The election result, with the republican winning the house of representative is bearish for the market. As such the current bear market that started in November 2021 may have resume after a brioef pullback.
At the macro level, the next support is at 9,700, prior swing high from February 2020 swing high.
On the intraday 5-minute time-frame, key inflection price level for Thursday will be at 10,950, bullish above it and bearish below it with the next support level at 10,850 then followed by the second support level at 10,660
