Short-term SPX Peak should be near;  DXY could strengthen into March

Near-term trends look to be turning down following a test of December 2023 peaks across multiple US indices on Thursday.  Weakness over the next week looks possible, and could kick off a larger decline which extends into March.  At present, 4682 from early January looks important, and could provide some support on weakness over the next 1-2 weeks.  Meanwhile, both US Dollar and US Treasury yields could extend further to t...

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