S&P500 (weekly candles)
The 2023 yearly target remains above the January 2022 high at 4,817. Price currently above Level 2 and above the July 2023 third quarter's high. 2023 is still an Inside Year, inside of the 2022 price range. The 2023 fourth quarter is an Outside Quarter. Eight trading days left before the year closes for another 120 to 140 points up into the Level 3 price target at 4,857 or even 5,000. From there a retracement down to around 4,587 - 4,440. The seasonal chart points to the 2023 high around Dec 26 (Tue). See also: The Yearly Market Maker Breakout Template.
S&P500 (4 hour bars)
Week Dec 18-25 sideways-to-up; Year-End-Rally; early January 2024 high around 5,050.
