US stocks bounced well overnight and the broad based S&P500 looks / feels like its already made a short-term low especially as the trends still up. However if we can see a Christmas rally towards 4800, only 3-4% away, we would still be advocating fading the strength i.e. doing what feels uncomfortable has paid dividends through much of the year with this trend still on point so far this week.
MM remains mildly bullish US equities into 2022
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