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S&P 500 Index (Bearish or Bullish?)

SP:SPX   S&P 500 Index
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The Standard & Poor's 500, often abbreviated as the S&P 500             , or just "the S&P",is an American stock market index based on the market capitalization's of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index             components and their weightings are determined by S&P             Dow Jones Indices. It differs from other U.S. stock market indices, such as Dow Jones Industrial Average             or the Nasdaq Composite             index, because of its diverse constituency and weighting methodology. It is one of the most commonly followed equity indices, and many consider it one of the best representations of the U.S. stock market, and a bellwether for the U.S. economy.The National Bureau of Economic Research has classified common stocks as a leading indicator of business cycles.

*Note: August and September had DOJI (or undecided candlesticks ), this month October is a RED candlestick .

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