11/20/2015

11/19: "Low volume pause under SPY Q4R1 (red crosses). This looks a lot less threatening than the higher volume, clear rejections of 11/9 and 11/11. Bulls still have the ball. Also on the ES, the level may be starting to act as support. We'll see what happens." 

Result for 11/20 is the level acting as support clearly on ES, and somewhat on SPY as well. Very bullish to hold Q4R1s (red crosses) as support, because next target up is 2HR1 (red dots) at 213.80.