Powell triggers greed

3 bullish tidbits

1. Seasonality, bulls argue that Santa rally typically kick in over the latter few weeks of December.

2. Market breadth, as measured by 10-dma of new 52-week highs minus new 52-week lows (from a competitor firm) is on bullish breakout watch across the US indices.

3. Next couple of weeks represents the strongest corporate buyback period of the year.

SPX - post Powell technicals