
Stocks and tech gained from Wednesday's open, but medium trends stayed bearish. Gold fell below $4,000 as the dollar rose, while bonds gained.
Fundamentals: Stocks and technology shares closed higher amid Nvidia scrutiny and risks from potential China chip restrictions, with strong cloud demand providing a counterweight. Oil and gold fell while bonds rose. Gold slipped below $4,000 as the dollar strengthened following hot CPI data. Nvidia’s Tuesday, November 17 earnings remain a significant concentration event given its nearly 8% S&P 500 weight.
Technicals: Stocks and tech finished Wednesday higher from the open, with the S&P 500 ETF gaining 0.40% and the Nasdaq-100 ETF adding 0.45%, though medium trends remained bearish. Apple advanced while Amazon, Meta and Microsoft fell. The oil ETF slipped 0.83% from its open but finished 0.01% above its prior close. Gold fell 1.13%, while the far-term Treasury ETF rose 0.21% from its open.
After Market Close daily snapshot: market news summary and sentiment, major ETFs, Magnificent 7 analysis, Indices Futures Higher Time Frame Analysis, and E-mini S&P500, Nasdaq 100, NYMEX Crude, Gold Futures Daily Chart analysis.
As of: November 11, 2026 06:15 CT
Market News Summary:
Nvidia-related scrutiny dominates index-sensitive headlines, alongside inflation concerns, dollar strength and pressure on gold.
Primary Drivers & Risks:
- Primary Driver: Nvidia scrutiny and heavyweight technology exposure
- Primary Risk: China chip restrictions and persistent inflation
Tone:
Cautious, with negative Nvidia headlines offset by cloud growth and supportive options commentary.
Data, Market and System
Geopolitical:
- Reports described congressional pressure for a complete ban on advanced semiconductor sales to China.
- House Republicans reportedly are preparing to subpoena Jensen Huang over allegations involving a suspected Chinese spy.
- Commentary on Iran characterized the situation as a status quo, without identifying a new development.
Oil / Energy:
- The EIA raised its 2027 gasoline price forecast by 5% from the previous month, citing global petroleum supply constraints and wider crack spreads.
- Inflation commentary emphasized that falling gasoline prices do not resolve broader price pressures.
Gold / Metals:
- Gold fell below $4,000 an ounce as the dollar strengthened following hot CPI data.
- Analysts identified $3,900 as a further downside level amid continued selling pressure.
Fed / Financials:
- Gold coverage linked persistent inflation to a continued Federal Reserve tightening bias.
Macro / Other:
- November 11 is the Veterans Day bank holiday.
- PPI was highlighted as a focus, but the supplied excerpt contained no release figures or timing.
- China’s Singles Day remains an important contributor to quarterly e-commerce growth for Alibaba and JD.com.
Conclusion:
Nvidia’s index weight places its investigation, downgrade and November 17 earnings at the center of the equity headlines. China semiconductor restrictions add a separate policy risk to the same heavyweight technology exposure.
Strong cloud demand and supportive options commentary provide counterweights to the negative technology coverage. Persistent inflation, dollar strength and gold’s break below $4,000 form the principal macro cross-currents.
Market News Sentiment
Sentiment Bias shows the balance of positive and negative news coverage sampled from 2026-11-10 16:06 to 2026-11-11 15:58 ET, covering stocks, energy and gold.
▼ Market news
- Bias
- ▼ -14.58%
- Articles
- 192
- Positive
- ▲ 23.44%
- Neutral
- — 38.54%
- Negative
- ▼ 38.02%
▼ GLD / Gold
- Bias
- ▼ -23.08%
- Articles
- 13
- Positive
- ▲ 23.08%
- Neutral
- — 30.77%
- Negative
- ▼ 46.15%
Sentiment Summary: Negative coverage led positive coverage 46% to 23%, as the November 10 U.S. CPI surprise reinforced expectations for a December Fed rate increase, with rising real yields and a stronger dollar pressuring gold. On November 11, an early rebound supported by bargain hunting and short covering, alongside Standard Chartered’s $4,650 year-end target, provided a counterweight, but later reports placed gold below $4,000.
Conclusion: The coverage highlights inflation-sensitive dollar and yield pressures, with the November 13 producer-price report identified as the next inflation catalyst.
▼ USO / Oil
- Bias
- ▼ -6.67%
- Articles
- 15
- Positive
- ▲ 26.67%
- Neutral
- — 40.00%
- Negative
- ▼ 33.33%
Sentiment Summary: Oil coverage was mixed with a slight negative bias: 33% negative, 27% positive and 40% neutral. From November 10 evening into November 11, crude rebounded from two-month lows as Hormuz shipping attacks, deadlocked U.S.-Iran talks and tight U.S. distillate inventories sustained supply concerns; the EIA also raised its 2027 gasoline-price forecast 5% from last month. The main counterweight was OPEC’s October output recovery toward prewar levels, supported by Saudi production and alternative pipelines, alongside uncertain export demand.
Conclusion: For indices futures, this coverage highlights energy-related inflation pressure balanced by recovering crude supply, rather than a broad equity-direction signal.
Glossary: Sentiment Bias = (positive articles − negative articles) ÷ total articles × 100. It ranges from −100% negative to +100% positive. A reading near zero indicates little directional bias. Neutral articles reduce the score’s strength. ▲ positive; ▼ negative; — balanced. These readings describe news coverage, not market-price direction.
Market Technical Analysis
Analysis of VIX volatility, the completed session in major ETFs and mega-cap tech stocks, and futures snapshots and higher-time-frame analysis.
VIX — Market Fear Gauge Daily
| Level | Open | High | MaxVix | Low | MinVix | DNC% | DOC% | VR | MaxVR | MinVR |
|---|---|---|---|---|---|---|---|---|---|---|
| 17.48 | 18.26 | 18.74 | 28.36 | 17.33 | 16.21 | -10.17% | -4.27% | 7.72 | 56.57 | -6.27 |
VIX fell 4.27% from the session's opening level. VIX fell 10.17% versus the previous session close. Expected volatility eased from the period open. VIX is 10.5% up the recent 15-session range (16.21–28.36), in the 10–20% band.
VR: ATN Volatility Ratio (VR): 7.72 – Stocks rose while expected volatility eased. VR is in the lower part of its preceding 15-session VR range (-6.27 to 56.57), in the 20–30% band. VR rose 13.99 points from the previous session, a moderate shift relative to that range.
Range lookback: preceding 15 completed sessions.
Major ETFs and Mega Cap Tech Stocks
- Nvidia represents nearly 8% of the S&P 500, making its November 17 earnings report a significant concentration event for index investors.
- Baird downgraded Nvidia to neutral amid a board investigation into allegations involving CEO Jensen Huang and a suspected foreign intelligence effort.
- Positive Nvidia commentary cited robust chip demand, hyperscaler capital spending and cloud revenue growth at Alphabet, Amazon and Microsoft.
- Technology options analysis characterized the October correction as unfinished but limited, rather than the start of a bear market.
- Apple reported record quarterly sales, while rising memory chip costs raised profitability concerns.
- Tesla extended Cybertruck production through summer 2027, and Finland approved its driver-assistance software.
- Alphabet received mixed analyst rating changes after announcing a $3 billion bond offering in Asia.
ETF, Mag7, and Cross-Market ETF Insights
Overall Tone
From-the-open breadth was positive across index ETFs but divided elsewhere on November 11, 2026, leaving the daily risk tone constructive but uneven.

| Instrument | Bias | Date | DNC% | DOC% | O | H | L | C | VWAP | Vol |
|---|---|---|---|---|---|---|---|---|---|---|
| ▲ QQQ | ▲ ▲ ▼ | 2026-11-11 | ▲ +2.31% | ▲ +0.45% | 687.28 | 695.57 | 683.56 | 690.38 | ▼ 690.51 | 41,602,645 |
| ▲ SPY | ▲ ▲ ▲ | 2026-11-11 | ▲ +1.32% | ▲ +0.40% | 756.80 | 762.51 | 754.90 | 759.81 | ▲ 759.44 | 37,586,690 |
| ▲ DIA | ▲ ▲ ▲ | 2026-11-11 | ▲ +0.52% | ▲ +0.32% | 522.79 | 524.63 | 520.05 | 524.44 | ▲ 522.87 | 2,628,582 |
| ▲ IJH | ▲ ▲ ▲ | 2026-11-11 | ▲ +0.81% | ▲ +0.09% | 74.66 | 74.79 | 74.05 | 74.73 | ▲ 74.62 | 7,923,393 |
| ▲ IWM | ▲ ▲ ▲ | 2026-11-11 | ▲ +0.89% | ▲ +0.04% | 282.99 | 283.72 | 281.48 | 283.09 | ▲ 282.80 | 17,349,903 |
| AVG/Sum | — | — | +1.17% | +0.26% | — | — | — | — | — | 107,091,213 |
Index ETFs
Positive confluence: average DNC% +1.17%, DOC% +0.26%. All five gained from the open, led by QQQ and SPY; IWM and IJH were near-flat, while DIA lagged versus the prior close. QQQ led versus the prior close at +2.31%, but closed below VWAP within a falling intermediate trend.
QQQ · D:2026-11-11 NC% ▲ +2.31% OC% ▲ +0.45%

QQQ – Nasdaq 100 Technicals Summary
QQQ's completed daily session on November 11 closed at 690.38, gaining 2.31% versus the prior close and 0.45% from the open. An unfilled opening gap supplied most of the advance. The session formed a higher high and higher low, breached the prior inside-bar high, and closed above the previous day's high. However, its finish just below VWAP showed less intraday strength than the daily return alone suggested.
Price was above a falling near-term average but below a falling intermediate average and a marginally rising far-term average. The mixed near and far horizons therefore did not overturn the intermediate downtrend or the negative 15-session price trend. Range and volume were below average, contrary to their expanding and increasing lookback trends. PSAR was in a long state while ATR-median remained bearish; a next-session low below 647.05 would trigger a bearish PSAR reversal.
SPY · D:2026-11-11 NC% ▲ +1.32% OC% ▲ +0.40%

SPY – S&P 500 Technicals Summary
SPY's completed daily session on November 11 advanced to 759.81, up 1.32% from the prior close and 0.40% from the open. The opening gap remained unfilled, contributing most of the daily gain. A higher high and higher low breached the prior inside-bar high, and the close finished above the previous day's high and slightly above session VWAP.
The advance improved price position without aligning all trend horizons. Price stood above a falling near-term average, below a falling intermediate average, and above a rising far-term average. That combination left an intermediate downtrend within a positive longer-term structure, while the separate 15-session price trend remained negative. Below-average range and volume contrasted with expanding ranges and increasing participation over the lookback. PSAR and ATR-median remained bearish; a next-session high above 767.6768 would trigger a bullish PSAR reversal.
DIA · D:2026-11-11 NC% ▲ +0.52% OC% ▲ +0.32%

DIA – Dow Jones Technicals Summary
DIA's completed daily session on November 11 closed at 524.44, up 0.52% from the prior close and 0.32% from the open. The opening gap was filled, but the session ultimately produced a higher high and higher low, exceeded the prior inside-bar high, and closed above the previous day's high. A finish near the session high and above VWAP gave the day's recovery a positive intraday shape.
The broader picture remained uneven. Price stood above a falling near-term average, while intermediate- and far-term averages were rising. Meanwhile, the 15-session price trend was negative and exceptionally inefficient, indicating little sustained net progress. Both range and volume were below average despite expanding ranges and increasing volume over the lookback. PSAR still indicated a downtrend; a next-session high above 529.0283 would be required to trigger its bullish reversal.
IJH · D:2026-11-11 NC% ▲ +0.81% OC% ▲ +0.09%

IJH – Mid Cap Technicals Summary
IJH's completed daily session on November 11 closed at 74.73, gaining 0.81% from the prior close but only 0.09% from the open. Most of the net gain therefore reflected the opening gap, although that gap was filled during trading. The session made a higher high and higher low, breached the prior inside-bar high, and finished above the previous day's high, near its own high and above VWAP.
Near- and far-term averages were rising below price, while the intermediate average was still falling despite price standing above it. That left the trend structure constructive but not fully aligned. The 15-session price trend was positive but inefficient. The session range was well below average and volume slightly below average, contrasting with expanding ranges and increasing volume over the lookback. PSAR was long; a next-session low below 71.31 would trigger a bearish reversal.
IWM · D:2026-11-11 NC% ▲ +0.89% OC% ▲ +0.04%

IWM – Small Cap Technicals Summary
IWM's completed daily session on November 11 gained 0.89% versus the prior close to 283.09, but advanced only 0.04% from the open. The unfilled opening gap accounted for nearly all the daily return. A higher high and higher low carried price beyond the prior inside-bar high, and the close exceeded the previous day's high while finishing near the session high and slightly above VWAP.
The near-term average was rising below price, but the intermediate average remained falling beneath it and the far-term average was falling above it. Shorter-term strength therefore lacked broader alignment. The positive 15-session price trend also showed limited directional efficiency. Daily range was about half average and volume below average, against expanding ranges and increasing volume over the lookback. Despite a bullish ATR-median crossover, PSAR remained bearish; a next-session high above 283.72 would trigger its bullish reversal.

| Instrument | Bias | Date | DNC% | DOC% | O | H | L | C | VWAP | Vol |
|---|---|---|---|---|---|---|---|---|---|---|
| ▲ AAPL | ▲ ▲ ▲ | 2026-11-11 | ▲ +2.04% | ▲ +1.74% | 349.55 | 355.91 | 349.32 | 355.63 | ▲ 354.43 | 33,474,353 |
| ▲ GOOGL | ▲ ▲ ▲ | 2026-11-11 | ▲ +2.11% | ▲ +1.15% | 290.11 | 295.74 | 289.48 | 293.45 | ▲ 292.81 | 25,054,537 |
| ▲ TSLA | ▲ ▲ ▼ | 2026-11-11 | ▲ +2.91% | ▲ +1.10% | 386.58 | 395.43 | 386.35 | 390.84 | ▼ 391.62 | 27,444,493 |
| ▲ NVDA | ▲ ▲ ▼ | 2026-11-11 | ▲ +2.87% | ▲ +0.54% | 172.80 | 177.54 | 170.77 | 173.73 | ▼ 174.65 | 268,247,609 |
| ▼ MSFT | ▼ ▼ ▼ | 2026-11-11 | ▼ -2.26% | ▼ -2.45% | 534.24 | 534.76 | 518.45 | 521.12 | ▼ 522.57 | 28,589,275 |
| ▼ AMZN | ▼ ▼ ▼ | 2026-11-11 | ▼ -1.74% | ▼ -2.69% | 273.52 | 274.87 | 265.62 | 266.17 | ▼ 267.37 | 37,183,485 |
| ▼ META | ▼ ▼ ▼ | 2026-11-11 | ▼ -1.97% | ▼ -2.78% | 646.74 | 648.45 | 627.97 | 628.77 | ▼ 637.12 | 15,269,062 |
| AVG/Sum | — | — | +0.57% | -0.48% | — | — | — | — | — | 435,262,814 |
Mag7 Stocks
Mixed: average DNC% +0.57%, DOC% -0.48%. Four of seven gained from the open, led by Apple, while Meta and Amazon lagged; versus the prior close, Tesla led at +2.91% and Microsoft lagged at -2.26%. Apple’s moving-average uptrends aligned, whereas Nvidia gained but closed below VWAP with downtrends intact.
AAPL · D:2026-11-11 NC% ▲ +2.04% OC% ▲ +1.74%

AAPL – Apple Technicals Summary
AAPL's completed daily session on November 11 closed at 355.63, gaining 2.04% from the prior close and 1.74% from the open. The opening gap remained unfilled, and a higher high and higher low culminated in a close above the previous day's high and near the session high. Finishing above session VWAP reinforced the positive intraday picture, with the close just below the supplied 52-week high.
Near-, intermediate- and far-term moving-average uptrends were aligned, although the separate 15-session price trend remained marginally negative and showed little directional efficiency. The day's below-average range and volume contrasted with expanding ranges and increasing volume across that lookback, so the advance did not carry above-average participation. PSAR remained bullish; a next-session low below 336.703 would trigger a bearish reversal rather than describe an already confirmed change.
Apple News and Fundamentals
Apple announced on November 10 that it will permanently close its Apple Support Community forum, a longstanding service where customers exchange product questions and answers. The company also reported record quarterly sales, with strong iPhone demand and high-margin services supporting its business. Rising memory-chip prices were reported as a threat to profitability.
GOOGL · D:2026-11-11 NC% ▲ +2.11% OC% ▲ +1.15%

GOOGL – Alphabet Technicals Summary
GOOGL's completed daily session on November 11 advanced to 293.45, up 2.11% versus the prior close and 1.15% from the open. Its opening gap higher remained unfilled. A higher high and higher low, followed by a close above the previous day's high and session VWAP, established a positive daily rebound without resolving the broader downtrend.
Price was above its near-term benchmark, but that average was still falling, leaving the near-term structure mixed. Intermediate- and far-term averages remained declining above price, consistent with the negative 15-session price trend. The session's below-average range and particularly light volume contrasted with expanding ranges and increasing volume over that lookback. PSAR was bullish while the ATR-median signal remained bearish, another sign of incomplete alignment. A next-session low below 278.8125 would trigger a bearish PSAR reversal.
TSLA · D:2026-11-11 NC% ▲ +2.91% OC% ▲ +1.10%

TSLA – Tesla Technicals Summary
TSLA's completed daily session on November 11 closed at 390.84, gaining 2.91% versus the prior close and 1.10% from the open. The opening gap higher remained unfilled. A higher high and higher low breached the prior inside-bar high, with the close above the previous day's high. Despite that improvement, the finish below VWAP qualified the intraday strength.
Near- and intermediate-term averages were rising below price, while the far-term benchmark was still falling beneath it, leaving that horizon mixed. The separate 15-session price trend remained negative and highly inefficient, highlighting the difference between the latest advance and recent net progress. The session range was substantially below average despite expanding lookback ranges, while light volume matched declining participation. PSAR was long but ATR-median remained bearish. A next-session low below 338.15 would trigger a bearish PSAR reversal.
Tesla News and Fundamentals
Elon Musk said Tesla will extend Cybertruck production through the end of summer 2027 because of an order backlog, revising his earlier expectation that production would end around mid-2027. Finland also approved Tesla’s Assisted Driving system, marking a regulatory development for the company’s driver-assistance software.
NVDA · D:2026-11-11 NC% ▲ +2.87% OC% ▲ +0.54%

NVDA – Nvidia Technicals Summary
NVDA's completed daily session on November 11 closed at 173.73, up 2.87% from the prior close but only 0.54% from the open. Much of the gain came from an opening gap that remained unfilled. The session made a higher high and higher low, yet closed inside the previous day's range and below VWAP, tempering the apparent strength of the headline return.
Near-, intermediate- and far-term averages all remained falling above price, aligned with the negative 15-session price trend. The latest advance was therefore a rebound within a consistently bearish average structure, not an established trend reversal. Range was close to average, while volume reached roughly 158% of average, consistent with increasing lookback participation as ranges expanded. PSAR and ATR-median remained bearish. A next-session high above 189.6549 would trigger a bullish PSAR reversal.
Nvidia News and Fundamentals
Nvidia’s board is investigating whether CEO Jensen Huang was targeted by a foreign intelligence effort and whether an affair compromised company secrets, while expressing confidence in his leadership. Bloomberg, citing two House Republicans, reported that Congress is preparing to subpoena Huang over the alleged affair with an alleged Chinese spy. Nvidia also has substantial AI infrastructure commitments, including cloud-service purchases and project guarantees. Its next earnings report is scheduled for November 17.
MSFT · D:2026-11-11 NC% ▼ -2.26% OC% ▼ -2.45%

MSFT – Microsoft Technicals Summary
MSFT's completed daily session on November 11 closed at 521.125, losing 2.26% versus the prior close and 2.45% from the open after filling a small opening gap higher. A lower high and lower low ended below the previous day's low and near the session low. The close below VWAP reinforced the negative intraday picture, and this was the second consecutive large-range session.
Price finished below both near- and intermediate-term benchmarks even though those averages were still rising, leaving those horizons mixed. The far-term uptrend remained intact beneath price. The separate 15-session price trend was positive but showed almost no directional efficiency, underscoring substantial back-and-forth trading. Above-average range and slightly above-average volume matched expanding ranges and increasing participation over that lookback. PSAR remained bullish; a next-session low below 517.2188 would trigger a bearish reversal.
AMZN · D:2026-11-11 NC% ▼ -1.74% OC% ▼ -2.69%

AMZN – Amazon Technicals Summary
AMZN's completed daily session on November 11 reversed an opening gap higher, closing at 266.17. The loss was 1.74% versus the prior close but a larger 2.69% from the open. An outside bar captured movement beyond both ends of the previous day's range, yet the close returned inside that range and finished near the session low. The close below VWAP added to the weak intraday finish.
This decline conflicted with rising near- and far-term averages and the positive 15-session price trend. The intermediate structure was less supportive: price remained above its benchmark, but that average was falling. The above-average session range matched the lookback's expanding ranges, while below-average volume diverged from its increasing volume trend. PSAR remained in an uptrend; only a next-session low below 257.2964 would trigger its bearish reversal.
Amazon News and Fundamentals
On November 10, a federal judge granted class certification in a lawsuit alleging Amazon Photos collected and stored biometric data without the notice or informed written consent required under Illinois law. Separately, Amazon’s AI infrastructure buildout has pushed free cash flow negative. The company continues to expect approximately $220 billion in cash capital expenditures for 2026, indicating continued cash-flow pressure through year-end.
META · D:2026-11-11 NC% ▼ -1.97% OC% ▼ -2.78%

META – Meta Platforms Technicals Summary
META's completed daily session on November 11 surrendered its opening gap higher and closed at 628.77. The decline was 1.97% from the prior close and 2.78% from the open. An outside bar ended below the previous day's low and near the session low, while the close sat clearly below VWAP. This weak finish aligned with the negative 15-session price trend.
The moving-average structure was more complicated. Price remained above a falling near-term benchmark, below a falling intermediate benchmark, and below a still-rising far-term benchmark. Thus, neither the near nor far horizon was fully aligned, while the intermediate trend remained bearish. The session range was essentially average despite a contracting lookback trend, and light volume matched declining participation. PSAR and the new bullish ATR-median crossover conflicted with the day's weakness. A next-session low below 593.1214 would trigger a bearish PSAR reversal.
Meta News and Fundamentals
Meta said on November 11 that longtime infrastructure head and engineering co-head Santosh Janardhan will leave in early 2027. Former AWS senior vice president David Brown will succeed him, leading Meta’s infrastructure efforts and serving as chief technology officer of the Meta Compute initiative. That initiative is spearheaded by Dina Powell McCormick and Daniel Gross.

| Instrument | Bias | Date | DNC% | DOC% | O | H | L | C | VWAP | Vol |
|---|---|---|---|---|---|---|---|---|---|---|
| ▲ IBIT | ▲ ▲ ▲ | 2026-11-11 | ▲ +1.34% | ▲ +1.67% | 41.55 | 42.28 | 41.45 | 42.24 | ▲ 41.98 | 41,710,498 |
| ▲ TLT | ▲ ▲ ▲ | 2026-11-11 | ▲ +0.05% | ▲ +0.21% | 80.75 | 80.96 | 80.47 | 80.92 | ▲ 80.81 | 26,411,758 |
| ▼ USO | ▲ ▼ ▼ | 2026-11-11 | ▲ +0.01% | ▼ -0.83% | 142.66 | 145.16 | 141.11 | 141.47 | ▼ 142.60 | 3,115,463 |
| ▼ GLD | ▼ ▼ ▼ | 2026-11-11 | ▼ -1.13% | ▼ -1.13% | 369.36 | 369.38 | 364.89 | 365.17 | ▼ 366.43 | 5,754,003 |
| AVG/Sum | — | — | +0.07% | -0.02% | — | — | — | — | — | 76,991,722 |
Cross-Market ETFs
Mixed: average DNC% +0.07%, DOC% -0.02%. Bitcoin led from the open and versus the prior close, while gold lagged both, diverging from equities within aligned downtrends. Bonds edged higher on both comparisons; oil fell 0.83% from the open but finished nearly flat versus the prior close.
IBIT · D:2026-11-11 NC% ▲ +1.34% OC% ▲ +1.67%

IBIT – Bitcoin Technicals Summary
IBIT's completed daily session on November 11 recovered from a lower opening to close at 42.24. It gained 1.34% versus the prior close and 1.67% from the open, filling the opening gap down. The close was near the session high and above VWAP, but the entire session remained inside the previous day's range, limiting the advance's significance as a change in price structure.
Near- and intermediate-term averages remained falling above price, aligned with the negative 15-session price trend. The far-term average was still rising below price, so shorter-term weakness continued within a positive longer-term structure. The daily range was below average and volume slightly below average, unlike the lookback's expanding ranges and increasing volume. PSAR and ATR-median remained bearish; a next-session high above 43.4104 would trigger a bullish PSAR reversal.
TLT · D:2026-11-11 NC% ▲ +0.05% OC% ▲ +0.21%

TLT – Long-Term Treasury Bonds Technicals Summary
TLT's completed daily session on November 11 closed at 80.92, barely higher by 0.05% versus the prior close but up 0.21% from the open. It recovered its opening gap down and finished near the session high and above VWAP. Nevertheless, a lower high and lower low left the close inside the previous day's range, making the daily improvement modest rather than a clear structural advance.
The near-term picture was mixed because price remained below a rising average. The intermediate average was rising below price, while the far-term average continued falling above it. This conflict accompanied a slightly positive but inefficient 15-session price trend. Below-average range and volume were consistent with contracting ranges and decreasing participation across that window. ATR-median remained bullish but PSAR was bearish; a next-session high above 82.3178 would trigger a bullish PSAR reversal.
USO · D:2026-11-11 NC% ▲ +0.01% OC% ▼ -0.83%

USO – Oil Technicals Summary
USO's completed daily session on November 11 closed at 141.47, virtually unchanged with a 0.01% gain versus the prior close, despite falling 0.83% from the open. The opening gap higher was filled. Although the session formed a higher high and higher low, it closed inside the previous day's range, near the session low and below VWAP, revealing weakness beneath the flat daily return.
The near-term average remained falling above price, consistent with the negative 15-session price trend. Price also remained below a rising intermediate average, while the far-term average was rising beneath it. Shorter-term weakness therefore persisted within a positive longer-term structure. Range was slightly below average and volume substantially below average, contrasting with expanding ranges and increasing volume across the lookback. PSAR and ATR-median remained bearish; a next-session high above 154.4966 would trigger a bullish PSAR reversal.
Oil News and Fundamentals
Oil rebounded on November 11, with Brent rising above $92 a barrel after a sharp selloff. Reports cited tight U.S. distillate inventories and Middle East supply risks as support, while strong crude production and uncertain export demand remained counterweights. Renewed regional strikes tempered expectations of a diplomatic resolution to the U.S.-Iran conflict. OPEC’s monthly report showed Saudi Arabia increased October output to its highest level since February, before the war disrupted regional supplies.
GLD · D:2026-11-11 NC% ▼ -1.13% OC% ▼ -1.13%

GLD – Gold Technicals Summary
GLD's completed daily session on November 11 opened unchanged from the prior close and fell 1.13% to 365.17, making its prior-close and open-to-close returns identical. A lower high and lower low ended with a close below the previous day's low and near the session low. Finishing below VWAP and in the first lower volatility-band zone reinforced the session's weakness.
The decline aligned with falling near-, intermediate- and far-term averages, despite a slightly positive separate 15-session price trend with limited directional efficiency. The day's range was modestly above average against a gently contracting lookback trend. Volume was substantially below average, consistent with declining participation over that window. Shorter technical signals still conflicted with the bearish average structure: PSAR remained bullish, but the close was near its reversal threshold. A next-session low below 364.89 would trigger a bearish PSAR reversal, not confirm one in this completed session.
Gold News and Fundamentals
Gold fell below $4,000 an ounce on November 11 after holding above that level earlier in the day. Reports linked pressure to rising U.S. real yields and a stronger dollar following hot CPI data, while persistent inflation reinforced expectations of a restrictive Federal Reserve stance. Separately, DBS research found that central banks are assessing Asian locations for storage of their gold reserves.
Glossary: Instrument — ticker symbol; hover for the instrument or company name; Date — session date. DNC% — prior-session close to this session’s close; DOC% — daily session open-to-close percentage change. O — open; H — high; L — low; C — close, all for the table’s daily or weekly session; VWAP — volume-weighted average price; its arrow shows whether the close is above or below VWAP. Vol — period trading volume.
Bias — three directional readings, in order: DNC%, DOC%, then VWAP. ▲ positive/above; ▼ negative/below; — neutral or unavailable. Matching arrows show alignment; opposing arrows show mixed conditions. AVG/Sum — simple average of percentage changes and sum of reported volumes.
Futures Session Fib Grid Analysis – Snapshot
Session Fib Grids normalise market positioning as percentages, making direction and alignment comparable across different asset types.
Latest available snapshot for each instrument; Time(CT) shows the individual update date and time.
| Instrument | Bias | Time(CT) | YSFG | MSFG | WSFG | RSFG | SFG | TSI |
|---|---|---|---|---|---|---|---|---|
| ▼ ES | ▲ ▼ ▲ ▼ ▼ ▼ | 2026-11-11 18:17:09 | ▲ +44 | ▼ -5 | ▲ +90 | ▼ -2 | ▼ -6 | ▼ -79 |
| ▼ NQ | ▲ ▼ ▲ ▼ ▼ ▼ | 2026-11-11 18:17:09 | ▲ +36 | ▼ -13 | ▲ +71 | ▼ -13 | ▼ -4 | ▼ -83 |
| ▲ YM | ▲ ▲ ▲ ▲ ▼ ▲ | 2026-11-11 18:17:00 | ▲ +35 | ▲ +25 | ▲ +69 | ▲ +13 | ▼ -7 | ▲ +20 |
| ▼ EMD | ▲ ▲ ▲ ▼ ▼ ▼ | 2026-11-11 18:14:18 | ▲ +44 | ▲ +39 | ▲ +101 | ▼ -3 | ▼ -7 | ▼ -78 |
| ▼ RTY | ▲ ▲ ▲ ▼ ▼ ▼ | 2026-11-11 18:17:04 | ▲ +42 | ▲ +13 | ▲ +86 | ▼ -6 | ▼ -2 | ▼ -12 |
| ▲ FDAX | ▲ ▲ ▲ ▲ ▲ ▼ | 2026-11-11 18:17:05 | ▲ +50 | ▲ +73 | ▲ +122 | ▲ +28 | ▲ +6 | ▼ -28 |
| ▼ NKD | ▲ ▼ ▲ ▼ ▼ ▼ | 2026-11-11 18:17:00 | ▲ +130 | ▼ -14 | ▲ +65 | ▼ -7 | ▼ -7 | ▼ -119 |
| Instrument | Bias | Time(CT) | YSFG | MSFG | WSFG | RSFG | SFG | TSI |
|---|---|---|---|---|---|---|---|---|
| — BTC | ▼ ▼ ▼ ― ▲ ▼ | 2026-11-11 18:16:10 | ▼ -61 | ▼ -28 | ▼ -38 | — 0 | ▲ +4 | ▼ -56 |
| ▼ GC | ▼ ▲ ▼ ▼ ▼ ▼ | 2026-11-11 18:17:05 | ▼ -149 | ▲ +22 | ▼ -43 | ▼ -81 | ▼ -2 | ▼ -150 |
| ▼ CL | ▲ ▼ ▼ ▼ ▼ ▼ | 2026-11-11 18:16:50 | ▲ +144 | ▼ -92 | ▼ -46 | ▼ -19 | ▼ -2 | ▼ -90 |
| ▼ 6E | ▼ ▼ ▼ ▼ ▼ ▼ | 2026-11-11 18:16:43 | ▼ -65 | ▼ -27 | ▼ -44 | ▼ -43 | ▼ -1 | ▼ -34 |
| ▲ ZB | ▼ ▼ ▼ ▲ ▼ ▼ | 2026-11-11 18:16:33 | ▼ -33 | ▼ -8 | ▼ -44 | ▲ +18 | ▼ -6 | ▼ -12 |
Glossary: YSFG — yearly; MSFG — monthly; WSFG — weekly; RSFG — regular trading hours (RTH); SFG — the current session, including pre-market or other sessions. TSI indicates trend strength and power.
Bias shows trend alignment across these six readings. The arrows follow the column order: YSFG, MSFG, WSFG, RSFG, SFG and TSI. Matching arrows show alignment; opposing arrows show mixed conditions.
Futures Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-11-11 16:00 -05:00 CT.
US Indices Futures
- ES YSFG above F0%, MSFG below F0%, daily WSFG recovery, weekly short-term benchmarks overhead, daily pivots upward, support 7322.25, resistance 7615.75/7906.25.
- NQ YSFG upward, MSFG below F0%, daily WSFG recovery, declining daily benchmarks overhead, daily pivots upward versus weekly downward, support 26363.50–26366.50, resistance 28391–28397.50/31616.50.
- YM yearly/monthly weekly grids upward, daily WSFG recovery, declining 20-/55-/100-day benchmarks overhead, daily pivots upward versus weekly downward, support 50859–50891, resistance 52783/53377.
- EMD yearly/monthly grids above F0%/NTZ, WSFG upward, daily pivots upward versus weekly downward, daily 100-period benchmark overhead, support 3560.7, resistance 3742.6–3772.6/3996.6.
- RTY YSFG/MSFG upward, daily pivots upward versus weekly downward, rising 5-/10-/20-day benchmarks, declining 55-day benchmark 2858.5, support 2714.2, resistance 2862.2/2906.0/3101.8.
- FDAX MSFG above F0%, WSFG extended at 99%, recent grid short signals, all benchmarks below price, upward pivots, resistance 26743–26847, support 25817/25183/24925–24897.
Overall State
- Short-Term: Bullish
- Intermediate-Term: Neutral
- Long-Term: Bullish
Conclusion
Daily short-term pivots show correlated recoveries across the indices, while weekly pivots remain downward in ES, NQ, YM, EMD, and RTY. ES and NQ remain below monthly F0%, contrasting with the upward monthly grid structures elsewhere. Declining daily benchmarks and nearby pivot resistance leave intermediate alignment mixed. Weekly yearly grids and longer-period benchmarks retain broadly upward structure, although NQ’s daily long-term structure remains bearish. FDAX leads in benchmark and pivot alignment, despite recent countertrend grid signals and nearby 26743–26847 resistance. EMD retains bullish weekly ratings across all horizons, with daily intermediate structure still mixed.
Note: Intra-day counter-trend pullbacks or retracements may occur, HTF is context for informational usage and market structure. Glossary: Session Fib Grids periods of YSFG:’Yearly’, MSFG:’Monthly’, WSFG:’Weekly’
For full details visit: AlphaWebTrader Technicals
SPY Daily View
Overall Rating
- Short-Term: Neutral
- Intermediate-Term: Bearish
- Long-Term: Neutral.
Key Insights Summary
From a futures swing-trader perspective, the equivalent ES structure shows a sharp high-volatility selloff followed by a V-style rebound that remains below the 10, 20, 55, and 100-day benchmark cluster. The short-term pivot has turned upward, but the intermediate HiLo trend remains downward and price is below the November MSFG NTZ, preserving a counter-trend rebound character. The 755.42 area is the nearest pivot resistance, followed by the dense 761.98-762.49 moving-average zone; 732.71 and 729.10 define the principal downside pivot-support band. The broader trend is mixed because the 200-day benchmark remains rising, while the shorter intermediate and long-term averages are declining.
View charts on: AlphaWebTrader HTF Charts
ES Daily View
Overall Rating
- Short-Term: Bullish
- Intermediate-Term: Bearish
- Long-Term: Bullish.
Key Insights Summary
Price action reflects a fast V-style rebound from the 7322.25 swing-low area, restoring the short-term pivot trend to UTrend and lifting price above the weekly grid center. The rebound has reached the 7615.75 pivot-resistance area, while the declining 20-, 55-, and
View charts on: AlphaWebTrader HTF Charts
QQQ Daily View
Overall Rating
- Short-Term: Neutral
- Intermediate-Term: Bearish
- Long-Term: Bearish.
Key Insights Summary
QQQ, a liquid NQ futures proxy, is in a high-volatility countertrend rebound after a sharp November selloff into the 647.05 swing-low area. The short-term pivot has turned upward, but price remains beneath the 10-, 20-, 55-, and 100-day benchmarks and below the November grid, preserving the intermediate and long-term lower-high/downtrend structure. The 682.48 pivot is the immediate overhead structural level, followed by 689.35 and the November NTZ area near 690-700; 655.60, 652.08, and 647.05 define the nearby downside swing structure. Large daily ranges and elevated ATR indicate an unstable, fast-momentum recovery rather than a confirmed broad trend reversal.
View charts on: AlphaWebTrader HTF Charts
NQ Daily View
Overall Rating
- Short-Term: Bullish
- Intermediate-Term: Bearish
- Long-Term: Bearish.
Key Insights Summary
The daily chart shows a sharp V-style recovery from the 26366.50 swing-low support area, with fast upside momentum and price back above the weekly F0%/NTZ structure. Short-term pivot trend has turned upward, although the active pivot-high area near 28391.00 to 28397.50 is being tested. The rebound remains counter-trend on the intermediate and long-term structure: November MSFG is below F0%, the HiLo pivot trend remains down, and price is below the declining 20-, 55-, 100-, and 200-day benchmarks. The recent high-volume selloff and elevated ATR indicate a volatile swing environment, while 28558.50 to 28990.75 defines the nearby moving-average resistance band above the current recovery.
View charts on: AlphaWebTrader HTF Charts
USO Daily View
Overall Rating
- Short-Term: Bearish
- Intermediate-Term: Bearish
- Long-Term: Bullish.
Key Insights Summary
USO has undergone a fast downside swing from the 171.82 pivot high, breaking beneath the November MSFG NTZ and falling below the 5, 10, 20, and 55-day benchmarks. The short-term pivot structure is in DTrend, with the current 138.47 pivot low defining the immediate downside reference while 150.05 marks the reversal threshold for a new pivot high. Intermediate structure has shifted lower following rejection from the 160-172 area, although the longer-term trend remains constructive because price is still above rising 100-day and 200-day benchmarks. The decline has brought price close to the 100-day average, creating a technically important transition area between the bearish swing correction and the broader long-term uptrend.
View charts on: AlphaWebTrader HTF Charts
CL Daily View
Overall Rating
- Short-Term: Bearish
- Intermediate-Term: Bearish
- Long-Term: Bullish.
Key Insights Summary
Crude oil is in a fast short-term selloff following rejection from the 104.99 swing-high resistance area. Price is below the weekly and monthly Fib-grid centers and beneath the 5-, 10-, 20-, and 55-day benchmarks, confirming downside momentum and a lower-high corrective phase. The 83.88 pivot low is the immediate structural reference, while 93.16 defines the reversal threshold for the current short-term pivot sequence. Despite the acute correction, the 100- and 200-day averages remain rising and price remains above the annual Fib-grid center, preserving the broader long-term uptrend structure.
View charts on: AlphaWebTrader HTF Charts
GLD Daily View
Overall Rating
- Short-Term: Neutral
- Intermediate-Term: Bearish
- Long-Term: Bearish.
Key Insights Summary
GLD, as a liquid proxy for gold futures swing conditions, is holding a short-term pivot uptrend after the 354.67 low and rebound toward 380.18. The latest small red bar reflects a pullback from that rebound, with 367.16 defining the nearby pivot-reversal reference. Price remains above the November monthly NTZ, but is below the 5-day and 20-day benchmark area near 371.88-372.68 and well beneath declining 55-, 100-, and 200-day averages. The broader structure remains a countertrend recovery within an intermediate and long-term downtrend, characterized by lower highs from the August peak and overhead resistance near 380.18, 381.30, and 389.37. Volatility remains elevated, consistent with wide gold-futures style daily rotations and choppy retracement conditions.
View charts on: AlphaWebTrader HTF Charts
GC Daily View
Overall Rating
- Short-Term: Bearish
- Intermediate-Term: Bearish
- Long-Term: Bearish.
Key Insights Summary
Price is in a sharp, volatile countertrend recovery from the 3879.3 swing low, but the latest large red bar rejected the 4156.7 pivot-high area and returned below the declining 5-day and 20-day benchmarks. The short-term pivot structure remains UTrend while above 3993.0, yet the intermediate HiLo trend, 20-day/55-day benchmarks, and active short-term signals retain a broader bearish tone. The monthly grid remains positive above its F0% region, contrasting with the bearish weekly and yearly grid positioning. The dominant swing structure remains a sequence of lower highs beneath 4755.0, with 4157.7 as nearby pivot resistance and 3879.3 as major visible support.
View charts on: AlphaWebTrader HTF Charts
ZB Daily View
Overall Rating
- Short-Term: Neutral
- Intermediate-Term: Bearish
- Long-Term: Bearish.
Key Insights Summary
Price is consolidating near the 20-day and 55-day benchmarks following the sharp October-to-November recovery from the 101.15625 swing low. The short-term pivot structure remains in UTrend, but the latest 109.06250 pivot high and the nearby 106.68750 pivot-low threshold define a narrow retracement range with slow momentum and small daily bars. Weekly and monthly Fib-grid readings remain below their F0% references, while price is also below the declining 5-day, 10-day, 100-day, and 200-day averages. This creates a countertrend recovery within a broader bearish intermediate- and long-term structure, characterized by overhead moving-average congestion near 108.12500-110.12500 and major pivot resistance at 125.31250 and above.
View charts on: AlphaWebTrader HTF Charts









Sentiment Summary: Coverage leaned negative (38% negative, 23% positive, 39% neutral), reflecting Nvidia governance and China-export scrutiny, alongside October CPI released November 10 rising 0.4% versus 0.3% expected and strengthening December Fed rate-hike expectations. On November 11, stronger-than-expected CoreWeave earnings and Nvidia’s rebound supported AI shares, with Nasdaq 100 futures up 1.8% in early premarket trading and the Nasdaq Composite opening 1.44% higher. That recovery counterbalanced the negative coverage, although Microsoft declined more than 2% as broader technology recovered.
Conclusion: Nvidia’s November 17 earnings remain an upcoming concentration-risk event for major indexes.