Seasonal analysis shows an interesting scenario for SPX

It is easy to change our attitude towards extreme bullishness, especially if we compare the current picture of the S & P500 with that of 1998 and 2013. Seasonal analysis shows an interesting picture of the development of the index in a similar situation in which we are now. Although there was a more severe decline in the 98s before the index continued its upward movement, in 2013, the correction was smaller, practically within the current range, which the indexes are already breaking and up.

Graphs: Thomson Reuters

 Trader Martin Nikolov

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