top of page

S&P 500 Predictions for November 9, 2023 (Early Access Public)

Updated: Oct 23, 2023



  • Day’s Theme: Three pokes through the same price level followed by a sharp decline after the third poke.


  • Behavior Around the High: A notable move into the high.


  • Behavior Around the Low: A rally into key resistance and a drop with lower spikes up on the way down into the low.


  • Exclusive Trade Opportunities for Subscribers:

    • I’m advised to trade around a period of sideways rotation that ends with a fast, sudden move higher.



Overview


In the pre-market, there’s a resistance level that’s highlighted. Around the open, there’s a significant move to the downside that will take us to a key support level and a trough. There’s some erratic behavior back and forth through the same price level. We’ll have the establishment of support with some sideways rotation between roughly 10:00 and 11:00. That’s followed by a big move higher between 11:00 and noon taking us to a high. There’s some sideways fluidity between noon and 1:00. A rally into a peak or high starts around 1:00. We’ll have some mixed behavior between 2:00 and 3:00. From there, we’ll have a sharp decline into a low. There’s another move to the upside around the close and a decline into the post-market.



Sneak Preview


We’ll open lower the following day.






25 views0 comments
bottom of page