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Thursday, June 29, 2017 8:20:02 AM
Trading Ahead of Independence Day Holiday Usually Bullish
By Almanac Trader | June 28, 2017
It is not much of a surprise that the three trading days ahead of the Independence Day holiday have a bullish bias over the past 21 years. In a typical year at least 2 of the 3 days are in July and include the first trading day of July which has a very bullish record by itself. This year the holiday lands on a Tuesday so two of the three trading days before are actually the last days of June, but the end of the month usually finishes well with NASDAQ and Russell 2000 leading the advance.
http://jeffhirsch.tumblr.com/post/162370673608/trading-ahead-of-independence-day-holiday-usually
• DiscoverGold
Click on "In reply to", for Authors past commentaries
By Almanac Trader | June 28, 2017
It is not much of a surprise that the three trading days ahead of the Independence Day holiday have a bullish bias over the past 21 years. In a typical year at least 2 of the 3 days are in July and include the first trading day of July which has a very bullish record by itself. This year the holiday lands on a Tuesday so two of the three trading days before are actually the last days of June, but the end of the month usually finishes well with NASDAQ and Russell 2000 leading the advance.
http://jeffhirsch.tumblr.com/post/162370673608/trading-ahead-of-independence-day-holiday-usually
• 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!
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