Despite no Santa Rally yet, SPX remains poised for a potential bullish push as the week unfolds.

Bearish triggers lacked momentum, and $ADD’s bearish extreme suggests upside potential.

Overnight futures show promise, and the Tag ‘n Turn system is ready for action. A bullish start to the year might still be on the cards.

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SPX rebounded sharply after Thursday’s sell-off, forming a potential inverted head-and-shoulders pattern.
Friday’s candle hinted at a narrow-range day, but bearish triggers remain absent.

Price retests its daily rising channel low, keeping the bullish bias intact. With $ADD at a bearish extreme, a short-term bullish move could kick off this shortened holiday week.

As these income swings will profit from sideways-to-bullish action, no immediate action is required unless SPX pushes below Friday’s low.

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SPX hovered near the prior range low on Thursday, teasing a move to 6100 but losing steam. Momentum slows as the week wraps, and I’m sticking with my bullish bias.

While a bearish pulse could tempt some, I’m holding off on bearish trades until a clear reversal is confirmed.

Futures hint at another small gap lower, likely followed by a bullish session unless bears decisively take over.

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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.

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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.

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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!

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