S&P 500 Nov 23 to Nov 27 Outlook

Recap
Overnight ES dropped below 2000 and the buying started right on schedule. The straight up reversal surprised many traders and created a short squeeze later in the week forcing a push above Y+1. Closed the week below Y+1 and above midpoint.

Outlook
A retest of B+1 will tell us if this rally has legs. If rejected, we can expect a pullback to 2060s again.