Weekly Market Outlook - S&P 500 (ES)-Nov 11-15 (opex week) . $SPX $ES https://t.co/rjUybdkVLM
$ES Daily Plan | November 11 As outlined in the Weekly Plan, the market formed a triple distribution profile following two consecutive upside gaps on Wednesday and Thursday, both of which remain unfilled. Friday saw a continuation higher, printing a new ATH at 6040.50; however,… https://t.co/JvwSssIm28
Big Picture #ES_F: On Oct 9, we broke out a 2 week bull flag. Monday, we back-tested at 5725 & went parabolic. The target is now 6135: 1 year channel resistance Next Week: Cool-off likely. 5983, 5950=supports. They hold, we run to 6125 magnet. 5950 fails, we sell to 5880 minimum https://t.co/Qrmyg05Fc5




The S&P 500 Index ($SPX) has reached a year-end price target of 6,000, as noted by several market analysts. The upward trend has been characterized by a recent breakout from a two-week bull flag pattern, with a new all-time high (ATH) recorded at 6,040.50. Analysts expect a potential pullback to support levels at 5,983 and 5,950, with further declines possible if these levels fail to hold. The market structure remains bullish, and there is speculation about the implications of upcoming market activity, particularly in light of recent trading patterns that have established a triple distribution profile following consecutive upside gaps earlier in the week. The focus for the upcoming week, November 11-15, will be on these support levels and the overall market dynamics.