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Saturday, March 18, 2017 9:53:46 AM
Positive January Trifecta Pattern Indicates Next Leg Higher Begins in Early April
By Almanac Trader | March 18, 2017
In the following chart S&P 500 historical average performance has been plotted comparing “All Post-Election Years,” “January Trifecta Positive,” “January Trifecta Positive - Post-Election Year” and 2017 as of today’s close. Thus far, S&P 500 has been tracking “January Trifecta Positive - Post-Election Year” (purple line) rather closely. Even March’s mild downtrend is mirroring the historical pattern. Should S&P 500 continue to track this pattern, then it is likely to begin its next leg higher in early April just as earnings season gets underway in earnest.
http://jeffhirsch.tumblr.com/post/158525327003/positive-january-trifecta-pattern-indicates-next
• DiscoverGold
Click on "In reply to", for Authors past commentaries
By Almanac Trader | March 18, 2017
In the following chart S&P 500 historical average performance has been plotted comparing “All Post-Election Years,” “January Trifecta Positive,” “January Trifecta Positive - Post-Election Year” and 2017 as of today’s close. Thus far, S&P 500 has been tracking “January Trifecta Positive - Post-Election Year” (purple line) rather closely. Even March’s mild downtrend is mirroring the historical pattern. Should S&P 500 continue to track this pattern, then it is likely to begin its next leg higher in early April just as earnings season gets underway in earnest.
http://jeffhirsch.tumblr.com/post/158525327003/positive-january-trifecta-pattern-indicates-next
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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