S&P 500: The index may be heading down to retest the November 20 breakout at ~ 4,500


 The S&P 500 was up for the fourth straight week and could pull back this week to retest the November 20 breakout at ~4,500. The last time the index was up five weeks in a row was in June this year when the Fed decided to leave rates unchanged, following 10 consecutive hikes since March 2022.

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