Santa Rally can start Next Week

Hello traders,

Overall SPY holding much better than 85% of stocks. In 2 weeks we just witnessed every day a new 52 wk low in stocks.

Some news from WHO, there is no recorded death case because of Omicron, hospitalizations and ICU treatments still low. Symptoms mild.

Fear & Greed index historically at low.

If Bulls can protect trend line, my target before new year between 490-492

Have a good weekends.