ES Daily 11/6

Big move today, will it hold after the election is the question. We’ve broken back above prior 2week balance and now within the limbo area. Today, ES closed a few points below the gap fill halfback 5826. Buyers will want to keep price above 5800 and no lower than 5780’s if possible to prevent another failed breakout of balance. Eyes on low 5780’s and mid 5770’s area for potential new longs.

A 50% extension of today’s RTH range lands at the gap fill 5845.50

Last week VAL 5781.75 and this week developing VAH is 5785.75
ATH Vwap: 5839.75
Swing Low Vwap: 5774
Small Spike up end of day: Base 5811, top: 5813.25
Gap: 5845.5
Value Gap: 5860.75
Daily Expected 11/6: 85pts – 5737 / 5907