S&P 500 Index - October close at record high suggests further gains

Probability Trader

www.probabilitytrader.com

S&P 500 Index - October close at record high suggests further gains. We note that the S&P 500 Index managed to close out October at a record level. Utilising the extended S&P 500 Index time series from Global Financial Data we find that record month end closing highs in October are reasonably Bullish looking forward 2-months. Since 1900, following a record October close the S&P 500 Index managed an average 2-month gain of 3.12% with a 13 from 16 win rate. Full data analysis & tables can be viewed at (VIEW LINK)


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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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