Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Friday, October 31, 2014

Mid Morning Update: S&P Rings the Bell

Stock Market Technical Analysis


click on image to enlarge


In the market today the S&P gapped up and quickly rang the bell at the September high as the VXX 5/50 juncture we have been following successfully completed the down cross.  Team Yellen now has the S&P all cleaned up and in its finest tuxedo for Tuesday's election (yes, Yellen is a democrat).  Looking at the chart above, the big question now is did the party just begin or just end?






Trade well my friends

Alan

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