Amazon

Wednesday, December 4, 2024

SPX and NYA: Santa Something

The last two sessions were pretty boring, so still not much to add to the past few weeks of updates.  Something akin to a Santa "rally" (or at least a Santa sideways-up move) is possible, if NYA follows this at all:



SPX is inching closer to the ol' extended fifth target zone:


I mentioned in the last update that I'm leaning toward SPX still needing at least one more 4/5 unwind higher, and that's still out there, as no appropriate 4th has developed since that update.  Trade safe.

No comments:

Post a Comment