L/T BUY SIGNAL at 1939

And another very strong day bringing us back up above the mid-point and providing the Long Term Buy Signal.

Note: the recent correction bounced hard at the 350 ema and that Terry laundry described this as the 'optimum moving average' for the S&P500 – a fantastic buying location for a bounce, a failure there would have significant repercussions (eg August 2008)

Chart of S&P500 for 22 October 2014

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