Are You Ready for the January Rebound?
Hey, Ross here! The S&P 500 just broke through not one, but two bearish “head-and-shoulders” patterns. The first pattern failed to deliver its bearish signal, and now the second has followed suit—suggesting positive momentum may be returning. While it’s too early to declare a full reversal, the signs are promising. That said, I’m still watching key concerns, like weak participation and the need for a broader rebound. Despite these challenges, this market still offers plenty of opportunity. Let me explain more.