S&P 500 Update 11 November 2025

Gap up but no cigar

After the bullish close on Friday, another blast higher. Needs to get through trend resistance at 6,890 to have a pop at the all time high.

All news is good news at the moment but until price is back in the trend, there’s no upward momentum.

We’re thinking that we can crawl up further, maybe creating a M shaped top in the next few weeks. We’re square and happy to watch things unfold.