The Santa Claus Rally starts today, marking the last five trading days of the year and the first two of the New Year.
Historically, NASDAQ and Russell 2000 lead the day-after-Christmas gains, advancing 72.2% of the time since 1988. S&P 500’s December strength continues as a key seasonal indicator, with its performance often hinting at the year ahead.
A missed rally can signal bearish markets.
...The holiday cheer continues as SPX nudges into a prior range, targeting 6100. Overnight futures show a slight dip, setting the stage for a rally.
Profits are rolling in from bullish trades, with managed positions recovering and new opportunities ahead.
Business as usual resumes in a stop-start market rhythm leading into the New Year.
...The SPX Income System delivered a perfect holiday trade! Using the “Tag ‘n Turn” setup, $12.00 was collected with a 7-DTE broken wing butterfly.
After breaking through its bullish trigger, SPX rallied, hitting the profit target in just 4 days. A failed bearish move on Friday paved the way for this bullish success.
Another fantastic win for the SPX Income System, adding to the streak of profitable trades in November and December.
...Yesterday’s analysis was spot on, with SPX delivering a narrow trading range day.
$ADD signals still point to bullish momentum heading into the official Santa Rally window.
With half a trading day left before Christmas, I’m holding my bullish stance and watching for pulse bar setups. Let’s wrap up the year strong and start the next one even stronger.
Happy Holidays—time for pigs in capes and plenty of cheer!
...Friday’s failed bear flag turned bullish quickly as SPX rallied through the bull trigger.
However, a late-day pullback hints at a pause for Monday. With wide Bollinger Bands contracting, expect consolidation during this shortened holiday week.
Bullish income swings are close to profit targets, and I’m waiting for clearer signals before jumping into the next trade.
...Last week’s bearish SPX breakout smashed through range targets, with Friday’s bear flag projecting a move down to 5730.
This selloff feels reminiscent of December 2018 but could be short-lived. If the bear flag breaks, the bull trigger is set at 5950. SPX Income Traders, playing both sides of the market, are well-positioned for gains no matter the direction.
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