The good news is that the market closed just above its high volume ledge. The last week of October is statistically bullish.
Most of the afternoon, the market stayed below the technical resistance, but above yesterday's low.
Going into the energy market close, we got a bullish $TICK divergence, but then a bearish divergence at the technical resistance.
Swing traders may have lifted the market in the last 20 minutes.
Charles
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