Market Plan for September 8th, 2023

Can bulls end the week green?

Good evening folks,

We had a great day today, with clean two-sided action and also some ranging. We opened near 4450, then quickly dropped to 4430. This was in the pre-market. This followed my plan from yesterday, where I said we’d drop to this level if we broke under 4455:

If we break below 4455, we will be targeting 4441, followed by 4433.

Here’s yesterday’s projection:

Today’s results:

Once the market opened, we quickly bounced from this level, back to 4455. I also called this beforehand.

Was 4430 the bottom for this week? Will bulls push this even higher? Let’s make tomorrow’s plan to find out: