I have no hard evidences but I kind expect a green Monday, not very convincing but they’re the best I could found:
See green arrows, seems in the past 10 months, the 3rd last trading day of each month was generally bullish (7 out of 10), although the last 2 trading days were not so bull friendly.
Seasonality wise, the next Monday is the 3rd most bullish day in June.
One bad news for bulls though: I’m going to WOW in the weekend report. The last 8 times I WOW-ed, were in 06/02 Market Recap, 05/26 Market Recap, 05/18 Market Recap, 05/12 Market Recap, 05/03 Market Recap, 04/29 Market Recap, 04/20 Market Recap and 04/14 Market Recap.
Enjoy your weekend! |