S&P 500: All Time HIGHS?Despite the binary expectations of analysts (if HC wins long, if DT wins short) we saw an amazing rebound followed by a green day. Apart from the unexpected price action, the MACD is also giving a buy signal. The 200DMA and 50DMA haven't crossed over, and thus I don't think this is the top. I would not be suprised if the price were to reach previous ATH or even create new ones. Still, despite the euphoric buying, I will not trade on either side the SP5000 . I will wait though for a top to form and then try to catch a good short entry. I will also NOT trade volatility and would recommend you to do so as well, unless you are very advanced.
Sp500long
If Clinton WinsIf Clinton wins expect 1-2 week rally for major indices. I expect a retracement back to the 2130-2140 zone where I will enter as short, because after the rally I expect more downwards movement to at least Brexit lows around 2010-2000. Since the lower BB is not widening, I expect a similar situation as 2014-10-13.
