Big Rally One Day Before Election

Stocks are rallying signalling a HRC win. I saw that 200 dma at 2083 last week when I made that post and should have moved my support call up from 2070 to 2083. Oh well. Neat to see how spot on the support level was with the 200 dma. Now we'll watch the interaction with the downsloping 50 dma. A break above on huge volume would be very bullish for a big Christmas rally and ensuing January effect.

Quadruple Bottom Breakdown Yesterday

Quadruple Bottom Breakdown on S&P 500. Support at 2070. 2040 if that fails. Sit tight.

S&P: 2105 (-6.57)