Seasonality Trend
What I observed this year is that the seasonality trend has been quite strong and evident. For example, September has historically been the weakest month for stocks, and S&P 500 fell almost 5%.
Then for October, which is usually a weak month with high volatility, we saw the market popped at the start of the month, and plunged more than 5% in about 10 days.
Then for October, which is usually a weak month with high volatility, we saw the market popped at the start of the month, and plunged more than 5% in about 10 days.
November has traditionally been a strong month. And 3 major indexes gained more than 8% in that month.
Therefore, IF this seasonality trend continues, then we have good news for the bulls, because December is also traditionally a strong month too, though not as strong as November.
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