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What a week for the S&P 500

November 11, 2016

 The S&P 500 (SPX) rallied 100 pts this week, back up to the YearlyR1 Pivot. All eyes will be on this level next week. A new high of year over SPX 2195 would be bullish to Yr2 (2300), and likewise another failure here would be bearish to SPX 1997(YP).

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