After a 9-week bull streak, the first week of 2024 closed lower = strong weekly momentum reversal.
Expect some sideways-to-up move into around January 11-12 (Thu-Fri) before the continuation of a weekly bear trend.
Sunday, January 7, 2024
S&P 500 Weekly Reversal │ Robert Miner
After a 9-week bull streak, the first week of 2024 closed lower = strong weekly momentum reversal.
Expect some sideways-to-up move into around January 11-12 (Thu-Fri) before the continuation of a weekly bear trend.