The next US president may well have been elected yesterday, at least by Wall Street which jumped by almost 3%. This is confirmed by our buying/selling index and by our capitualtion index that registered record buying pressure as the major indexes are close to test their 200 day moving average that should act, according to the theory, as a resistance. 3434 stocks advanced on the NYSE compared to 505 that declined and record inflow of money entered into the market at the close as measured by the tick index. The weekly investment survey points out to a resurgence of bulls which comprises almost a third of the respondents. Our model is approaching the neutral level and as previously mentionned, major indexes reached a crossroad as they have retraced almost 50% of the latest decline.