Monday, November 3, 2025

ES Morning Update November 3rd 2025

The market didn't give me the last rally up on Friday that I was hoping for, so I didn't take any short position. If it would have at least made a slightly lower high fake out squeeze up I would have shorted but it stayed in the nice and clean downtrend triangle pattern, holding the horizontal support and NOT breaking out through the falling trendline that makes the triangle.

I would love to see a move to 7000+ with a high or close at some ritual combination of "7's" get hit on the ES or SPX. In my opinion Tuesday is the last day for this to happen as "if" (and that's a BIG "if" as no one but insiders really knows) the events talked about on Fridays post is going to happen the high must be put in by the close tomorrow as Wednesday is the 5th and when it's all supposed too go down.

I'm still leery of this happening as it will shock the world... plus I'm not seeing any large "put buying" in the market yet, and usually there will be some insiders that know ahead of time about what's coming and they position for it. Maybe this time it's kept more of a secret and/or I just can't see all the "puts" bought due to them happening afterhours or something? Anyway, I'm patiently waiting to see if we get that last squeeze up or not.

Have an blessed day.

Red
Author: Red

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