Low Volatility
10-day ma of daily changes (absolute value) is below .20

    Bullish Outcome
           1940 (1), 1943(1), 1944(1), 1952(1), 1957(1), 1960(1), 1961(1), 1964(2), 1965(2), 1968(1), 1994(1)
           1996(1), 2012(1)   N= 15

    Bearish Outcome
           1945 (1), 1948(1), 1952(3), 1953(2), 1956(1),1957(1), 1964(2), 1965(3), 1969(1), 1978(1)
            1979(1), 1994(1), 2005(1), 2013(1), 2014(2)  N = 22

   Since 2000
         Bullish  N = 1
         Bearish N = 4

    Pres. Election Years
         Bullish  N = 9
         Bearish N = 7