S&P 500 - Bulls are back in town?

Today is the first trading day this year where the index closed above the two standard deviation upper Bouhmidi-Band. This happens rarely and could be a signal for the start of a new bullish momentum heading towards december.
Beyond Technical Analysisbouhmidibouhmidibandssp500indexS&P 500 (SPX500)VIX CBOE Volatility Indexvolatilityindicator

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