S&P 500 - A record closing high in December is usually Bullish 20-days forward

Probability Trader

S&P 500 - A record closing high in December is usually Bullish 20-days forward. We note that Monday's final print of 1,808.37 marked a new record closing high for the S&P 500 Index. This type of positive momentum in December has a tendency to assist the usual seasonal upside. Since 1928, following a record closing high in December, the S&P 500 Index was higher 20-days later on 12 from 15 occasions providing an average gain of 1.48%. Full data set & analysis at (VIEW LINK)


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