A look at the yearly S&P 500 chart with trading about to get underway

S&P 500 futures 16 points higher

US equity trading is about to get under way for a new year but before a new yearly candle starts, here's a look at the yearly chart.

We don't look at it often but that bullish reversal is impressive:

S&P 500 futures 16 points higher

It would take a 13% decline to get back to the 2019 closing level.

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