top of page

S&P 500 Daily Forecast for Thursday, May 7, 2020

Updated: Jul 25, 2022

Day's Theme - Profit taking. Money leaving investments and being reinvested in non-stock investments. Reversal in the pre-market. Opportunity before mid-day. Significant price movement in one direction around noon time. Price action slows or stalls at support / resistance around 2pm est. followed by a cross through AND/OR an reversal at support / resistance between 3pm est. and the post market. A big move in the post market to far support / resistance.

1-Day High - will form between the pre-market and 12:30pm est.

1-Day Low - will form between 3pm est. and the post-market.

Planned Trades: Hold. TBD>






#MoonOppositionSun @6:45am est.

#MoonTrineNeptune @11:40am est.

#MoonQuincuxVenus @1:04pm est.

#MoonSextilePluto @7:03pm est.

#MoonSquareMars @9:33pm est.

#MoonSextileJupiter @10:39pm est.

#MoonVoidOfCourse @10:39pm est.



Comments


bottom of page