Seasonality scenario indicates for the ASX, sell in May, and buy back in in mid-July. The banks going ex- dividend could drop a fair bit more than the dividend amount plus franking credit value. The TA for the daily XJO is indicating a likely top, so going short looks to have a better outcome at this moment than remaining long. Anyway, that is my strategy, but who really knows?
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Seasonality scenario indicates for the ASX, sell in May, and buy...
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