The Christmas market trend officially starts today (December 24) and lasts until the first two trading days of January.
Take a quick look at the statistics:
• Historically, there is a 76%-80% probability of an increase.
Since 1950, the S&P 500 Index has achieved positive returns in 58 out of 73 years (approximately 79.2%).
During this period, the average increase of the S&P 500 Index is about 1.3%-1.4%, slightly rising to 1.4% in the long run (1950 to 2023).
From 1999 to 2023, 76% of rebounds have brought profits, with an average return of 1.7% at the time of occurrence.
From @wallstengine