SPX not in the clear just yet; Lots of work to do despite recent bounce

Happy New year to All !  Tune into my 2025 Technical Analysis Outlook webinar on 1/7/25.

SPX is still technically within its bearish short-term consolidation pattern that began nearly five weeks ago, and the last couple of days of index gains have proven insufficient toward turning trends back to bullish.  Treasury yields and US Dollar remain pointed higher in the short run and might stay elevated until the Inauguration, w...

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