Lots of reasons to suspect 4Q of 2022 might turn out like 1962

Friday’s about-face seemed impressive after just a minor pullback late week. Yet a few negatives remain present that will need to be resolved before projecting higher into December.  First, negative divergence remains between the NASDAQ and $SPX (See NASDAQ below) as prices remain under early October highs.   Second, DeMark indicators are now showing confluence of 60, 120 min and Daily TD Sell Setups which argue for a stall out. ...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In