Market Plan for November 22nd, 2023

Pre-thanksgiving trading

Good evening folks,

After a huge upward move yesterday, the market spent most of today digesting it and consolidating. We opened with a brief drop, then rallied back to where we opened and spent the whole day chopping around. The entire day’s range was around 20 points, not leaving a lot of room for trade opportunities.

We took a small trade in the morning, profiting 10 points from it:

Get access to the room here: https://whop.com/the-high-roller-room/

The market is building up to make a large, one-directional move. Do we make new highs, or start the much-needed descent? Here’s my plan: