For Monday Nov 14th I have a bullish bias for the ES. On Nov 10th the ES found support at the 50 daily ema. Buyers bid prices above the 5 daily ema overcoming the Nov 9th selloff. Given the resilience of the bulls recently, I will be looking to get long on intraday pullbacks tomorrow. 1245 and 1290 and important levels of support and resistance respectively; I will not trade at these levels. I will also be watching Dec. Crude (CLZ1) closely tomorrow for a reaction at the significant trendline I posted about on Friday. Oil is a good indicator for the sentiment of the equity markets.
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