On the heels of the third and final presidential debate, the Emini S&P 500 initially popped from around 2139 after Wednesday's close to a post-debate high at 2144.50. But in overnight trading, the S&P 500 declined to a low of 2132.25, which was oddly reminiscent of the weakness that emerged following the second debate.
That said, the S&P 500 has not inflicted any meaningful damage to its very near-term chart structure as it continues to meander below 2140/44 resistance -- and above 2125/20 support.
To deliver such damage, Emini needs to break "micro support" 2129.25-2126.25, which will increase its vulnerability to revisit much more important support at 2107.
Conversely, only a climb that sustains above 2145 will start to morph the near-term pattern into something considerably more promising on the upside than it is right now.