Santa Rally Fades in a Day: Technical Signals Outweigh December Statistical Optimism
Technical indicators raised warning flags two weeks ago, this edition provides additional charts for SPX, NDX, and IWM. The market has two trading days to fix bearish setups in long-term timeframes.
The week opened in Santa Rally mode, but the overall setup analyzed in this publication during the last two weeks prevailed: two weeks ago the warning signs were raised in the middle of the euphoria, last week the setups were confirmed.
This edition brings additional charts for SPX, NDX, and IWM; with the technicals that are raising yellow flags compared with previous occurrences. Charts do not repeat themselves, but technical patterns do.
Get access to the most comprehensive view of the market including 25 charts with U.S. Indexes/sectors (SPX, NDX, IWM, SMH), Bonds, Stocks (NVDA, AAPL, MSFT, PLTR, GOOG, META, AMZN, TSLA) Commodities (SLV, GLD, NAT GAS), Bitcoin, and contextual indicators.
This publication raised the bullish signs for TSLA, Bitcoin, Google, Amazon before their respective rallies, and the bearish ones for Silver, Gold, Meta, Natural Gas, and Bitcoin, before their recent declines.
These are the most recent publications during this celebrations week, and when subscribing you have access to all the library, including timely/current/up-to-date publications of 35+ top companies fundamentally analyzed, macro indicators, and educational library.
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