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Google Predictions for October 2023 (Early Access Public)

Updated: Oct 6, 2023



  • Month’s Theme: Sideways behavior and a prominent trough and peak.


  • Behavior Around the High: A prominent move higher standing out on a one-month scale followed by sideways rotation.


  • Behavior Around the Low: A notable move higher on a multi-day scale followed by a full retracement back down.



Overview


On the 2nd, there’s a big move to the upside pushing the upper end of a range higher. On the 3rd, we’ll have a decline through multiple support levels, pause for a bit, and then decline some more. On the 4th, there’s a sideways-S formation within a channel. On the 5th, we may have a lowest low and we’re bound by a range on a multi-day scale. There’s a rally increasing with momentum as we move forward in time and there’s a peak at the end of the day on the 6th.


On the 9th, we’ll likely revisit a low from the 4th/5th. There’s also a move into a peak or crest at the end of the day. On the 10th, we’ll break out through a range we were previously bound by. On the 11th, we’ll have multiple failed attempts to break through key resistance. On the 12th, there’s a lot of price change covered and a lot of volatility with 4 crests/peaks and 3 troughs. On the 13th, there’s a pop and drop.


On the 16th, there’s an important resistance level highlighted and a trough toward the end of the day. On the 17th, there’s a rally along a diagonal trend line that ends with a fast, sudden move higher and then a breakdown with increasing volatility on the way down. On the 18th, there’s a prominent move early in the day into a crest or peak. On the 19th, there’s erratic behavior back and forth through the same price level in the midst of which we’ll revisit a crest that was recently a passed opportunity. We’ll have a sharp drop into the 20th.


Out of that decline, we should see a sideways-fluctuating rally into the 24th. On the 25th, there’s a gap down and a big move higher out of oversold territory. On the 26th, there’s a move to the upside. There’s a gap down to and through support on the 27th. We’ll have a U-shaped dip to come back up and reuse that support level as support.


On the cusp of the 30th/31st, there’s a prominent peak or crest and a lot of sideways rotation on the 31st.



Sneak Preview


A big move higher in November.







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