ES/SPX levels and targets Nov 6th

6 בנוב׳

As outlined for the past two days, ES put in a textbook failed breakdown on Monday of last Thursdays lows, triggering a long at 5734 that delivered over 216 points during the election. Like i mentioned often, 95% of rallies start from failed breakdowns. This was no different.

As of now: 5919-22 is key support. Flagging above this keeps 5955 and 5973 in play. Dips are only in focus below 5919.