Charts I’m Watching: Dec 20, 2023

Futures were off moderately after disappointing Fedex earnings/outlook and in advance of consumer confidence and existing home sales, both due out at 10am ET. Despite strong prints that argue against rate cuts, stocks are back in positive terrritory.Maybe we’ll finally get that long overdue backtest. SPX closed yesterday at one of the most overbought levels in almost 30 years.continued for members


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