Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, October 2, 2014

Mid-morning Chart Update

Stock Market Technical Analysis



click on image to enlarge


In the market this morning the Indexes took a slap in the face with the 10% drop in August factory orders news.  However, the only thing that really matters now is the VIX 17.62 line continuing to hold.  As long as it does, it is still likely an S&P bounce is coming soon.


Trade well my friends

Alan

Blog Archive