Normally I don't post the following crap because I don't believe in it, but this time I have a reason. I dreamed that the pattern in the SP was a very bullish pattern and I woke up "afraid" that the spuz were up 40 and I would miss a killer rally [I am flat SIFs or derivatives of SIFs]. What's worse, I don't remember 99% of my dreams. Normally I would not even bother posting such nonsense, but I am 90 delta that my subconscious mind sees something I don't and it worked out that this pattern of action is way more likely to be bullish than bearish short term. At what point would I feel like it was just a dream? If we gap fill [802-808] and go lower. FWIW.
Short term, imo this is well overbought within the bear market rally. If I project [approximately at the time of this post] where ES "should" be trading if you took EUR.JPY and CHF.JPY value, I would come up with about 842. As far as "Black Friday" goes, I think it is going to be a catastrophe for most retailers, and probably just pretty awful for the rest. People don't [seem to] get it, main street has no money and are barely making it from paycheck to paycheck. In my family, the adults have decided it is presents only for the kids.