This week we look at how the passing of the election risk is a key moment for the market with a swift reaction being seen in a number of indicators such as market breadth, sentiment, risk pricing, and hedging activity. But given the presence of a number of bullish undercurrents such as improving earnings, and strong relative performance of key sectors, there's likely more to it than being just a relief rally. With the major event risk being taken off the table, at least for now, it's likely these bullish undercurrents will set the path of least resistance for the market...