Bank of America technical analysts like S&P 500 through to the end of the year

In brief, the argument from the analysts at Bank of America is bullish seasonality:

if S&P 500 is up YTD to end of October (not there yet, but looks likely!) the index is nearly 80% of the time for the November-December periodmedian returns of 4% and 4.27% respectivelypattern occurs even in election years … November and December are even better in these years

This article was written by Eamonn Sheridan at www.forexlive.com.