Summary
A seventh consecutive net monthly gain, if only by +0.1%. The November candle is spiky on the lower side, having recovered from 6521. Monthly momentum ticked a little higher, and is on the high side. A monthly settlement above the key 10MA (6242), as the mid/long term trend remains bullish.
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Summary
A sixth consecutive net monthly gain, the SPX seeing a
net October gain of +151pts (2.3%) to
6840,
having printed a new hist' high of 6920. Momentum
ticked upward for a fifth month, and is increasingly positive. A sixth monthly settlement above the key 10MA (6162), as the mid/long term trend should be seen as bullish.
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Summary
A fifth consecutive net monthly gain, the SPX seeing a net September gain of +228pts (3.5%) to
6688,
having printed a new hist' high of 6699. Momentum
ticked upward for a fourth month, and is increasingly positive. A fifth monthly settlement above the key 10MA (6066), as the mid
term trend should be seen as bullish.
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