Momentum is on (Jan. 2020)
The S&P 500 is still on "some" fire. Since Mid-December 2019 the three indicators "Market Momentum, Stock Price Strength & Stock Price Breadth" are on fire (see CNN Fear&Greed-Index, all 3 indicators on fire "Extreme Greed")!
If the S&P 500 can hold the support-level around 3,200 points, the momentum game could still have some legs...
Please check the Moving Averages, especially the 38days-SMA, if they can give support within upcoming days (if needed).