Trading plan for Nov. 6, 2015

ESZ5 Daily chart

ESZ5 Daily chart

ES had a minor pullback into the 2084 support line for testing yesterday. But it still successfully holds above the support line for the close.

It mainly went sideways to solve its short-term extreme overbought condition. The ES is also waiting for today’s NFP report. The Non-farm payroll report – together with today’s closing price – will determine the next direction for the ES, .

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