Election Day

electionIt seemed like it would never get here.  And, of course, it won’t be over tonight. It’ll merely be on to the next chapter: the bickering, the legal challenges, the market fallout.

The algos voted yesterday, with an incredibly strong push that exceeded three upside targets. The only silver lining for bears is that yesterday’s excesses are settling out, with backtests of that overhead “resistance” quite likely.

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