End of February Can Disappoint Bulls By Almanac Trader
* February 23, 2017
Over the most recent 21-year time span the end of February has been tepid. The bulk of the weakness appears to land on the last trading day of the month or the penultimate trading day, but it can begin as early as the fourth to last trading day. This weakness has been evident in Februarys with a gain or a loss. Perhaps it is the winding down of earnings season that triggers weakness in some years. This weakness can be seen graphically in an earlier post titled “Mid-February Historically Stronger then Beginning or End.”
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
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.