S&P 500 at Decision Zone

As the country enters its decision zone, the S&P 500 Index is at one too.

Here is a chart that shows we are at a major support-resistance zone.

 

161106 SPY at Decision Zone

via StockCharts.com.

 

We just saw a long string of down days. U.S. stocks just posted their longest slide since 1980 (nine straight days).

Regardless of what happens here, I expect volatility.

What about you?

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