Market Plan for October 10th, 2023

The squeeze continues...

Good evening folks,

It was a great session. We’ll review it below. First, a major announcement:

I am starting a live trading group, The High-Roller Room.

This is a private room for serious traders with a drive to conquer the market. We’ll use my highly profitable supply/demand method to achieve this. In the room:

Live trading: entries, stops, and targets executed in real-time. All will be recorded and tracked.

Laser-accurate analysis: explaining why I took trades, as well as the evolving context of the market.

Mindset shift: adopt the correct trading mindset for maximum profits.

Community: surround yourself with focused traders. Avoid all the outside noise that confuses and ruins most traders.

We will be trading $SPX $ES $SPY (more may come in the future)

Launching November 3rd, 2023.

Stay tuned for more updates if you’re interested.

We gapped down on Sunday night to 4270. I outlined this as a key level for all of last week. I also went long here yesterday evening, catching a near-perfect bottom and riding it to 4311 (first target) and 4340 (second target). Here’s what I said yesterday:

A reclaim of 4300 and a move higher would be ideal. Bulls simply need to base above 4270, and they can then prepare a move to 4340+. We don't want to stay under 4270 for too long if we dip.

Here was my projection from yesterday:

Here’s what happened:

Bulls seemed to have recovered a lot of lost ground in the past two days. Will this hold, or is this a great short setup? Here’s my plan: