In today’s briefing:
- 2023 Kickoff Trades
2023 Kickoff Trades
- SPX macro top and sell call from 4,150 targets 3,300/200 where a base and low is expected ahead of a more bullish 2H23.
- Cycle: Equity weak bias into January 8 if not closer to the 18th. From January 20 onwards we see a tactical rally cycle unfolding (still within the more bearish Q1 framework).
- Asian positioning outlined with charts and details to follow once markets come online.
💡 Before it’s here, it’s on Smartkarma
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