The S&P 500 (SPX) ended November up 5.38% as the stock market finished with a bang yesterday after Fed Chair Jerome Powell's speech hinting a slow down the Fed's pace of rate hikes. How do you think it will be for this month? Will the SPX reach 4,300 before the end of 2022?

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  2. I wouldn't be surprised if it briefly went over 4300, but honestly, no. I think this rug gets pulled. If the trend persists above the 200 ma until next Thursday, I would say there are much higher odds of seeing 4300.

  3. Historically it should rise but my gut says not that much. There is a lot to consider. Job data, Senate run off, rate hikes (how much). Could be a lot of swings that keep it short.

  4. Despite my vote, I’m tactically bullish for trading options. I expect volatility where prices spike to the downside then bounce back.

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