I can't find the link at the moment, but Zero Hedge mentioned that the end of the month is when the Fed sells bonds to meet their balance sheet commitments, so tomorrow should have a weak bias. So maybe we stall out some more and finish up a triangle pattern down around 2660.
Fresh money on November 1 should finally give us the boost to get through the overhead channel resistance from the decline. Once we're through and retest it as support, we'll keep going, because it's a C wave, an impulse.
|SPX 5 min|