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Monday, 12/02/2024 10:19:17 AM

Monday, December 02, 2024 10:19:17 AM

Post# of 69016
$SPY has broken out above $600, with the BX Trender turning on the weekly chart—signaling bullish accumulation...
By: Peter DiCarlo | December 1, 2024

• $SPY has broken out above $600, with the BX Trender turning on the weekly chart—signaling bullish accumulation.

December is historically a strong month, and I anticipate the S&P 500 will continue to rally into year-end.

While short-term pullbacks are always possible, I’m expecting a classic Santa rally this season.



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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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