Rationalizations... Why is it going up you ask? I say "Why" doesn't matter as long as you can profit from it.
Larry Williams made his millions applying his 'seasonality' analysis to the commodities markets. (He is also known for inventing the Williams-%R indicator). My FLO Trades are a purely mechanical system that are based on some of Mr. Williams' conclusions but they are applied to the S&P 500 Index e-mini futures market.