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S&P 500 Forecast for Wednesday, September 23, 2020

Updated: Aug 1, 2022

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% ( correct statements out of statements.)


Day's Theme - Rotation AND/OR completion of a trend. President Trump highlighted in the premarket AND/OR overnight. Between the premarket and approximately 10:15am est. there is a very brief high followed by a significant sell off (relative to a 1-day chart.) Between approximately 10am and 12pm est. there is some rebound AND/OR a full retracement back to the same high as earlier. This peak provides a trade opportunity (likely for bearish expectations.) Negative news regarding a female leader may be highlighted during the decline. A rally out of a low forms between roughly 1pm and 2pm est. Another notable decline moving into the last hour. In the last hour there is some upward movement bouncing along a trendline until meeting a resistance level. An update/response from a female leader in regard to a secret or scandal of some kind is highlighted in the last hour. Ends lower but off the lows. Another trade opportunity in the postmarket.

1-Day High - In the premarket AND/OR between 11am and 12pm est. The high will be brief. I am advised to seize the opportunity presented between approximately 11am and 12pm est.

1-Day Low - Forms between roughly 1pm and 2pm est. AND/OR in the postmarket. A male economic authority is highlighted at the lows.

Planned Trades - I've been advised to open bearish positions AND/OR protect long equity positions between 11am - 12pm est.

***********DAY TRADE OPPORTUNITY.

I may open bearish positions around between 11am and 12pm est. in which case I may close them between approximately 1pm -2pm est. AND/OR in the postmarket




#AstroOpportunityWindow Begins9/23/20@12:20am est. Finishes9/23/20@1:31pm est.




 

JNJ
"U.S. IHS markit services PMI"
ZM, AXXP, CVX, DIS
Wisconsin struggling with covid as U.S. surpasses 200,000 deaths.
6 week low reached by gold. NKE
NKE, ADDYY, PUMSY, TSLA Tesla creates a lawsuit against U.S. regarding China tariffs.
JPM, NKE JPMorgan transferred $230 billion to DE. Nike shares increase with increase in online sales of 82%.
"SXXP" NKE

Newly placed rerstrictions on the U.K. might go on for 6 month. TSLA
TSLA
TSLA


NKE, TSLA, JNJ
TSLA

"S5INFT"


EU plans to use green bonds to fund approx. 1/3 of stimulus plan. CRM

"MARKIT PMI US MFG SA"
"SPX Index" JNJ
"VIX Index"
"NQH2O" "Nasdaq Composite"
Tesla widens to gap for competitors their proven cost cutting. TSLA
"CoreLogic U.S. home price index forecast from July 2020 to July 2021" TSLA
"USDCNY BGN Curncy" Theater stocks decline with delays from Disney. DIS
"CCMP"
"AAPL US Equity" All sectors of S&P in a lower state. JNJ
Phase 3 of trial testing to begin for Johnson and Johnson's vaccine. JNJ
TSLA

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