Tuesday, October 22, 2013

SPX Daily / Weekly

SPX Daily

SPX Weekly

Tuesday afternoon

 
There's a product release today
 
          And we all know how much the media loves to cover this company.....

Tuesday morning

SP-500 Daily Chart
Could be it's time for a rest.  Note the oversold stochastic with a drop in volume and the doji candle.  It's been quite a run from 1646.  You may want to bank some or most of that 100 point move.  There could be some positive earnings surprises but the spreading disappointment with the pricing of health insurance is a bit of a downer.