Market Pulse on December 9th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3135,96 -9,95.

The stock market drifted slightly lower after Friday’s swift runup in quiet trading. There are only nine important trading days before the end of the year and the best scenario would call for a continuation of the correction/consolidation we are in, down to the high 3000 low 3100. That would allow our indicators to improve somehow and set up the prerequisite conditions for a strong January’s rally. Most of our indicators closed around their neutral level.

 

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