The market eventually shrugged off the most recent "tariff tantrum" and moved to new all-time highs. The breakout came on two gap days to the upside -- very strong action. That created support at the old highs, near 6750. There is also the major support below there at 6500-6550.
Volatility exploded between October 10th and October 17th, but in the end, it didn't have its usual bearish effect. Rather, $SPX found support in the 6500-6550 area multiple times, and once that held, the effects of higher volatility didn't seem to matter much at all. Now $SPX is making new all-time highs this morning.
