The market is due for a pullback. However, I suggest spending time analyzing monthly charts across the market. Since the 1980s, the monthly squeeze on the S&P 500 (SPX) has printed 11 out of 12 times, causing a massive push for the market. Since the squeeze officially fired long, the market could head towards $5,100 in the first Quarter of this upcoming year.
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Stay Focused,
Taylor Horton