2026-11-8

Let’s see how things look in tonight’s overnight session. There’s absolutely no volume—not even a little. 76150-76400 has become the recent resistance zone. As long as price is below 77100, the trend is bearish, and there’s no confirmation that a bottom is in.
I don’t know how much longer we’ll have to “endure” this. If they really are deflating the “AI bubble,” then this is only the beginning. How long they’ll keep “squeezing” depends on the politicians’ mood. There’s no clear support below. If we use the last swing high, around 73800 is the 4-hour low. We’ll see what happens if that breaks. For now, we can only take it one step at a time.
With price action like this, there’s nothing to do intraday—it’s just gone flat. How are you supposed to trade that? There’s no reason to stay up tonight either. We’ll see tomorrow. Even if there’s a wick in the overnight session, it’s best not to take it, especially on a Sunday night.