AMEX:SPY   SPDR S&P 500 ETF TRUST
I think we see continuation of this massive uptrend into the first week November. Persistent strength usually leads to more strength, and we have a bit more to go before this strength tapers off. Other evidence supporting this is wave principle, and the massive EOD buy volume spike on Friday. The close of the week and month are both important markers for institutions. Historically, November is the strongest trading month out of the year since the 1950s.

Feragatname

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