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SMO Exclusive: Market Strength Score 2024-01-02 (-21%) vs. 2023-12-29 (+85%)

Brian Degracia

• 1 min read
SMO Exclusive: Market Strength Score 2024-01-02 (-21%) vs. 2023-12-29 (+85%)
Based on the objectively-determined Strength Score the market is currently in Zone 4 as of 2024-01-02.

The new year brings a new signal.

U.S. stock market = “No New Longs” mode.

This is based on the 2024-01-02 Market Strength Score = -21% (Zone 4, Weakening Early).

12/29/23 = +85% (Zone 3, Strengthening Late) per yesterday’s post.

🔹 Signal duration depends solely on objective market action measurement.
🔹 It conveys what “is” – not “why,” or for how long.
🔹 It is a reliable tool to enforce discipline, prevent unforced errors, eliminate emotion and confusion, and make sound decisions in all market environments.

The current Market Strength Score is -21%, or Weakening - Early (note the red "cloud" marking the current score).
The previous Market Strength Score was +85%, or Strengthening - Late (note the green "cloud" marking the current score).

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