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S&P 500 Predictions for November 15, 2023 (Early Access Public)

Updated: Oct 24, 2023

  • Day’s Theme: A prominent move higher and a full retracement back down.

  • Behavior Around the High: A failed attempt to break through key resistance on a multi-day scale followed by a decline through key support. That decline also offers an opportunity to open a long position.

  • Behavior Around the Low: Not specified.

  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a short position on the 14th to close today (the 15th).


We’ll open lower and then have a notable rally higher that takes us from the pre-market into the open. At the open, we create a crest and then sell down to and through support. We’ll do a U-shaped reversal below support and then come back up to reuse it as support. Between 10:00 and 11:00 there’s sideways rotation followed by a rise to meet the nearest resistance and then a drop back down to continue rotating along support. Between 11:00 and noon, we’ll revisit an opportunity (likely at a trough) in the midst of erratic behavior back and forth through the same price level. There’s a lot of volatility and a notable decline midday. Out of that, there’s a notable move higher from the bottom of a range to the top of a range between roughly 1:00 and 2:00. We’ll then have a failed attempt to break through key resistance and then decline through key support between 2:00 and 3:00. That will take us back to another lowest low. There’s a prominent move higher in the last hour followed by a retracement back down shortly thereafter. Around the close, there’s a sharp dip that stands out in the midst of sideways rotation. In the post-market we’ll bump along resistance.

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