S&P 500 Nov 03 to Nov 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Similar to Dow but weaker. S&P can only muster up 100& absolute range expansion. Closed the week above Y+2 and near week high.

Outlook
Unusual circumstances implies uncertainty ahead. It is better to wait for a day or two to see if the reaction to BOJ’s actions is too much. If so a pullback is in order.

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