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Sunday, January 7, 2024

S&P 500 Weekly Reversal │ Robert Miner

December 29, 2023 = weekly high.

After a 9-week bull streak, the first week of 2024 closed lower = strong weekly momentum reversal.

January 05, 2024:

Expect some sideways-to-up move into around January 11-12 (Thu-Fri) before the continuation of a weekly bear trend.