November 3, 2023 SPX, SPY, ES Trade Plan
Market Recap
An incredibly fast moving day in the market as our trade plan nailed it once again including calling the lows in the overnight futures action on ES.
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Price opened at 4268 right in the middle of a trade idea where we were bullish until 4275 above 4250 - a key level from yesterday. From there we said if we break 4275 target 4290 and above it 4300. That’s basically 3 trade ideas given and we also gave a target of 4310 in our chat room.
All in all another great day for us especially those abiding by the trade plan. Let’s get into the trade plan.
11/3 SPX/SPY/ES Intraday Overview (TL;DR)
We have pre-market jobs data coming out and then at 10am est we have ISM Services PMI.
The bulls line in the sand starts with defending 4300 and holding it will target
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