Stock Market Outlook - Week of November 01 2020

The stock market outlook flipped to a downtrend early last week, and continues with that label to start November.

The ADX continue to worsen last week, price & volume accelerated through the 50-day moving average, and the bearish OEW count found new life.

U.S. elections are Tuesday, and it's really anyone's guess as to how it will turn out, both from a Presidential as well as a Congressional standpoint.

More commentary after the jump... Stock Market Outlook - Week of November 01 2020