Stocks are edging up, but are having some difficulty at the technical level of 3396. After this level we have a vacuum zone up to 3427. There is very little momentum to this rally we have been seeing over the past two days, as measured by the Kovach OBV. Thus, it is likely to see another dip before stocks return to bull mode, solidly. In fact, we probably won't get a significant rally until after the election. Even if stocks continue to rally today, we are still in a sideways corrective phase, so watch for some good dips to buy for the long term. For the short term watch the levels.
Join my discord at discord.io/quantguy
