Market Plan for January 31st, 2024

Was that the top?

Good evening folks,

It was a choppy but significant day in the S&P as we ranged most of the day before dropping over 20 points. We made a high of 4932 and closed at 4914, but we’ve kept dropping to 4908, last week’s high.

In the High-Roller Room, we took longs twice around 4920 and targeted the highs near 4930. Here’s how it went:

Tomorrow will be the biggest day of the week with FOMC. Everyone’s eyes are peeled. How will this go? Here’s my plan: