December 1st Trade Plan & Chart

In yesterday’s analysis, I posted the 4550-60 zone was the “last chance” core support for bulls and it tested precisely and produced a big rally back above 4600 as of writing. This was support of the core purple channel in yesterdays chart as well as backtest of the September highs - a major, critical support. Bulls however, are not out of the woods yet - we remain in a market where resistances are being sold and bulls have work to do. Here’s what I’m looking for now (chart & analysis below)