Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, November 5, 2014

Election In, Jury Still Out On S&P

Stock Market Technical Analysis

click on image to enlarge

The expected gap up from the Republican win turned out to be rather small.  Many were expecting the S&P might gap over all the lines it is up against in the two upper chart clusters but it didn't happen.  We are now right back to these lines once again with no indication yet if the market will break out or break down at these junctures.

Trade well my friends


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