We cannot determine January's market direction from one day's activity.
One day does not make a trend. One day of market gains does not mean the potential January decline has been cancelled. The first two days of January are part of the Santa Rally period because of the end of year retirement fund inflows. We need to wait for a couple days to see if this is just a fund flow event or something that can continue. There is no compelling need to be long the market. There is always another buying opportunity in the future.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays