themarketzone

Post Christmas Rally send SPX back above monthly trend line

FX:SPX500   S&P 500 Index
The post Christmas Rally has sent SPX back above the monthly uptrend line.
That perhaps improves the odds the January will be a better month for stocks than November and December.
The 200 weeks MA (that was the trigger for the rally) and the monthly line should be in your "monitor carefully" list for the beginning of 2019

Happy New Year!!
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