Hi A, what do you think about the ALSI seasonal daily factor with 31 st Dec being normally very green and the S&P and NSDQ very green the first two days after new year?
but I agree that the S&P is currently very over extended not that it cant go more overextended - Your thoughts?
( I seem to be unable to attach or paste in line the graphic showing the very positive seasonal two days after new Year I just mentioned)
First 3 days of January indicates on what year we are going to have...same with 1st day of the month, not always for certain but is 70% the case!
First 3 days of 2013 was very green and look where we ended, with QE3 coming to an end you can bet 2014 going to be down!
But as 2013 were bullish we had big downswings also, same with 2014...will end very bearish but first half should be bullish!
Seasonals and charts must always align!
A