The full post can be found here.
Consolidating for a rally
November 17, 2021 at 16:13 PM EST
Mid-week market update: My trading view remains unchanged. The market is consolidating for a rally into year-end (see The seasonal rally is intact). Initial S&P 500 support on the hourly chart is at about 4680, and secondary support is at 4630-4640. If the S&P 500 breaks out to an all-time high, we're off to the races.
![](https://blogger.googleusercontent.com/img/a/AVvXsEgh86FxJiv9POl-OQZeni9l0Ezh102oRrRB2E3uaNmB3UXkrCmpPEPXyRNUHHEFQNw1CZd4jfGBJdM2gY0o7BD8HeLtca6Je0jxk2DwwBwgWpugRTFfo6DK7qYNAIhExoHFtCvJ2MmoWWZyKgzXdQsqpQ1nqCeUUPV6vj-f54MKDsPnCpalsZc4GZ7Rqg=w400-h179)
The full post can be found here.
The full post can be found here.