EGB OPTIONS: DUF6 106.8/106.9/107 Call Fly Sold

• RES 4: 7000.00 Psychological round number 
• RES 3: 6993.12 3.500 proj of the Aug 20 - 28 - Sep 2 price swing
• RES 2: 6974.04 3.382 proj of the Aug 20 - 28 - Sep 2 price swing 
• RES 1: 6867.00/6953.75 Intraday high / High Oct 30 and bull trigger  
• PRICE: 6843.00 @ 14:29 GMT Nov 11
• SUP 1: 6655.70 Low Nov 7 and key short-term support 
• SUP 2: 6571.25 Low Oct 17
• SUP 3: 6540.25 Low Oct 10 and a key support 
• SUP 4: 6476.62 23.6% retracement of the Apr 7 - Oct 30 bull cycle  

The trend condition in S&P E-Minis remains bullish and the bear leg since the Oct 30 high appears corrective. The contract has managed to find support below the 50-day EMA, currently at 6716.03 and a key support. Last Friday’s activity also highlights a potential reversal signal - a bullish doji candle. This defines key support at 6655.50, the Oct 7 low. A continuation higher would signal the end of a correction and open 6953.75, Oct 30 high and bull trigger.

• +10,000 0QZ5 97.00/97.25 call spds, 5.25 ref 96.905
• -4,000 0QZ5 96.93/97.06 call spds, 4.0

Mixed performance for e-minis as we approach the opening bell on Wall St.

• Pressure in tech names noted pre-market, with Meta (-0.7%) weaker after news that the company’s chief AI scientist is set to leave, while Nvidia (-1.9%) struggles after Softbank sold a stake in the name.
• Our technical analyst notes that the trend condition in S&P 500 e-minis remains bullish and the pullback since the Oct 30 high appears corrective. The contract has managed to find support below the 50-day EMA, currently at 6,716.03. Friday's activity also highlights a potential reversal signal - presenting a bullish doji candle. A continuation higher would signal the end of a correction and open 6,953.75, the Oct 30 high and bull trigger.
• S&P 500 e-minis: -0.21%
• NASDAQ 100 e-minis: -0.40%
• DJIA e-minis: +0.08%