Daily View 2015.11.7

Looking at the S&P on the daily, we find ourselves roughly midway to the top of the established longer term range, which falls around 2110.

S&P 500, daily

S&P 500, daily

The only major technical hurdle remaining is the all time high around 2136, above which we can expect more upside on a breakout. Support on a break lower falls around 2050.

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