Weekly Technical Update: S&P 500 - Sunday, Nov. 10

The S&P 500 has continued to move higher in response to the US election, with markets factoring in how the administration may benefit certain sectors.

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The S&P 500 has continued to power higher in response to the US election results, with the markets factoring in how the incoming administration may benefit certain sectors. However, the seasonal factors have also continued to indicate that a powerful "year-end" rally should still be expected during November -- and here we are in the midst of it all being condensed into what appears to be a shorter time frame.

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