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S&P 500 Daily Forecast for Tuesday, June 2, 2020

Updated: Aug 8, 2022

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100% Accuracy (10 correct statement out of 10 statements)


Day's Theme - Reversals. A gap down at the open. A rally off of the pre-market low does not last long. An opportunity around the open. A power struggle may be highlighted. At least 2 peaks and 2 troughs take place today. 1st reversal takes place between the Open and 10am. The first peak forms between 10am-11:15am est. Between 10:45am and 12pm there is a dip that could rally back to where it started in the same hour. Er on the side of caution when making any trades during the second trough around 12pm-1pm est. Wild swings between 12pm -2pm est. Second peak forms between 1pm -2pm. A mis-direction and another notable reversal will take place between 2pm -3pm est. There will be a strong move from 3pm - into the close. Closes up, but not by much.

1-Day High - will form between 10am - 11am est. AND the high between 1pm -2pm est. will both top out at roughly the same level.

1-Day Low - will form in the pre-market AND/OR between 12pm -1pm est. The lows will be deep. The lows will be related to a power struggle AND/OR a reversal of a financial policy of some kind

Planned Trades -

Good day for new positions. Trade windows between 1pm -2pm est. AND from 10am -11am est. Sell the highs. TBD:



#MoonEntersScorpio @12:06pm est.




#OpenCardKnightOfCups =rally off of gap down.

#not by much.

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