S&P 500 - A record closing high in December is usually Bullish 20-days forward
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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)
Probabilitytrader is an independent financial research group that provides objective analysis for traders of Global Stock Market Index CFDs, ETFs, Futures, and Options. Our forward looking analysis covers timeframes as short as 1-day to as long as...
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Probabilitytrader is an independent financial research group that provides objective analysis for traders of Global Stock Market Index CFDs, ETFs, Futures, and Options. Our forward looking analysis covers timeframes as short as 1-day to as long as...
Expertise
No areas of expertise