Market Plan for October 16th, 2023

The bulls are at it again...

Good evening folks,

Hope you all enjoyed the weekend. Friday’s action worked beautifully with our levels. First, we rallied from 4340 to 4375. Then, we dropped from 4375 back down to 4340, and down to 4313. We were able to capture the move on both sides. Here’s Thursday’s projection vs Friday’s result:

After my target was hit, I flipped bearish, targeting 4340. Once that target was hit, I reloaded short and exited at the end of the day, around 4323.

We’ve gapped up tonight, will this gap be filled tomorrow? Here’s my plan: