This Market is Nuts!!

Licia Leslie

Licia Leslie

Licia Leslie

By Licia Leslie

November 23, 2025

Hi Shoppers,

 

With another week gone by here is my weekly chart of the S&P 500 Emini Futures:

The week of October 27th created a doji at the top or the all time high and we’ve traded lower ever since.

 

I still say watch that $6614 level. We traded lower intraday on Friday, but as always the close is more important than the intraday action and we managed to close just above it.

 

If/when we do get a close below $6614 we will trade down to $6456.75 which in my opinion we will do before we rally again into the end of the year.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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