Peter Eliades SMC Update 11-16-20


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Peter I am surprise no comment on the trend line since 2009 you have discussed for last few months and Friday S&P closed above that trend line. You said if we see convincing close above for two days then market could be set up for a major rally. The trend line on close should be around 3564 or 3565 The S&P close today at 3626.91 that a significant close above the line

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