more strength

The last 2 days seem to have resolved the resistance at the 55 Ema (for now), and it wouldn't be surprising to see new highs or matched highs

The current T structure suggests that the strength will last into a topping pattern between 11th and 19th of November, it is slightly fuzzy due to the flat top between 26 August and 8 September.

Chart of S&P500 for 27 October 2014

 

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