November 11

Discord access link: https://discord.gg/UPbu6PZFDp

The post election rally continues; we continue to see acceptance above the 6000 psychological level. As short term traders, the only thing we can do is monitor for continuation.

• Going into Monday’s session, I’m going to be monitoring the 6028 Balance Zone level since we have Friday’s Point of Control at 6025.25 and Value Area High at 6032.75. If buyers can show up within this area and can accelerate through Value Area High I will be looking for a move towards the Balance Zone’s halfback at 6057.

• If sellers can end Daily One Time Framing Lower and we see a liquidation below the 5998 Balance Zone level I will be looking for the gap fill at 5967.

Bullish Scenarios:

• Longs above 6028 targeting 6057.

Bearish Scenarios:

• Shorts below 6017 targeting 5998.

• Shorts below 5998 targeting 5967.

Nasdaq:

• Longs above 21,243.00 targeting 21,365.00.

• Shorts below 21,200.00 targeting 20,930.00.