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- 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
- S&P500 Forecast for Monday, June 27th, 2022
Theme: Decline through an important support level off of a high with consecutively lower spikes to reach resistance at moving averages on the way down. Overview: In the pre-market we have a U-shaped dip near intersecting perpendicular diagonal trend lines. There is an important price level highlighted right around the open, and then a crest is revisited. We go from a trough around the open or in the pre-market to a crest in the midst of some back and forth behavior across a price level in the first half hour. I’m advised to be prudent, possibly because of multiple false tops or some sort of trickery between 10am and 11am. There is a trade opportunity right at 11am, and it looks like it is at a high. Then we have a notable drop around midday with a push back to another crest or high here between 1pm and 2pm. There is a bit of a breakout there and an opportunity to position oneself in both directions here. There will be a significant moment toward the end of the day, a piece of news comes out around 2pm or 3pm and there is a bit of a rally. There is another crest or bumping along resistance with price swings right around the close, and there is another trough around the close. #5ofSwords #10ofCups #5ofWands #VITheLovers #2ofWands #IITheUniverse #6ofCups #8ofDisks #XVIITheStar #XXTheAeon #6ofWands #PrincessofSwords #7ofWands #6ofSwords #4ofSwords #PrincessofDisks #QueenofCups
- S&P500 Forecast for Friday, June 24th, 2022
Theme: Three crisscrosses through the same price level with a notable decline that increases in momentum as we move forward. A prominent crest. Overview: A resistance level is highlighted in the pre-market. In the first half hour, we have a notable move to the upside. We have the first cross through the price level between 10am and 11am, and then there is a little trough here. It looks like we have a day’s low around the open and then we move out of that and cross through a price level. There is a trade opportunity there and we break through resistance, but only momentarily. There is volatility associated with a piece of news that comes out when we are near the high. We come down and cross again through the price level and there is an opportunity to cash in and position oneself on both sides of the market. There is a lot of movement going on at the end of the day. It looks like we have a sharp decline and a notable rally. There are price swings and the third cross through that price level is around the close, with selling from overbought territory in the post-market. #3ofWands #6ofWands #5ofWands #2ofWands #2ofSwords #8ofWands #AceofDisks #10ofWands #PrincessofSwords #PrincessofDisks #XXITheUniverse #5ofDisks #10ofCups #VIIIAdjustment #QueenofWands #XVITheTower
- S&P500 Forecast for Thursday, June 23rd, 2022
Theme: Important trough or prominent decline into a trough. Sideways fluctuation with a bullish trend. Overview: We have a move higher in the pre-market. I think there is a gap down from being oversold. We move higher and there is a low correlator and trough early in the morning. It looks like an opportunity to open up long positions. There is a move higher out of the open to meet resistance and then we fall with consecutively lower spikes up to meet moving averages on the way down here. We meet important support between roughly 10am and 11am. Then we have a rally that takes off and there is a sudden move higher before noon. There is a fast, sudden move higher to meet a high around 1pm, and then we fall from support to meet a second support. We move sideways around the 2pm hour and then we fall further to support. This is an important support and then there is another move higher that marks the end of a period of rotation. We fall and break down through diagonal trend with increasing volatility on the way down as we move into the close. Around the close, there is another move higher that marks of a period of decline. We revisit an important, past opportunity in the post-market. #XIIIDeath #2ofWands #10ofDisks #KnightofCups #VIIIAdjustment #5ofWands #AceofDisks #8ofWands #5ofDisks #7ofDisks #KnightofDisks #KnightofWands #QueenofDisks #PrincessofCups #5ofCups #8ofCups











