Bullish Indications 1. Higher Highs and Lows 2. Tweezer Bottom and Bullish Engulfing on HL 3. Break 0.5 fib support level 4. Break Upper Resistance Trendline 5. Formation of Bullish Flag 6.12 out of 16 years December remains bullish 7. Trend is not mature enough to make it a reversal
Seasonal Data for the Past 15-16 Years Dec-06 => Green Dec-07 => Green Dec-08 => Green Dec-09 => Green Dec-10 => Red Dec-11 => Red Dec-12 => Green Dec-13 => Green Dec-14 => Red Dec-15 => Green Dec-16 => Green Dec-17 => Green Dec-18 => Red Dec-19 => Green Dec-20 => Green Dec-21 => Green