So far we have obeyed seasonality very well for the month of December. We are currently at the end of the mid month chop and sideways movement, and I suspect that the large increase in the second half is the result of the quarterly GDP report catalyst.
Circled in the link is where we are in the seasonal profile. It seems that selling in the first part of January is best.
ibb.co/dXkGqR
Circled in the link is where we are in the seasonal profile. It seems that selling in the first part of January is best.
ibb.co/dXkGqR
Comment:
Yes, so it will. 0.71 - 0.715 by New Years.
Comment:
Target is the 200 Day SMA.