Market Plan for November 3rd, 2023

Bull heaven

Reminder: The High Roller Room opens tomorrow evening. Free subscribers will receive 25% off for the first month, and paid subscribers will receive 50% off for the first month. I will be sending out the promo codes tomorrow after the market closes. If you’re interested in joining with a discount, you must become a free or paid subscriber before Friday evening.

Good evening folks,

Today was a day that blindsided both bears AND bulls as we rallied over 80 points in a tremendous short squeeze. There was very little resistance or pullbacks, we simply kept pushing upward the entire day. These types of “slow grind” days happen regularly, although not often.

They aren’t the best trading environment for anyone. On these days, just try to limit your risk, don’t keep entering short at every uptick. Cap your losses.

Tomorrow is Friday, the end of the week. Do we see a final push higher or a strong pullback? Here’s my plan: