The market has been moving up for 4 consecutive days with strong rally and strong burst of strength as compared to last week's panic sell down. The winner for the presidential election is still unknown but the market just kept going strong. Looking at the Dow Jones chart, it was really a nice setup last week but since it was a presidential election which happened 4 years once, it pays wise to be prudent instead. The area of demand is going to be the next zones that I will be watching closely and maybe the market is pricing in the winner of the election while cautiously waiting for the counting and the results.
