Santa Rally can start Next Week
Hello traders,
Overall SPY holding much better than 85% of stocks. In 2 weeks we just witnessed every day a new 52 wk low in stocks.
Some news from WHO, there is no recorded death case because of Omicron, hospitalizations and ICU treatments still low. Symptoms mild.
Fear & Greed index historically at low.
If Bulls can protect trend line, my target before new year between 490-492
Have a good weekends.
Overall SPY holding much better than 85% of stocks. In 2 weeks we just witnessed every day a new 52 wk low in stocks.
Some news from WHO, there is no recorded death case because of Omicron, hospitalizations and ICU treatments still low. Symptoms mild.
Fear & Greed index historically at low.
If Bulls can protect trend line, my target before new year between 490-492
Have a good weekends.
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