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Christmas Rally Continues in 2022? Price Volume Analysis: S&P 500, Nasdaq, Dow Jones, Russell 2000
Happy new year!
If you are wondering whether the Christmas rally will continue into 2022, watch the short video (5 min) below where I go through what to expect next in the 4 US major indices — S&P 500, Nasdaq 100, Dow Jones and Russell 2000 from a swing trading perspective (e.g. weeks to months):
For position traders and long term investors, you might want to check out below the outperforming stock — Apple (AAPL) that makes or breaks the major indices because there is still over 50% upside ahead based on the point and figure price target projection.
I covered one key macro environment last week and I think this could be another important event that will be the catalyst for the stock market in 2022 based on the data for the past 71 years.
Take a look below at how the stock market behaves during the US midterm election cycle: