Friday 11/2

[theMist]

Jim's video

More signs that the S&P is in the process of reversing back up after a rather brutal couple of weeks. That does not mean we go straight
up from here (though... we COULD). What it means is the first part of a reversal has been accomplished - getting over two fairly well-defined
and clear lines of resistance. It is possible that we back test one or both of these lines so do not be too surprised if there is another couple of
rough days at some point in our near future...

[theMist]

S&P Futures

Double bottom measures low 2800

[huh]

One last major resistance to clear now to confirm if the recent down move is actually dead, or if this pop is only a dead cat bounce...S&P ~2767:

[theMist]

S&P Hourly 

This circled area can still be a iH&S pattern
Also, have confirmed double bottom that just backtested this hour
and hoping backtest is over with, even though there is more wiggle room to the downside

Both measure SP low 2800s

[lasvegas77]

looks to me like it was a great idea to take that 7 week vacation. Still not anywhere close to getting back in though. Might be out until next year.