Tuesday’s gains likely jumpstarted the move to 4120

*No video today, please see my CNBC appearance this evening*

Following nearly two weeks of sideways churning, Tuesday’s minor breakout likely jumpstarts the short-term seasonal boost into early December.  While defensive groups largely outperformed over the last week, Tuesday’s gains on bullish breadth helped SPX finish at new multi-day highs, breaking a minor consolidation pattern.  Wave structure, seasonality and short-term cycles all point towards higher prices in...

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