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19/12 Indices, page-4

  1. Calvo
    10,544 Posts.
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    19/12/22
    07:21
    Post #: 65361013
    Market almost always looks for a low around here called Xmas gifts for a rally into first week January.
    Another ~100pts lower on SPX will be ideal.

    upload_2022-12-19_7-20-40.png

    We have worked off extreme overbought condition.

    50% of stocks above 50 EMA is a nice set up for a Xmas bounce. upload_2022-12-19_7-19-51.png
    Last edited by Calvo: 19/12/22
    XJO Value at posting: 7,148.7
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    lightbulb Created with Sketch. 2  Great analysis
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