Charting My Interruption (CMI): “The time to pile in has passed, now its time to monitor.”


  • As the Santa Claus Rally continues to play out, the S&P has once again entered the primary resistance band between 4500 and 4700.
  • In our mind, while we like what we are seeing, now is not the time to pile into stocks in scale, with the S&P up about 10% in three weeks, smack in the middle of resistance.
  • The time for that was while the market was still oversold. Now, it is time to transition to "monitor mode" as we. . .

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