Tuesday, October 22, 2013

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.