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September 01, 2020 10:18am
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Positive seasonality boost the S&P 500

Mid-week market update: The S&P 500 followed the typical pattern of consolidating sideways for about a week after an upper Bollinger Band ride before breakout out to a fresh all-time high. As recent history shows, it's impossible to know which way stock prices will break after the consolidation.

In many ways, the upside breakout was not a big surprise.
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