S&P 500 Forecast for Monday, August 3, 2020 in Review

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66% Accuracy. (4 correct statements out of 6 statements.) Basically my timing was off but the sequence of events was accurate.

Day's Theme - The Senate is highlighted in the premarket. Gap down OR decline at the open. Sideways movement in the early morning session AND/OR a retracement of the earlier rally back to the low. An opportunity at the midday low around 11am to 1pm est.

1-Day High - Around the first 30 minutes of trading AND/OR around the last hour of trading.

1-Day Low - Around 12pm - 1pm est. AND/OR around the close. The low will form after a breakdown through multiple support levels (my guess is this happens through a premarket gap.)

Planned Trades - Opportunity window around 11am -1pm. I will likely close some near expiration puts in the window but that could change.

#SunInLeo

#MoonInAquarius #2ndQuarterMoon #2ndQuarterMoonInAquarius #FullMoon #FullMoonInAquarius

#MercuryInCancer #MercuryDirect #MercuryDirectInCancer

#VenusInGemini #VenusDirectInGemini #VenusDirect

#MarsInAries #MarsDirect #MarsDirectInAries

#JupiterInCapricorn #JupiterRetrograde #JupiterRetrogradeInCapricorn

#SaturnInCapricorn #SaturnRetrograde #SaturnRetrogradeInCapricorn

#UranusInTaurus #UranusDirect #UranusDirectInTaurus

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#PlutoInCapricorn #PlutoRetrograde #PlutoRetrogradeInCapricorn

#ChironDirect #ChironInAries

#MoonAquariusSextileChironAries @7:14am est.

#MoonAquariusSquareUranusTaurus @9:52am est.

#MoonAquariusOppositionSunLeo @11:59am est.

#MercuryCancerOppositionSaturnCapricorn @5:00pm est.

#GapUp

#OpenUp

#CloseEven

#Accuracy66

#DailySpread #DayTrade #1DayChart

#August

#Monday

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#ThemeOfDayCardAceOfWands

#HighCard2ofCups

#LowCard10ofSwords

#FollowingDayCard3ofCups

#TradeCardKnightOfCups

#OpenCard3ofSwords

#CloseCardUnicursalHexigram

#AceOfWands

#VtheHierophant

#XIIIDeath

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#PrincessOfDisks

#9ofCups

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#5ofDisks

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#UnicursalHexigram

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#Abundance