IWM'60min
Sp'60min
Trans'60
Summary
A clear victory for the bulls. Are we set for a multi-week post election rally, setting new index highs? The weekly and monthly charts still warn of trouble, but it won't take much to negate those minor warnings.
Under any viewpoint, bears should be really concerned with today's price action.
Big jobs data tomorrow, if Mr Market decides 'its great', then we could easily see 1440s tomorrow.
For the bears...today has to be seen as a major blow to hopes of an autumnal sell-off.
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back later.