Weekly Technical Update: Nasdaq 100 – Sunday, Nov. 10

Tasty cake with flag on bunch of paper dollarsImage Source: U.S. elections are complete, with the results producing as much division across the states as the lead-up to the elections created. Nonetheless, the Presidency and the U.S. Senate are now in the hands of the Republicans, while the House of Representatives remains unknown for a bit longer.The equity markets started to race higher on Tuesday during the elections — and while some credit the Republican wins for the rally, I’m personally giving more credit to the seasonal factors that continued to signal that a strong rally would begin in November.00:29:08More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Nov 7Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Nov 6Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Nov 4

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