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

Probability Trader

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S&P 500 - A record closing high in December is usually Bullish 20-days forward. We note that Wednesday's final print of 2,074.33 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 tailwinds. Since 1928, following the 1st record closing high of December, the S&P 500 Index was higher 20-days later on 13 from 16 occasions providing an average gain of 1.49%. Full data analysis & tables can be viewed at (VIEW LINK)


Probability Trader
Quantitative Research Analyst
www.probabilitytrader.com

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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