top of page

S&P 500 Predictions for October 25, 2023 (Early Access)

Updated: Sep 26, 2023



  • Day’s Theme: A notable decline that offers an opportunity to open a long position.


  • Behavior Around the High: A decline through multiple support levels off of the high.


  • Behavior Around the Low: A failed attempt to break through key resistance and a decline through key support into the low.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a short position around 10:00.

    • Another opportunity to open a short position at a peak not long after the first opportunity.



Overview


On October 25th, there’s a pop and drop in the pre-market. There’s a peak or crest somewhere around the open that offers an opportunity to open a short position and a decline that creates a trough in the morning around 10:00 to noon. We may have another peak that offers an opportunity to open a short position. We’ll then have a big move to the upside to meet resistance between 1:00 and 2:00. That rally ends with a fast, sudden move higher and then a breakdown through a diagonal trend line around 3:00. That decline increases with volatility and takes us to another low for the day. There’s also a crest that stands out at the end of the day in the midst of multiple failed attempts to break through key resistance.



Sneak Preview


We’ll attempt to establish resistance near the low.







18 views0 comments
bottom of page