Daily BriefsUnited States

Daily Brief United States: S&P 500 INDEX and more

In today’s briefing:

  • EQD | Here Is Why the S&P500 MONTHLY Rally Could Continue in December


EQD | Here Is Why the S&P500 MONTHLY Rally Could Continue in December

By Nico Rosti

  • The S&P 500 INDEX will probably continue to rally in December (as long as the November rally does not reach extreme OVERBOUGHT conditions.
  • The OVERBOUGHT condition begins at around 4600, so the index is NOT overbought (yet).
  • The index will probably pullback soon for 1 or 2 weeks and then you can buy to ride the continuation of the rally into December (classic Christmas Rally).

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