ofCups #0TheFool #XVITheTower

  • S&P500 for Wednesday, July 6th, 2022

    Theme: A fast, sudden move higher marking the end of a period of decline. Overview: It looks like we have a low in the pre-market and there is volatility that increases as we move forward into the open. Out of a decline, there is a prominent move higher and it looks like there is a crest that forms around 10:50 am. We are selling from near overbought territory. There is an agreement between two leaders highlighted between 10 am and 11 am, and a move higher to meet a day’s high or prominent crest here between 11 am and noon. We rotate sideways along support in the following hour and there is a fast, sudden move higher marking the end of a period of rotation. We go from a day’s high to rotation and then there is another pop higher. It looks like there is a trade opportunity in the midst of a decline as we sell from near overbought territory on the RSI between 1 pm and 2 pm. Congress is highlighted and there is a notable move to the downside somewhere in here around the 2 pm to 3 pm hour. There is a move higher, pushing the upper end of a range in the last hour, crisscrossing back and forth three times through the same price level. This is right around the close, confirming a bullish trend. We have more bullish movement in the post-market. #KnightofCups #QueenofWands #4ofCups #3ofWands #PrinceofSwords #9ofCups #VITheLovers #2ofCups #KnightofDisks #10ofCups #VTheHierophant #XXTheAeon #XIXTheSun #9ofWands #7ofWands

  • S&P500 Forecast for Tuesday, July 5th, 2022

    Theme: The revisiting of a past opportunity at a crest within the midst of some erratic behavior. This behavior will be back and forth through the same price level. Overview: In the pre-market, we have a big move to the upside, which is an almost irrational move to meet distant resistance. It looks like we go from a low to a high or a high to a low. Both could transpire, but they will be here in the first few minutes. In the first half hour, we have a move higher along a diagonal trend line, breaking through horizontal resistance to meet a secondary resistance. Then we pull back to somewhere between those two right around the open. We have a steep decline out of the open, marking a bullish trade opportunity off a trough around 10 am. There is a notable move higher through horizontal resistance and we stay above it briefly before breaking back down through that same price level. Then we continue higher and there is a trade opportunity a bit before noon. If I open a long position there is an opportunity to sell for a day trade because we have the revisiting of a crest and opportunity where we should cash in. Then we fall from that price level and crest down to another support and we bounce along that support for a bit and break down through multiple support levels. There is a high correlator here, and then we go down to another low for the day. This is likely an important support level. We have a drop from a crest and some erratic behavior. We have a move higher off of support between 1 pm and 2 pm and then in the following hour, we revisit a crest and have some erratic behavior. There is a notable trough there as we move into the end of the day. We see another low correlator and an opportunity to position ourselves on both sides of the market. There is a selling from a crest down to meet a low again around the close, with three pokes through horizontal resistance, followed by a decline off of that third poke in the post-market. #6ofCups #6ofSwords #PrincessofDisks #9ofCups #XILust #AceofCups #3ofCups #9ofDisks #7ofCups #AceofDisks #XIIIDeath #PrincessofSwords #3ofSwords #QueenofWands #10ofCups #PrinceofCups

  • S&P500 Forecast for Friday, July 1st, 2022

    Theme: A prominent decline/ Overview: There is an important decision or agreement highlighted in the pre-market and we have a move higher to successfully turn resistance into new support right around the open. In the midst of that sideways-s formation, there should be a pop higher and a decline between price levels. Then we have a trade opportunity at an important resistance level between roughly 10am and 11am. We’ll have some sideways movement and some lull in price action. Then it looks like there is a notable decline. In the middle of the day it looks like there is a rally that marks an opportunity to open up a short position. We have a low for the day around 2pm and then there’s a prominent reversal out of that low. There are sideways fluctuations with a bullish trajectory and a notable move to the upside between roughly 2pm and 3pm that has to do with a piece of news that involves Congress. In the last hour, there is a possible holding pattern that fails and is followed by a sharp decline. There is a high correlator in the post-market, so it looks like we have a peak that is an opportunity to play both sides of the market. #XIITheHangedMan #VIIIAdjustment #3ofDisks #IXTheHermit #VITheLovers #QueenofCups #2ofSwords #UnicursalHexigram #PrincessofWands #VIITheChariot #XIXTheSun #VTheHierophant #PrincessofSwords #6ofDisks #4ofSwords #9ofCups

  • S&P500 Forecast for Thursday, June 20th, 2022

    Theme: Sideways-S formation between resistance and support. We have a decline to support, back up to resistance, and then back down to the same support. Overview: It looks like we have a high correlator first thing in the morning and an opportunity to open up some protection right around the open. There is a notable trade opportunity there in the first half hour, and then we have increasing volatility as we move forward throughout the hour of 10am to 11am. We drop down through support to meet secondary support and a day’s low. We move sideways along that support level between 11am and noon. There is a bit of a rally off of that support and then we decline midday. We revisit a past problem here, and then there is selling from a crest between roughly 1pm and 2pm. Around the 2pm mark, it looks like we have a bit of a move to the upside along a diagonal trend line but then we break down through that quickly with increasing volatility off of a day’s high. There is a fast, sudden move higher in the last hour, with a reversal right around the close. There is also a selling from overbought territory in the post-market. #QueenofCups #7ofCups #XVITheTower #XTheFortune #IITheUniverse #0TheFool #PrinceofSwords #5ofDisks #IXTheHermit #8ofCups #KnightofWands #8ofWands #10ofCups #PrincessofCups #6ofDisks #AceofWands

  • S&P500 Forecast for Wednesday, June 29th, 2022

    Theme: A rally out of a low that increases in momentum and bullishness as we move forward in the day. Overview: We have a prominent move in the pre-market and some sideways fluidity along support right around the open. The fluidity is equal amounts of bullish and bears. There is a cash-in opportunity in the first few minutes of trading, and then we have a breakdown from the open to roughly 11am. There seems to be a bit of a rally in there somewhere, and that is an opportunity to open protection or short positions between roughly 11am and noon. We have three failed attempts to break through resistance, followed by a decline. Between noon and 1pm we have three failed attempts to break through resistance again, followed by a decline through an important support level. There are price swings with a big move off of a low between roughly 1pm and 2pm. There is a big move to the downside and then bullish price swings out of that. Multiple failed attempts to break through key resistance between roughly 2pm and 3pm. In the last hour of trading, we have a selling down through support and we rally back up to that price level to use that as support again. There is a cash-in opportunity at support and there is likely new support here as well. In the midst of a rally, we hit resistance and then we start to break down in the post-market. #PrinceofWands #XXTheAeon #9ofCups #AceofDisks #9ofDisks #7ofCups #10ofSwords #3ofSwords #5ofCups #2ofWands #8ofSwords #4ofCups #5ofWands #2ofDisks #6ofWands #IIITheEmpress #UnicursalHexigram

  • S&P500 Forecast for Tuesday, June 28th, 2022

    Theme: Sideways rotation along support, crossed with multiple headwinds. Overview: The prior day we had a piece of news that came out that was really significant at the end of the day. It had something to do with an agreement between two leaders or some sort of decision between them and it impacted us overnight with a decline or low in the pre-market and a trade opportunity within the first half hour. At the open and in the first half hour it looks like there is a fast sudden move higher to meet resistance and a possible crest. We have a decline into the open followed by a sudden move higher and then we climb back down to whatever level we turned around and moved higher from. We have the Unicursal Hexagram card, which is generally one to be wary of because it speaks of a notable decline on a one-day chart. We have a trade opportunity in the morning that is a scalp to buy and sell calls. Then there is another opportunity to sell puts in the midst of a decline. It is sideways fluctuation with a bearish trend, and that is between roughly 10am and 11am. Then there is a notable decline to meet support, which is a cash-in opportunity. This looks like it is between roughly 1pm and 3pm. There is a sudden dip within a period of sideways movement that takes place right around the 2pm to 3pm hour. Then we sell from an overbought territory and we likely have a bit of a move higher at the end of the day, followed by selling into overbought territory. We seem range bound in the post-market. #3ofDisks #AceofDisks #XVIITheStar #3ofCups #PrincessofCups #QueenofCups #UnicursalHexigram #IIITheEmpress #XVIIITheMoon #IVTheEmperor #PrincessofDisks #QueenofDisks #10ofCups #10ofWands #8ofWands #7ofCups #QueenofSwords

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