Market Update for Thursday, November 9th, 2023

Good evening, traders.

Well the S&P 500 has gifted us with a nice, fat bearish engulfing candle that encompasses the last 3 days of trading. It did this after breaking down from a rising wedge that was nosing its way deep inside the gap we opened from September.


It opened just a few cents under the October 17th high, returning to the scene of the crime, if you will, and having the same crime committed to it again.

Even more notably,

This section has been reserved for members. Visit the Join page to learn more about becoming a member.

So, we’ll see if the bears can keep us going in this direction or not. I hope everyone has a fine evening.

Parts of this article may be reserved for members. You may learn more about becoming a member on the Join page. There is also public and private content on my Discord server. The invite link is here.

Leave a Reply

Your email address will not be published. Required fields are marked *