Daily Plan 11.16.23

Markets Close Slightly Higher - What's Next?

Welcome back everyone!

Today's trading session was once again outstanding, marked by a robust rally in both the E-mini and Nasdaq, which impressively hit my long target almost twice. This occurred prior to my sending out an update, where I had anticipated a price retracement, revealing some downside potential. This expectation materialized and persisted through the close, with both CSCO and PANW reaching my targets for their earnings releases. Additionally, TJX met the earnings release target at the session's start, while TGT, contrary to my expectations, experienced a strong rally.

Beyond the indices, commodities performed in line with my predictions. Oil notably collapsed down to my short target, and Gold also declined, stopping just above my short target.

In the realm of stocks, there were significant movements aligned with my intraday levels posted the previous night. These included strong performances in the swing ideas shared within the Flow State series.

Overall, today was yet another exceptional session, and I am eagerly anticipating tomorrow's session, as the volume profile levels are looking remarkably promising.

Now, let's proceed to the remainder of the plan and delve into my thoughts for tomorrow's trading opportunities!