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S&P 500 Oct 28 to Nov 01 Outlook
Lawrence’s Comment
This week S&P followed Dow instead of NQ. Consolidated above Y+1. Closed the week above Y+1 and near week high.
Outlook
A potential swing is in place with price break at B-1 to confirm with target below B-3.
Until the support level is broken S&P can continue to drift higher as we have seen significant decrease in volume.
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