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META Predictions for November 2023 (Paid Version/Best Trades)

Updated: Nov 2, 2023



  • Month’s Theme: A move higher through resistance on a multi-day scale and then a full retracement back down to where the move higher started. That’s crossed with an opportunity to open a long position or close a short position.


  • Behavior Around the High: A breakout. The highest high is either on the 16th or the 17th.


  • Behavior Around the Low: A pop and drop. The lowest low is likely on the 2nd but also might be in the last few days of the month.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a long position on the 1st. You could close that at the end of the day on the 3rd or on the 6th.

    • An opportunity to open a short position on the 6th for a day trade.

    • An opportunity to open 50% of a long position on the 10th. You could open up the other 50% on the 13th/14th. You could close that after a gap up on the 16th/17th. That also offers an opportunity to open a short position.

    • An opportunity to open a short position for a day trade on the 22nd to close after a decline toward the end of the day.



Overview


On the 1st, there’s an opportunity to open a long position. On the 2nd, there’s a move higher in the morning where we’ll successfully turn resistance into new support. We’ll have a prominent move higher and a full retracement of that on the 3rd. If we end up at a peak or crest at the end of the day then the retracement will happen on the 6th. There are trade opportunities here specified above.


On the 7th, there’s some sideways rotation and two prominent troughs, one in the morning and one midday. We’ll rise to meet the nearest resistance and then fall back down to continue rotating sideways along support as we move through the day. We’ll then have a big move higher on the 8th followed by more sideways rotation along a resistance level. On the 9th, there’s a notable decline taking us back into a significant trough for the month on the 10th.


There’s a sideways fluctuating decline on the 10th that precedes a rally. On the 13th, there’s either a notable rally in the morning or a gap up. There’s a key resistance on a multi-day scale that’s highlighted that we’ve failed to break through before. On the 14th, there’s a prominent peak on a multi-day chart that we’ll have a sharp decline off of into a trough. There’s a big move to the upside out of oversold territory on the 15th. On the 16th, there’s a rally into key resistance followed by a decline with consecutively lower spikes up on the way down. We may continue rallying into the 17th, however, and if that’s the case the decline will be on the 17th.


On the 20th, there’s a significant trade opportunity. On the 21st, there’s a decline through multiple support levels. On the 22nd, there’s a key resistance highlighted at a peak or crest early in the day and we’ll decline toward the end of the day. The peak or crest on the 22nd offers an opportunity to open a short position for a day trade to close after a decline at the end of the day. You could also potentially close that on the 29th. The market is closed on the 23rd.


On the 27th, there’s an opportunity to open a short position on the 27th. We’ll decline off of a day’s high through multiple support levels into key support on a multi-day scale on the 28th. We’ll rotate sideways into a prominent trough early on the 29th. On the 30th, there’s a lot of ground covered, likely to the upside.







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