SPX ES SPY Plan for 11/6

We may have received the first slight sign that the market is looking for balance on Friday. It isn’t much, but a potential early clue. It is also occurring at a spot that makes a ton of sense contextually given the last 3 months of price action. In normal situations the index will attempt to find balance before deciding the next move. However, there are competing factors which could drive a large move direct from here instead of balance.