NASDAQ AND DOW LEADS WITH NEW ALL TIME HIGHS. SPX 500 TO FOLLOW

The SPX500 needs to break and stay above the month pivot of 4992 till 1 feb 2024 to join the DOW and NASDAQ breaks above theirs. The US market has seen unbreakable resilience in 2023 paving the way for new highs going into 2024 if all 3 indices trend higher above their respectively monthly pivots.

Short Term UPTREND since 031123

Medium Term UPTREND since 271123

Long Term PULLBACK since 010622

Pivot 4992

Long positions above 4992 for new All-Tme Highs

Short positions below 4992 to test 4557