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Jim Wyckoff

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Stock index bears in control heading into 2023

December 30, 2022 by Jim Wyckoff

The S&P e-mini stock index futures market is trending down and the bears will enter 2023 with the near-term technical advantage. The bulls were disappointing there was no significant “Santa Claus rally” this year. See the support and resistance lines on the chart. Those are the two key near-term price levels for traders to watch very closely. Stay tuned! Jim Wyckoff

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

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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