The plunge protection team managed to get the SPX daily to close back above the 100 day MA to end the week. We did see a couple of dip and recover moves in early October 2014 before it let go and dropped until mid October when Bullard from the Fed muttered about QE4 and away she went. The weekly MACD and weekly stochastic are crossed down. The $USD/JPY recovered on Friday so it could continue to gain ground back in the week ahead which will also lift the SPX. Just have to play it day by day at the moment.
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