We continue to be bullish heading into the new year, but are not chasing this rally (cash is still a position). Here is the quickest rundown you can get (feel free to email us with any further questions gmgmacroresearch@gmail.com):
QQQ needs to break above 400 & 4725 for the S&P 500 to continue the rally (figure 1 & 1.1)
The market went from extremely ove…