Look at the market rally today.
I think the up move is going to stay. From Technical analysis point of view, it is going to stay probably for a good 1-2weeks. Mid term election, govt stimulus, continue to let the dollar continue to go lower, the market will get prop up or some say inflationary rally.
All the major indices and Euro currency index are trading in a parallel channel. The US indices have go through a triple top and move right through.
However my analysis of being long by end of Oct still stay. I believe a drop is near. But again, i can be real wrong about all this.
