S&P 500 Nov 10 to Nov 14 Outlook

By News Robot

Lawrence’s Comment

Recap
Pullback over first 2 days and then NFP week pattern took over. Closed the week above Y+1 and midpoint.

Outlook
Thin rising channels do not last. They are also often important swing top for daily level swings. Watch for sudden take down to 2000 and below. It is not necessary the beginning of something serious, just realignment of inventories.

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