Multiple bottoms form a foundation, there are only a few days left until January arrives. It is necessary to have a significant rally before the non-farm payroll and the annual CPI data is released. A pullback is expected to occur until the day the non-farm data is published, marking the transition between the new and old monthly cycles. It is particularly noted that next month's CPI is very likely to become a factor for a short squeeze, connecting to Trump's return to a bullish period.
US stocks will be closed over the weekend, so there is often a wave of activity on Fridays. The market's bottom has been touched, and the next rally is expected to break past 100k. Generally, there will be results by Monday at the latest, but the recent market has been a bit crazy, and even a quiet weekend should be watched for early rallies.
Therefore, this is also an opportunity to buy at the bottom.
