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Can We Expect An Election Rally?

Market Chart

Seasonal charts are pretty, but mean little on their own, what we need is cycles to marry up to the same play.

Bespoke Seasonal for Election Years.

S&P500 Average Annual Return

When cycles bottom and swing up, confirmation secured.

The Semiconductor (SOX) cycle is critical to the NASDAQ, the NASDAQ is a sector leader.

SOX

 

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