Bank of America technical analysts like S&P 500 through to the end of the year

[forex4you]

Bank of America technical analysts like S&P 500 through to the end of the year

In brief, the argument from the analysts at Bank of America is bullish seasonality:

• if S&P 500 is up YTD to end of October (not there yet, but looks likely!) the index is nearly 80% of the time for the November-December period
  • median returns of 4% and 4.27% respectively
• pattern occurs even in election years ... November and December are even better in these years

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Bank of America technical analysts like S&P 500 through to the end of the year

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