The ADX and OEW remain bullish. Price and volume is still mixed, but a handful of distribution days will fall off this count this week, so you could be forgiven for thinking this signal shows an uptrend at this point.
Q3 earnings season is mixed, October's jobs report came in better than expected, and the ISM manufacturing index showed contraction again. And the U.S. Fed lowered rates by 0.25% last week.
More commentary after the jump...Stock Market Outlook - Week of November 03 2019
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