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Jim Wyckoff

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Santa Claus rally in U.S. stock indexes

December 18, 2023 by Jim Wyckoff

The U.S. stock index bulls are enjoying price uptrends on the daily bar charts amid the seasonal Santa Claus rally just ahead of the holidays. Easier central bank monetary policies and cooling inflation have put traders and investors in upbeat moods to end the year. The path of least resistance for the stock indexes will remain sideways to higher until there is a solidly bearish chart clue to suggest otherwise. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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