* this SPX daily chart presents the SPX price action with the $1190mid-point trading range value for the August to November 15h period, and this mid-point value is shown as the bold dashed orange line ... and the HGX (housing index) and BKX (banking index) are shown with the SPX price action because it will be difficult for the SPX to mount a sustainable price advance OR decline without these sectors participating to some extent
* notice the NYA price action relative to its 600-day moving average ... NYA is shown below the main chart body
the NYA $7311 price level is the must-hold level to preserve the bullish case