 |
| SPX Daily |
Today was the second time the bulls pushed up and tagged the 50day SMA on SPX (1435). We didn't see as much of a negative reaction as we did on Friday, but it still closed under it. With the election results coming tonight, I'm guessing S&P futures are going to be pretty active. 1430ish on the futures is equivalent to 1435 on SPX... so I'll be watching that level pretty closely if the bulls get busy.
