We all know why the market is rallying. Dovish tilt by the Fed solidifies the likelihood for a soft landing before they lower rates and economy picks up steam. That is about as bullish of a recipe as you can have.
With that stocks are sprinting towards their all time highs to close out 2023. Thus, I thought it might be interesting to review the 3 key stock indices to see how far away from their all time highs...and what that might tell us about price action going into 2024.
