Remember June's Midterm Weakness S&P 500’s midterm year pattern highlights June’s midterm weakness. Since 1950 June is the worst DJIA & S&P 500 months, 2nd worst for NASDAQ and Russell 2000. Selling tends to accelerate later in the month in conjunction with Triple Witching. pic.twitter.com/yQ8bbuDreA
— StockTrader'sAlmanac (@AlmanacTrader) June 6, 2022
Think another move lower aligned
Posted by kevindeng0727 on 6th of Jun 2022 at 10:50 pm
Think another move lower aligned with midterm year seasonaility will create a nice multi month rally - will it play out so perfectly?
https://twitter.com/AlmanacTrader/status/1533932317345038338?s=20&t=cgzMXtOTKFdS2vtl_iRmrw
SPX if nested 1-2 down
Posted by steve on 6th of Jun 2022 at 11:39 pm
SPX if nested 1-2 down targets 4040 but must break strong support around 4090
ES tested 4090 in globex
Posted by steve on 7th of Jun 2022 at 07:05 am
ES tested 4090 in globex session