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S&P 500 Predictions for November 20, 2023 (Early Access Public)

Updated: Oct 26, 2023

  • Day’s Theme: A notable decline off of a peak.

  • Behavior Around the High: A breakout on a one-day scale.

  • Behavior Around the Low: A period of sideways rotation that ends with a fast, sudden move higher.

  • Exclusive Trade Opportunities for Subscribers:

    • I’m advised to trade around a U-shaped dip that forms around the intersection of two perpendicular diagonal trend lines.

    • An opportunity to open a short position at a peak around 1:00.

    • A decline in the last hour of trading offers an opportunity to open a long position or close a short position.


In the pre-market there’s some unexpected behavior. We’ll go from a low to a high, likely in the first half hour. We’ll move lower to hit support and break down through it momentarily before coming back up with sideways rotation along that support. There’s some sort of tricky behavior between 11:00 and noon. There’s a sharp drop within mixed behavior around noon. There’s a rally into a peak around 1:00, however I’m advised not to chase it and rather open a short position. That’s followed by a drop that takes us into a notable low between 2:00 and 3:00. There’s a big move to reach for distant resistance that will take us to a high for the day. From that high, we’ll have a decline into the last hour of trading. That decline offers an opportunity to open a long position or close a short position.

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