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Stock Indexes Rejected At Resistance Signal Another Correction

Stocks struggled with overhead resistance for the past week. While seasonal trends usually favor a year-end rally, this year’s rally may already have finished.

January will be the month to watch. If the market closes with a positive January, we almost always have a strong year for stocks. But if not, we could be in for a doozy of a bear market in the first half of 2023.

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