The Technical Indicator: Bull trend strengthens: S&P 500, Nasdaq clear 20-day volatility bands

Bull trend strengthens: S&P 500, Nasdaq clear 20-day volatility bands Focus: Emerging markets tag two-year highs, Apple and Amazon stage event-driven breakouts, EEM, AAPL, AMZN, FSLR, ADBETechnically speaking, the U.S. benchmarks’ bigger-picture backdrop has strengthened amid unseasonably constructive October price action, writes Michael Ashbaugh.

The Technical Indicator: Bull trend strengthens: S&P 500, Nasdaq clear 20-day volatility bands

Bull trend strengthens: S&P 500, Nasdaq clear 20-day volatility bands Focus: Emerging markets tag two-year highs, Apple and Amazon stage event-driven breakouts, EEM, AAPL, AMZN, FSLR, ADBETechnically speaking, the U.S. benchmarks’ bigger-picture backdrop has strengthened amid unseasonably constructive October price action. Against this backdrop, the S&P 500 and Nasdaq Composite have reached less-charted territory, rising within striking distance of record highs.