SP500 Futures Gameplan October 3rd Sell Off Oct 6th Rally

October 2nd Major Rally

October 3rd Major Sell Off

October 6th Major Rally


These three days can entirely make your month's returns of over 40 points each day.

120 points easily attainable

I will come back to this post and hit replay to see how accurate I am getting at market structure. This is what I see happening.

Like and comment below. I would love to hear your thoughts. Thank you.

Komen:

Monday at around 9am, half and hour before the market open, I will be on the lookout for a buy low at around the 4325 area in line with the massive bull candle formed on Friday as support for the 70 point rally. Yes. 70 points is what I think is attainable. I will be using a 12 point stop or so below that pivot low.

Price will form a lower high in the London session to trick shorts into going short only for the market to trap them and shift it up 70 points.

Komen:

Tuesday will be, in my analysis a 2% sell off day of at least 75-100 point sell off. I am expecting Monday to be the pump up day, slightly break above the up channel and close back inside for an all day dump down to at least that bull candle and possibly the bottom of the channel. I think that may be pushing it because that is 3% down. I don't think the market will go that far, but I never know because anything is possible.

Komen:

October 6th, Friday. Non Farm Payroll day. I believe will be an explosive rally day of at least 75 points as well. The 4th and 5th is dead days to me and I will avoid them. The remaining 3 days of the next week are loaded with gold.

Of course this is all my own opinions and I can be totally wrong and I am ok with being wrong.