What’s needed for the Santa Claus rally?

Technical Strategy Video:

Key Takeaways

  • Trends & momentum have stabilized short-term and prices are now nearing highs of recent 1 month consolidations in SPX, NDX and also nearing important trendlines for Value Line Geometric Avg, and Russell 3k.  Getting above resistance still needed to officially have conviction that Santa rally will get underway next week. 
Treasury yields look to be on the verge of breaking down;  M...

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