On November 5, the E-mini S&P 500 futures (ES_F) experienced a lackluster trading session, closing within the spike area identified on Thursday. The session followed a dip below last week's lower distribution but failed to gain significant momentum. As traders prepared for the U.S. Presidential Election on November 6 and the Federal Open Market Committee (FOMC) meeting later that week, the market showed signs of indecision. However, on November 6, buyers managed to reverse the downward trend, triggering a short-covering rally that cleared all intraday targets. The market has since formed a four-day balance, indicating short-term interest, with resistance noted at the upper clusters of 5900. Analysts observed a bullish imbalance being repaired, and momentum appeared to be breaking above the one-day maximum.