Seasonality may be showing a temporary top as we close the month of October. We broke the key trendline/pitchfork today beneath all of the FOMC related volume. I expected continued selling into next week.
Comment
⋅
Back testing the broken fork rail here.
Comment
⋅
Remarkable confluence to the 10 year seasonal this year for SPX and DJI. This says we don't even get a relative top until next week.