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  • S&P500 Forecast for Friday, May 20th, 2022

    Theme: A crest and we sell down through support and then back up through that price level. Overview: There is sideways fluidity in the pre-market and a crest is revisited right around the open. We sell down through support and bounce along it before breaking down through more. THere is an opportunity at a day’s low in the first half hour. We could open positions in both directions so it looks like you are going to want to play both directions. I would buy a short position at the open or between roughly 10am and 11am. A price level is highlighted we meet it in the following hour. Then we have a prominent decline between and a big move out of it. We push higher to reach a high between roughly 1pm and 3pm. Between 2pm and 2pm there is volatility and a fast, sudden move higher marking the end of a period of volatility. We meet a high again and continue to move higher in the last hour to reach a distant resistance. There is a day’s high around the close from which we break down through that resistance level. #4ofCups #XVITheTower #ITheMagus #10ofSwords #2ofDisks #PrincessofSwords #PrincessofCups #4ofSwords #XVIIITheMoon #AceofWands #KnightofSwords #XILust #AceofSwords #7ofCups #7ofSwords #3ofDisks

  • S&P500 Forecast for Thursday, May 19th, 2022

    Theme: Sideways fluctuation with a bullish trend. Overview: An important price level is highlighted in the pre-market and out of a decline we have a sudden, fast move higher. This marks the end of a decline, and around the open we have some bullish sideways movement. There is an opportunity to open some short positions in the midst of that around 10am to 11am. In the following hour, we move higher through resistance and break back down through it before moving to the upside again. It looks like there is a lot of volatility here and this move to the upside is an opportunity to close out some positions. We attempt to re-establish support between 2pm and 3pm, and we revisit a high. We break back down into the end of the day, and there is a notable decline to reach a low in the last hour. Right around the close we reach the low and then we have bullish rotation in the post-market. #VIITheChariot #4ofWands #XVITheTower #XVIIITheMoon #6ofSwords #4ofCups #PrincessofWands #3ofCups #XXTheAeon #VITheLovers #4ofDisks #5ofCups #PrinceofDisks #KnightofCups #5ofDisks #6ofCups

  • S&P500 Forecast for Wednesday, May 18th, 2022

    Theme: Revisiting of a past opportunity. Overview: We have an important price level highlighted in the pre-market and there is a notable move that takes place just before the open. This has to do with an agreement between two leaders. In the first half hour we have a push higher through resistance and we do not stay there very long before we break back down to the same level from which we came. We have a low between roughly 10am and 11am and we push higher from that. We effectively go from support to resistance in the following hour. We have a breakdown in the midst of volatility and it goes through multiple supports and creates a trade opportunity. This takes place between noon and 1pm, and then there is sideways fluidity and we revisit that support level. There is an opportunity in the midst of sideways rotation between 1pm and 2pm. There is a U-sahped dip that takes place around some perpendicular diagonal trend lines between 2pm and 3pm. Then at the end of the day we have a big push higher and a significant decision is highlighted. The push higher around the close is a fake out that marks an opportunity or a price level from which we go lower and breakdown. #QueenofDisks #IIITheEmpress #6ofWands #XXTheAeon #2ofSwords #2ofCups #9ofWands #7ofCups #8ofDisks #AceofCups #2ofDisks #IITheUniverse #UnicursalHexigram #XVTheDevil #VITheLovers #2ofWands #XILust

  • S&P500 Forecast for Tuesday, May 17th, 2022

    Theme: A rally that increases with momentum as we move forward in time. Overview: It looks like we want to cash in on a low right around the open. This is also an opportunity to open up some long positions based on the trach opportunity. In the pre-market we have volatility increasing as we move forward. There is a decision between two leaders of nations that is highlighted around the open in addition to an important resistance level. In the first half hour there is a trade opportunity around this price level, and we can open long positions. We move higher from around 10am and we may break back down through resistance. Midday we see a big push to reach a distant resistance level that looks like it is the high for the day. Around noon there is an opportunity to open some short positions and sell those calls that were purchased in the morning. This may happen closer to 1pm. Then we test resistance and it looks like we are going to break through but then we fall. We break down through support and go deeper after 2pm and revisit an old problem In the last hour of trading there is an opportunity to open long positions again so that you are positioned with call and puts to play volatility. #PrinceofWands #IVTheEmperor #PrincessofCups #XIXTheSun #KnightofCups #PrinceofSwords #4ofSwords #3ofCups #XILust #PrincessofWands #5ofCups #IXTheHermit #PrincessofSwords #6ofSwords #VITheLovers #PrincessofDisks #XIITheHangedMan

  • S&P500 Forecast for Monday, May 16th, 2022

    Theme: Sideways fluidity and an equal amount of bulls and bears. Overview: There is a lot of fluidity and bouncing along resistance. On Friday the 13th, we had a reversal. We either gap down or we open at roughly the same level that we closed at on Friday. We either have a sharp dip or gap down right around the open or both in the pre-market and around the open. We breakdown through support to meet a second support that we bounce along before we break down through more. There is bullish rotation around the open that increases in momentum. However, then there is a sharp decline in the first half hour and a male ruler of nations may be highlighted before 11am. We come out of a dip and move higher around 10am to 10:30am. We reach a trade opportunity and a peak or crest near overbought territory. We will sell off from this, and it will take place around 11am to noon. There will be a selling down and a reversal right around noon, and it looks like we have a day’s high right around here. We have multiple failed attempts to break through key resistance. This high here is a trade opportunity, and there is a lot of volatility around it, so I would say cash in on a call. We meet a high or a crest and we have multiple failed attempts to break through that key resistance. Then we have a sharp decline out of the high somewhere between roughly 1pm and 3pm. There is another prominent crest from which we sell off through multiple support levels, this takes place somewhere in the 2pm to 3pm hour. Then we reach support and go sideways along it, and this is a good opportunity. We meet that support through a sudden dip in the midst of a period of sideways rotation. Right around the close we have three failed attempts to break through resistance followed by a sharp decline that has to do with an agreement between two leaders in the post-market. #2ofDisks #KnightofCups #ITheMagus #3ofSwords #7ofCups #AceofCups #IVTheEmperor #9ofCups #8ofSwords #0TheFool #10ofSwords #QueenofDisks #VITheLovers #PrinceofDisks #7ofDisks #8ofCups

  • S&P500 Forecast for Friday, May 13th, 2022

    Theme: Conflict and no congruency. Overview: We definitely have a high at the beginning of the day. A sideways-S formation that takes place between support and resistance. It looks like there is an important support level which will be a trade opportunity for the day. The majority of the behavior here around the first half hour is going to be bumping along resistance. We may break through resistance and bump along another one. We have a decline that increases in momentum between roughly 10am and 11am. There is a trade opportunity there as well. There is sideways fluidity along support between 11am and 12pm, and then we have a big move to the upside all the way to the upper end of a range in the following hour. There is an agreement between two leaders highlighted in the afternoon. This looks like a bullish day. But then, at the very end of the day, we drop like a rock. We have a high in the last two hours, and there is a high and low within close proximity to each other. There is an opportunity within a rally to open up a short position and to protect against a long one. We have a reversal in the last two hours and a sharp drop off of a high in the last hour to reach a low. There is an opportunity around the close to position myself on both sides of the market. #10ofDisks #XVITheTower #PrincessofWands #PrincessofSwords #QueenofCups #7ofWands #PrinceofCups #2ofDisks #XXTheAeon #VITheLovers #XTheFortune #IXTheHermit #6ofSwords #AceofDisks #9ofDisks #2ofWands

  • S&P500 Forecast for Thursday, May 12th, 2022

    Theme: An important resistance level is highlighted Overview: We have a decline in the pre-market with a push to the upside. We meet resistance and then we fall sharply around the open. Two things could happen: either whatever move we had in the pre-market is retraced in the first half hour, or a wave forms with a prominent move higher. Either both will happen or just one of the options. There is a push higher between roughly 10am and 11am. I am advised to be prudent here. There is a high here that is the same as the highs from a prior day. We break out from a low and we momentarily come above an important price level that we have been trying to break through the entire week. There is a peak and then a drop and then a peak. Going back to the 10am and 11am hour, we have that move higher and then the end of a trend in the following hour. It is more like a rotation, so it is a temporary pause that causes this rotation midday and then we move higher yet again. There is a trade opportunity there, and I am advised to be opening up a short position. We are going to push really high there and we should retrace some of that between roughly 1pm and 2pm. After that day’s high there will we a push to revisit that same price level and crest. We have some back and forth erratic behavior along a price level between 2pm and 3pm, and there is a trade opportunity at the end of the day. We were expecting to break out in the last hour but instead we fail and break down. There is a sudden dip within a period of volatility around the close and some profit taking near overbought territory in the post-market. #8ofDisks #AceofSwords #IXTheHermit #IITheUniverse #QueenofSwords #KnightofCups #XIVArt #9ofDisks #4ofWands #AceofWands #9ofWands #6ofCups #5ofCups #9ofCups #XVITheTower #6ofDisks

  • S&P 500 Forecast for Wednesday, May 11th, 2022

    Theme: Opportunity to position myself on both sides of the market. Overview: I’m advised to be prudent around the highs. There are probably false highs or we break out. I think we will try to break out after a high multiple times but we don’t and we go deeper. We have a push higher that is tested on Monday, and we touch that same level or we push through it. We have a big move to the upside in the pre-market, there is a gap up or big push here compared to the day before. There are multiple failed attempts to break key resistance around the open and then it looks like we probably break through it momentarily. Then we have a decline that increases in momentum as we move forward through the 10am to 11am hour. We have another attempt to break through resistance midday and then there is a breakdown through support where we see an opportunity to positions for both sides of the market here. We have a rally from roughly 1pm to 2pm that increases in momentum as we move forward. The day's high is in the following hour, and we have volatility increasing in the last hour. There is a sudden dip around the close and we decline through multiple support levels in the post-market. #PrincessofSwords #QueenofDisks #8ofDisks #10ofSwords #XILust #6ofDisks #PrinceofCups #VTheHierophant #5ofSwords #PrinceofWands #PrincessofWands #QueenofSwords #IIITheEmpress #8ofSwords #6ofSwords #0TheFool

  • S&P 500 Forecast for Tuesday, May 10th, 2022

    Theme: Selling from a high. Overview: We have profit-taking from overbought territory, or nearly overbought, this would be around the top range of RSI. Settling down from that, there is a decline to a support level and then we bounce along that support in the pre-market. The end of that move looks to be right around the open. There is an opportunity to cash n between the open and the first half hour. We have a high and alow correlated to the 10 to 11 oclock hour. We have three failed attempts to break through key resistance, which will be the top of a range. There is a day’s high and we break down sharply after that failed attempt. There is more back and forth volatility as we move forward. Midday there is going to be a prominent decline, a sharp drop to the bottom of a range. This will be the second day’s low. There could be one or two lows in there. There is a trade opportunity in the midst of a sharp decline, which will probably be when I get out of these puts. We have price swings moving into a lower price and then a sharp decline through multiple support levels as we move into the close. There is a revisiting of a crest in the midst of some erratic behavior near the close. A fast, sudden move higher making the end of a decline takes place in the post-market. #9ofCups #PrinceofCups #QueenofSwords #6ofCups #5ofDisks #AceofDisks #3ofSwords #6ofDisks #XVITheTower #10ofWands #2ofWands #10ofSwords #KnightofCups #4ofWands #AceofCups #0TheFool

  • S&P500 Forecast for Friday, April 29th, 2022

    Theme: A sudden move higher marking the end of a decline. Overview: First thing in the morning we have a decline and there is some fluctuation with a downward trend in the pre-market. Then we have a move off of a day’s low first thing in the morning. That move creates the day’s first high and then that will pick up steam and momentum moving into the 11am hour. It looks like there is a trade opportunity right at the open. If I am still holding any puts that I didn’t sell on the 28th, I will be selling them at the open on the 29th. The calls that I purchased on the 28th I will be selling at the close of the 29th. So we have volatility midday and a rally picks up steam in the midst of price swings. We drop suddenly between roughly 11am and noon. Some volatility increases as we move forward towards the 1pm hour. Between roughly 1pm and 2pm we have a notable move to the upside and we push to distant resistance. Our rally commences right in the midst of that volatility around 12:30-12:45pm. There is a big, notable move out of a trough to reach another day’s high at resistance towards the very end of the day. Then we fall sharply from that high at the end of the day, which is where I will be selling the calls that I previously mentioned. #KnightofCups #PrincessofDisks #AceofWands #XVITheTower #7ofDisks #PrinceofWands #8ofWands #XVIIITheMoon #PrinceofSwords #XILust #6ofSwords #4ofSwords #0TheFool #IIITheEmpress #5ofWands #XVIITheStar

  • S&P500 Forecast for Thursday, April 28th, 2022

    Theme: Multiple false bottoms and we drop. We return to where we drop, so it is a bit of a fakeout. Overview: We have an opportunity here, and a decline from the pre-market. We continue downward, and it looks like we reach support in the late morning. We turn around and move higher. There is a trade opportunity in there for sure. It looks like there is a U-shaped dip right around the open and lots of price swings. There is a sideways move in the first half hour and a day’s high between 10am and 11am. Congress is highlighted and there is an agreement around a low that may happen in the first half hour. So we go from a low in the morning to a crest, and then it looks like we drop back down between roughly 11am and noon. This is where I will be getting out of my puts that I have been holding for several days. We have a move higher off of support, roughly between the 1pm and 2pm hour. There is a U-shaped dip in the midst of that rally, and then we have something regarding Congress. Something that was hidden comes to light and there is another day’s high, a crest here between 2pm and 3pm. We have a push higher and there is some sideways fluctuation with the downward trend. In the last hour we have a fast, sudden move higher and there is some profit-taking in overbought territory. This is an opportunity for me to open positions in the morning. Also, between 11am and noon there is a failed attempt to break resistance and a decline that highlights something that will go on in the following day. This is a big day for Congress, both near the highs and the lows. #8ofDisks #IITheUniverse #5ofCups #VTheHierophant #XVIITheStar #AceofCups #QueenofCups #PrinceofDisks #PrincessofCups #9ofDisks #AceofWands #IIITheEmpress #8ofWands #10ofCups #2ofWands #VITheLovers #5ofSwords

  • S&P500 Forecast for Wednesday, April 27th, 2022

    Theme: We revisit an important support level that was an opportunity. It doesn’t look like we have that there because it is nullified. Overview: We have a rally that picks up momentum in the pre-market moving into the open. The rally continues and there is a failed attempt to break resistance and a trough right around the open. Then we move higher in the first half hour and there is a trough between 10am and 11am. There is also a notable move higher in that time period as well. There is a male ruler highlighted around what looks like a trade opportunity. This is likely a high for the day thus far, and we decline from that. I will purchase some calls around the end of the day on the 26th, and I will be looking to sell those right here where we have a decline commencing around noon at an important resistance level. There is volatility and a fast, sudden move higher within that period of volatility. That doesn’t hold and we drop and decline through that support to meet a second support and bounce along that until we break down through multiple support levels. As we move into the end of the day there is a notable push higher and a prominent crest somewhere in the post-market. #QueenofDisks #QueenofWands #10ofSwords #XIXTheSun #PrinceofWands #10ofDisks #XVIITheStar #IVTheEmperor #6ofSwords #KnightofSwords #XIIIDeath #5ofCups #VITheLovers #5ofSwords #PrinceofSwords #VTheHierophant

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