The analysis focuses on technical trends, noting that US equity trends remain in excellent shape. Intermediate-term momentum and breadth are also in good shape. The Magnificent Seven are still trending higher and small-caps have just broken out. Mixed sentiment is observed, and defensive strength has proven minor. The analyst uses trend channels to assess near-term parameters for the SPX, suggesting resistance around 6900-6950 into November, with a critical support level at 6550. SHOP has broken out to all-time highs and has room to move up to 210. RDDT may pullback but has upward trend. Stocks are analyzed in the MAG 7 space with rotating trends including: ALPHABET, TESLA, NFLX, MSFT, AMZN, AAPL.