Market Plan for November 30th, 2023
The momentum shift.
Good evening folks,
Structure-wise, today was an important day, as we made a new high and promptly dropped 50 points - the biggest bear move in a while. We did not yet break 4600, reaching a high of 4589 and a low of 4549. In The High-Roller Room, we took numerous trades, mostly small ones with tight stops. Direction was mostly unpredictable today, with volatile, choppy moves on both sides.
Get access to the room here: https://whop.com/the-high-roller-room/
Has momentum finally shifted in favor of the bears? Do bulls have another leg higher up their sleeve? Here's what I think: