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S&P 500 Predictions for October 3, 2023 (Early Access)

Updated: Sep 16, 2023

  • Day’s Theme: Establishment of support followed by a big move standing out on at least a one-day chart.

  • Behavior Around the High: Price swings around the high, however it’s somehow nullified.

  • Behavior Around the Low: Not specified.

  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a long position in the morning and close it between 1:00 and 2:00 after a move higher.


On the 3rd, there’s a period of volatility and a decline into the open creating the first low for the day. We’ll then have a move higher that marks the end of that period of volatility. That move higher takes us to a high for the day. There’s a quick low and high within close proximity to each other at the beginning of the day. Off of that high, we’ll decline pretty notably into a trough around 10:00. There’s a fast, sudden move higher ending that decline around 10:15.

We’ll then decline after that move higher, taking us to a support level that we met once before. There’s a rally around 11:30 taking us into an overbought peak or crest midday. We’ll sell off from that pretty notably. There’s a breakout off of key support around 2:00, however I’m advised not to chase that rally. Around the close, we may decline significantly, however it’s also possible we’ll end to the upside.

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