On the stock market August 18 2020 ... S&P 500 SPDR now testing key resistance at the 339 level ... this is not only the historical high the dynamics are also historical in that the macro economic situation is unprecedented ... the pundits and multinationals are all watching the upcoming U.S. election ... the results of this election will no doubt effect Global commerce for years to come ... and will be a major historical event ... consolidation is likely at this level for a while since it is summer time and the election will be gaining most media attention for the next couple of months