Market Plan for November 13th, 2023

Start of the Santa rally?

Good evening folks,

Hope you enjoyed the weekend. The High-Roller Room begins its second week. Last week’s action - especially Thursday and Friday - was a shock to many on both sides. Bulls were wiped out in Thursday’s action, and bears were wiped out on Friday. We ended Friday with an extremely strong short squeeze, rallying nearly 80 points.

Friday’s candle left us with some odd market structure. Let’s dive deeper and see what direction it points us in: