The market is still holding the same zone as it waits on the election results. I don't know if we get the move up to the 580.01 FP on the SPY or not but if we do it's a short in my opinion. I seen another new FP yesterday on the Yahoo site that matches the 533.01 FP previously posted, which it was from some other charting platform.
To me it means we are going down to that level soon as that's double conformation of that target. The "when" part is unknown but it has too be shortly after the election. Of course once it's hit I think it's a buy for the rally up into early December for 6100+ to end the rally before a much bigger pullback. Here's that new FP...
Have a blessed day.
