...Seasonal statistics
show the S&P 500 puts in an intermediate term market peak on or
about September 16
th and trades lower into October 9
th....Bulls should not be in any hurry to step in
as
the average drawdown from the September highs to the
October lows has been -8.5 %,which equates to roughly
S&P 1855. The market is only -1.5% off the recent highs...
Small Caps typically falter the most during this period of
the year....good trading
Seasonals
Posted by hazbin1 on 16th of Sep 2014 at 08:34 am
...Seasonal statistics show the S&P 500 puts in an intermediate term market peak on or about September 16 th and trades lower into October 9 th....Bulls should not be in any hurry to step in as the average drawdown from the September highs to the October lows has been -8.5 %,which equates to roughly S&P 1855. The market is only -1.5% off the recent highs... Small Caps typically falter the most during this period of the year....good trading
thanks for sharing
Posted by morton13 on 16th of Sep 2014 at 09:01 am