We Made It Through – Sort Of
It’s Monday so it’s time again to take a look at the statistics for week #42. By the way last week did end up in the plus but barely so, and it took the long way to get there. So pretty much what we anticipated based on the historical stats. Now let’s see if we’re in for a smoother ride this week:
At first glance we are and it seems we finally made it through the annual valley of the shadow of death spanning between week #30 and week #41. Although anything is possible at any time in the financial markets we do seem to have the wind in our backs until the EOY. Except of course week #50 but we’ll cover that once we get there.
Percent % stats are looking solid at 65% – I’d take those odds!
Trading range is elevated – as a matter of fact week #42 has the third widest range of the year. So let’s dig a bit deeper here:
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