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2,958.8 standard & poor's 500

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watchthisrise

902 Posts.

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31/12/23

14:36

Post #: 71675494
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Originally posted by Tarvold: ↑

Call it a guess if you like, there's no such thing as a certainty otherwise i'd be so rich I wouldn't be posting here.

Statistically Feb is one of the worst months & in those years the correction starts after the Christmas holidays before the end of Jan.

The market has had a considerable run up based on interest rate cut expectations & IMO is pricing in near perfection.
A sober reality may be in store in Jan hence the strong possibility of a correction.

Now as I said before I don't do short term positions but if I did Jan would be one of the few times I would try.

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Okay, so you're purely basing a reversal on month of year and guessing. okay...

Value at posting: 2,958.8
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