I hesitated yesterday to hazard a guess about the next big move, but it now appears the Indoos are torquing up for a possible 549-point romp. However, this would be predicated entirely on an easy and decisive push past the 25,629 midpoint Hidden Pivot resistance shown (see inset). This is a big ‘if’ at the moment, since the DJIA will surely tank if Democrats take the House. The over/under bet is prohibitively expensive if DIA straddles are used, so we’ll repair to the sidelines and await the election returns like everyone else. For investors, tonight’s vigil puts one in mind of the science fiction film that ends with uncertainty over whether a meteor will collide with Earth or miss it by an inch. For investors, a big night for the Democrats would be almost as bad as the meteor hitting smack dab in the middle of the American heartland.______ UPDATE (Nov 7, 9:15 a.m.): Here comes that 549-point rally!  My friend Larry Amernick, a technical forecaster, explained the stock market’s blase reaction to the election as follows: The investigations and impeachments the Dems have threatened will go nowhere, and ratcheting up their nastiness won’t phase Trump. Legislatively, they will destroy their chances in 2020 and ensure Trump’s reelection if they are perceived as too obstructionist. They are no longer the opposition party and will thereforeneed to Do Something legislatively. They now completely OWN Obamacare, and the Republicans can sit back and relax. Pelosi, Waters et al. can’t do any real damage with the GOP firmly in control of the Senate. Etcetera.